Gabo Mining Ltd V.MDL

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[tes1936]

Taken from the companies SEDAR filings the other day. (sorry copy/paste didn't work too well)

At the Company's Eden Lake REE Project in western Manitoba, the 20 I 0 summer field work is complete.
The work consisted of refining past available information and collecting new mapping and sampling data to

investigate the potential of the four REE-mineralization sty les present on the Eden Lake property. To date,

the hydrothermal metasomatic replacement mechanism appears to provide the greatest potential to provide

a large area of surface REE-mineralization that may be of economic importance. A large number of

channel samples were collected during the summer 20 I 0 field work and the Company is waiting for the

final assay results, which will be needed to evaluate this potential.

At the Company's Red Wine HREE Project in southern Labrador, the summer 20 I 0 exploration program

began with the an airborne geophysical survey in early July 20 I O. The preliminarThe preliminary data from this survey

supports and expands previous estimates of the area for rare-earth mineralization. Strong magnetic and

radiometric anomalies correspond to a large area on Company's 22-square-kilometre "A" block that is

known to cover the eudialyte-bearing south Red Wine intrusion. Eudialyte is recognized as a mineral rich

in the more valuable heavy rare-earth elements. Positive geophysical responses also point to new,

potentially mineralized targets on the Company's "8 ", "c" and "D" blocks to the east and north of the "A"

block. A field reconnaissance of the geophysical targets and all available historical geological information
was completed by mid September. Assays of 34 reconnaissance samples were encouraging and a second

sampling expedition was undertaken in mid October. Twenty-nine channel samples and 14 additional grab

samples were collected before weather terminated the program. Assays are expected

by the mid December.