"Kimberley Rare Earths discovers large heavy rare earth prospect at Malilongue in Mozambique" Kimberley Rare Earths general manager - exploration Geoff Collis told Proactive Investors today all indications are at the moment that the Malilongue heavy rare earths project in Mozambique is similar to Quest Rare Minerals’ Strange Lake deposit in northern Quebec, which has an Indicated Resource of 51Mt at 1.16% TREO
Managing director Tim Dobson said Malilongue has already revealed surface mineralisation with significant xenotime-hosted critical heavy rare earth oxides.
___________________________________________________ Fortune favours the brave
KRE Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held