Friday 21st October 2016

Resource Clips

Quantum updates Nebraska Elk Creek Niobium Resource Estimate

Resource Clips - essential news on junior gold mining and junior silver miningQuantum Rare Earth Developments Corp TSXV:QRE announced an updated NI 43-101 resource estimate for its Elk Creek niobium-REE project in southeastern Nebraska. At a 0.4% cut-off, the project now has indicated resources of 19.32 million tonnes grading 0.67% niobium and inferred resources of 83.29 million tonnes grading 0.63%.

President Peter Dickie stated, “The addition of a substantially higher-grade indicated mineral resource gives us confidence in our continued development efforts of this very large and high-grade niobium deposit.”

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Peter Dickie

by Ted Niles

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