RE: RE: RE: Phil I do not recall that Phil ever mentioned anything to me about rare earth elements.
In FCO's news release of January 21, 2011 includes the following paragraphs regarding both gold and rare earth elements:
"Results from the drill program are providing data for mine plan optimization studies. The purpose of these studies are to demonstrate the viability of optimizing ore production as early in mine life as possible to maximize revenues while minimizing mining costs, that would result in an overall positive impact on the economics of the cobalt project. In addition, the drill program has provided additional samples for initial in-house Rare Earth Element ("REE") metallurgical test work. Final results from the drill holes are tabulated below.
Table1: Ram 2010 final drill results:
click to enlarge
*Previously released
Metallurgical test work is required to determine the economic viability of extracting and separating the rare earths elements from the cobalt mineralized horizons to be mined from the deposit. Although the REE concentrations are generally low grade, the Company is pursuing the possibility of potential future REE production from these horizons as they would be considered by-product production with provisions for mining, milling and concentrating already included in the existing approved mine plan. "
Prior to the above Jan. 2011 news release, FCO has released rare eath Elements assay results. I forget just when it was but I shall look for the NR.
Cheers,
Doug