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Ram Resources Reports High Grade Rare Earths in Southern Greenland

By Joel ScanlonJan 3 2012

Ram Resources has released its first drill results from the Aries prospect at the Motzfeldt Project in Southern Greenland. The results have showed long, high grade intersections of rare earths and tantalum in four out of the seven drill holes that have been analyzed.

The results are from the 2011 exploratory program at Motzfeldt. There are economically potential grades of niobium and tantalum along with other rare earth elements in the results. It is perceived that the rare earth elements mineralization is more widespread than the niobium and tantalum mineralization in the area.

A total of seven holes were drilled and covered 962 meters using a diamond drill rig. The drilling has confirmed mineralization 300m to the north and northwest of previously drilled areas, so that the area of the mineralized zone now covered by drilling extends 600m from north to south and 250 metres east-west.

Another drilling exploration program is planned and is likely to commence in January. The data generated will be used by SRK Consulting to come up with the maiden Mineral Resource estimate for the Aries Prospect.

Ram resources is listed on the Australian Securities Exchange and has completed acquisition of 51% stake in the Motzfeldt multi element project in southern Greenland. It has the option to increase its stake to 100%.

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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Scanlon, Joel. (2019, March 19). Ram Resources Reports High Grade Rare Earths in Southern Greenland. AZoMining. Retrieved on November 22, 2024 from https://www.azomining.com/News.aspx?newsID=5680.
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Scanlon, Joel. "Ram Resources Reports High Grade Rare Earths in Southern Greenland". AZoMining. 22 November 2024. <https://www.azomining.com/News.aspx?newsID=5680>.
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Scanlon, Joel. "Ram Resources Reports High Grade Rare Earths in Southern Greenland". AZoMining. https://www.azomining.com/News.aspx?newsID=5680. (accessed November 22, 2024).
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Scanlon, Joel. 2019. Ram Resources Reports High Grade Rare Earths in Southern Greenland. AZoMining, viewed 22 November 2024, https://www.azomining.com/News.aspx?newsID=5680.