SAN DIEGO, CA--(Marketwired - Dec 30, 2014) - Sourcinglink.net Inc. (OTC PINK: SNET) would like to provide context to monetary values associated with rare earth metals found with significant values in the most recent assay reports, which were obtained on its claims in Quebec. Here is a list of prices along with the prices of the finished product when drawn into their oxide form. Prices below have been provided by Asian Metal and listed on the mobile app available at www.ucore.com.
| Cerium $9.10/kg |
Cerium Oxide $3,800/mt |
| Lanthanum $8.80 / kg |
Lanthanum Oxide $4,300/mt |
| Neodymium $81/kg |
Neodymium Oxide $58,000/mt |
| Praseodymium $156/kg |
Praseodymium $100,000/mt |
| Samarium $21/kg |
|
| Yttrium $59/kg |
Yttrium Oxide $11/kg |
Sourcinglink.net is planning to resume its exploration programs in 2015. We at SourcingLink.net wish all the shareholders a Happy New Year and we look forward to a great year.
About The Eldor Project:
SourcingLink.net, Inc. signed an agreement to acquire 100% interest in the Eldor Rare Earth Property Claims (The Eldor Project) located in Northern Quebec, Canada. The Eldor Project consists of 32 mineral claims covering approximately 3719 and is located in Northern Quebec which is considered one of the most favorable mining jurisdictions in the world.
About SourcingLink.net, Inc.:
SourcingLink.net is a U.S. based publicly traded exploration and development company with a focus on rare metals and rare earth elements which are among the primary input materials of technology in the 21st century.
Forward-looking Statements
This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as "expect," "believe" or "plan," by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.