Waiting on Airborne Geos...I guess what the market wants to see next are the results of the 650 line km of airbornes for the Chuchinka property.
Once those are released, we should see some form of field exploration and testing of priority targets. EMI looks to be the cheapest of the juniors exploring in this highly prospective area.
September 28, 2010
Electric Metals Completes Airborne Geophysics on Chuchinka Ree Property
VANCOUVER, B.C. September 28, 2010 – ELECTRIC METALS INC. (TSX-V:EMI) (the “Company”) announces the completion of an airborne geophysical survey over the Chuchinka Rare Earth Element property. The Chuchinka property is contiguous with the Wicheeda claims of Spectrum Mining Corporation (a private company), who have recently reported high grade drill intercepts of 3.55% rare earth elements ("REE") over 48.64 metres.
The airborne geophysical program consisted of 650 line kilometres of AeroTEM helicopter-borne time domain electromagnetic plus radiometric surveying flown by Aeroquest Surveys Ltd. Results of the AeroTEM survey are pending. AeroTEM surveys have recently been completed by a number of parties exploring for Rare Earth Element mineralization in the vicinity of the Wicheeda project, and offer a cost-effective way to explore this new highly prospective region.