09:49 AM EST - Namibia Rare Earths Inc. : reported that it has received additional results from ongoing metallurgical test work on the Area 4 heavy rare earth deposit located on the Company's Lofdal permit in northwestern Namibia. Significant improvements in grade and recoveries have been achieved on the high grade sample and the flow sheet is now being directed towards optimizing grades and recoveries of the low grade sample. Significant improvements are also reported from XRT sorting calibration tests carried out by Tomra Sorting Solutions which confirm the potential for a 50% mass reduction with consistent high recoveries (85-90%) of the rare earths. Namibia Rare Earths Inc.
shares T.NRE are trading unchanged at $0.14.
