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AllPennyStocks.com News: Junior Miner Identifies High-Potential Rare-Earth Target (RES.V, NEM)

10/19/2009 (BAYSTREET NEWSWIRE)

MISSISSAUGA, Ontario, October 19, 2009 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “Junior Miner Identifies High-Potential Rare-Earth Target.”

Companies mentioned in this article include Rare Element Resources Ltd. (TSX-Venture: RES), Newmont Mining Corporation (NYSE:NEM) and VMS Ventures Inc. (TSX-Venture:VMS).

Article Excerpt:

While the focus has been primarily on gold this year – what with prices soaring into the stratosphere – other minerals, at least as rare, have longed for their place in the sun, and appear to have found them in the middle of October.

As the fourth quarter of this year got a little bit older, word came down from Vancouver-based junior miner Rare Element Resources Ltd. (TSX-Venture: RES) of new rare-earth-element (REE) mineralization on its property in Wyoming. With some help from allied firms such as Newmont North American Exploration Ltd., a subsidiary of Newmont Mining Corporation (NYSE:NEM), RES was able to locate a rich area of such minerals on its Bull Hill property. A detailed geological mapping of the FMR vein by Newmont showed strong evidence that these elements were to be found. The FMR veins consist of iron and manganese oxides, altered silicates, amorphous silica, and minor to significant REE minerals.

The full version of this article can be found at:

http://www.allpennystocks.com/aps_ca/special_reports/066/Junior-Miner-Identifies-High-Potential-Rare-Earth-Target.htm

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Contact:

AllPennyStocks.com Media, Inc.

Peter Szafranski -- President

Phone: (905) 361-5680

E-Mail: peter@allpennystocks.com

 

Note: AllPennyStocks.com has not received compensation for carrying the other above-mentioned companies; a full disclaimer can be viewed here: http://www.allpennystocks.com/aps_common/disclaimer.asp.

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