TASMAN RECEIVES ENCOURAGING METALLURGICAL RESULTS FROM NORRA KARR HEAVY RARE EARTH ELEMENT PROJECT, SWEDEN
Published : April 04, 2011
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

VANCOUVER, April 4 /CNW/ - Tasman Metals Ltd. ("Tasman" or the "Company") (TSXV:TSM) (Frankfurt:T61) (Pinksheets:TASXF). Mr Mark Saxon, President & CEO, provides an update on the metallurgical research, drilling and environmental monitoring underway on the Norra Karr heavy rare earth element (REE) project.  Norra Karr is the only NI43-101 compliant REE resource in mainland Europe.

SGS Minerals Services of Canada are completing mineralogical characterization, concentrate preparation and hydrometallurgical testing on a 100kg sample of representative Norra Karr mineralization.  To date, QEMSCANTM, electron microprobe and XRD (x-ray diffraction) has been applied to characterise mineralogy and distribution of REE's and other potentially economic elements.

"This first set of robust QEMSCANTM mineralogical results are encouraging, demonstrating that the ore mineralogy of the Norra Karr deposit is simple, and those ore minerals are liberating efficiently during crushing", said Mark Saxon, President & CEO.  "This mineralogical knowledge is being applied to the initial phases of concentrate preparation, and roast-leach hydrometallurgical processing that are now underway."

QEMSCANTM results confirm that the principal REE and zirconium bearing phases are zirconium silicates.  Eudialyte is most abundant zirconium silicate comprising 4.3% of the 100kg sample, whilst secondary is catapleiite comprising 2.5%.  Zircon and other REE phases are present in only trace amounts.  Other minerals in the sample are dominated by Na-Al silicates (36%), plus nepheline/microcline (31%) and clinopyroxene (24%).

Element deportment studies are in progress, and will be reported when final results are available.  However, microprobe analyses on 13 eudialyte grains indicated an average content of 5.0% TREO* ((total rare earth oxide) * in this instance, analysis is for partial TREO only, comprised of Y2O3 + La2O3 + Ce2O3), 12.4% Zr2O and 0.75% Nb2O3.

The liberation and association characteristics of the zirconium silicates after crushing were examined.  Particle liberation describes the degree of separation of minerals-of-interest from other minerals, based on the 2 dimension mineral-of-interest area percent.  Perfect liberation therefore equals 100%.  Liberation analysis of the Norra Karr sample indicated that in crushed material where 80% passed -150 μm, 79% of zirconium silicates were well liberated (where ≥80% of the mineral-of-interest is separated from other minerals).  This is considered to be a high and encouraging degree of liberation.

The calculation of exposed surface area of the zirconium silicates after crushing indicates that a large portion of grains (up to 94% of the mass) had a surface exposure area greater than 50%. This well exposed surface area suggests good potential for recovery, as the minerals of interest are well exposed for chemical attack and breakdown, the metallurgical effect of which must be tested with extensive research.

In Sweden, the Norra Karr Phase 3 drill program is ongoing, with 2,746m completed in 17 holes (NKA11043 in progress). The objective of this drill program is to infill sections to 100m spacing, test the deeper parts of the mineralized intrusion and obtain additional drill core for ongoing metallurgical testing. Drilling is proceeding well with the REE mineralized intrusion having been intersected in all drill holes. The mineralized intrusion has now been intercepted to a maximum down hole depth of 298.8m in drill hole NKA11040, which ended in the intrusion at the limit of the available drill rods.  The maximum down hole depth prior to this drill program was 152.5m. Assay results are pending.      

In addition, the Company has retained independent consultants to initiate environmental monitoring of water quality, flora and fauna at the Norra Karr project site and surrounding area with the objective of gathering adequate baseline information to be used in support of a filing for a Mineral Lease application.

About Tasman Metals Ltd. 

Tasman Metals Ltd is a Canadian mineral exploration and development company focused on Rare Earth Elements (REE's) in the European region and is listed on the TSX Venture Exchange under the symbol "TSM".  REE demand is increasing, due to the metals unique properties that make them essential for high technology and environmentally-beneficial applications. Since over 95% of REE supply is sourced from China, the European Union is actively supporting policy to promote domestic supply of REE's, to ensure the security of high-tech industry. Tasman's exploration portfolio is uniquely placed, with the capacity to deliver "high-tech" metals from politically stable, mining friendly jurisdictions with developed infrastructure.

The Company's Norra Karr project in Sweden is one of the most significant heavy REE resources in the world, and the only NI43-101 compliant REE resource in mainland Europe.  With a TREO (total rare earth oxide) cut off of 0.4%, the Inferred Mineral Resource comprises 60.5 million tonnes grading 0.54% TREO and 1.72% ZrO2 (zirconium oxide), with 53.7% of the TREO being the higher value HREO (heavy rare earth oxide).  The resource is unusually low in radioactive metals relative to peer projects, with less than 15 ppm each of uranium and thorium.


On behalf of the Board,
"Mark Saxon"  
Mark Saxon, President & CEO
 

Samples submitted by Tasman Metals Ltd were analyzed by SGS Minerals Services in Lakefield, Canada, where calibration methodology and check sampling was applied according to standard industry practice.  The qualified person for the Company's exploration projects, Mark Saxon, President and Chief Executive Officer of Tasman and a member of the Australasian Institute of Mining and Metallurgy and Australian Institute of Geoscientists, has reviewed and verified the contents of this release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward Looking Statements. This Company news release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events.  Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.

For further information:

Investor Information
www.tasmanmetals.com
1305 - 1090 West Georgia St., Vancouver, BC, V6E 3V7
Company Contact: Mariana Bermudez +1 (604) 685 9316
Investor Relation Consultants - Mining Interactive 
Nick Nicolaas +1 (604) 657 4058
Email: info@tasmanmetals.com

Data and Statistics for these countries : Canada | China | Sweden | All
Gold and Silver Prices for these countries : Canada | China | Sweden | All

Tasman Metals Ltd.

EXPLORATION STAGE
CODE : TSM.V
ISIN : CA87652B1031
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Tasman Metals is a exploration company based in Canada.

Tasman Metals holds various exploration projects in Sweden.

Its main exploration properties are NORRA KÄRR and BASTNAS in Sweden.

Tasman Metals is listed in Canada. Its market capitalisation is CA$ 16.9 millions as of today (US$ 13.1 millions, € 11.6 millions).

Its stock quote reached its highest recent level on April 15, 2011 at CA$ 5.98, and its lowest recent point on February 26, 2016 at CA$ 0.09.

Tasman Metals has 66 141 922 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Tasman Metals Ltd.
10/18/2012Announces Extension of Warrant Term
Financials of Tasman Metals Ltd.
7/15/2015Files Financial Results for the Nine Months Ended May 31, 20...
7/12/2013files financial results for the nine months ended May 31, 20...
7/12/2013files financial results for the nine months ended May 31, 20...
4/11/2013Files Financial Results for the Six Months Ended February 28...
1/10/2013Files Financial Results for the Three Months Ended November ...
Project news of Tasman Metals Ltd.
11/30/2010NORRA KARR PROJECT CONFIRMED AS A LARGE TONNAGE NI 43-101 CO...
11/30/2010(Norra Kärr)NORRA KARR PROJECT CONFIRMED AS A LARGE TONNAGE NI 43-101 CO...
Corporate news of Tasman Metals Ltd.
8/19/2016Tasman Shareholders Approve Arrangement with Flinders
7/6/2016Tasman Announces Date of Annual and Special Meeting of Share...
6/21/2016Tasman and Flinders Sign Definitive Arrangement Agreement
4/5/2016Tasman Announces Resignation of Director Gil Leathley
3/31/2016Tasman Provides Update on Norra Karr Mining Lease
1/15/2016Tasman Announces Voluntary Delisting from the NYSE MKT
1/14/2016Tasman Files Financial Results for the Three Months Ended No...
12/1/2015Tasman Files Annual Report on Form 20-F
11/30/2015Tasman Files Annual Report on Form 20-F
7/10/2015Files Amended and Restated Pre-Feasibility Study on the Norr...
3/11/2015The REE Basket Price Deception and the Clarity of OPEX
1/21/2015Tasman announces results of Pre-Feasibility Study for the No...
1/21/2015announces results of Pre-Feasibility Study for the Norra Kar...
1/13/2015Tasman Files Financial Results for the Three Months Ended No...
1/6/2015Tasman joins the Critical Materials Institute
12/17/2014Tasman Expands Critical Metal Portfolio With Acquisition Of ...
12/17/2014expands critical metal portfolio with acquisition of two chr...
12/9/2014Tasman Completes Drill Program For Bulk Metallurgical Sample...
12/9/2014completes drill program for bulk metallurgical sample at Nor...
11/26/2014Tasman Files Annual Report on Form 20-F
7/14/2014Tasman Files Financial Results for the Nine Months Ended May...
7/9/2014Tasman Precipitates Heavy Rare Earth Element Concentrate and...
6/13/2014Tasman Announces Results of AGM
5/20/2014Tasman and Flinders Mutually Agree to End Merger Negotiation...
4/14/2014Tasman Files Financial Results for the Six Months Ended Febr...
4/8/2014Tasman Commences Pre-Feasibility Study for Norra Karr Heavy ...
3/31/2014Tasman Announces Second Tranche Private Placement Closing
10/10/2013Expands Critical Metal Portfolio with Acquisition of Tungste...
8/28/2013Files Preliminary Base Shelf Prospectus and F-3 Registration...
8/14/2013Achieves High Recovery in First Metallurgical Tests From Ols...
7/25/2013Receives Bulk Surface Sample Permit for the Norra Karr Heavy...
7/23/2013Submits Mining Lease Application over Olserum Heavy Rare Ear...
7/17/2013Receives European Commission Funding for Processing Research...
7/11/2013files amended and restated technical reports on its Norra Ka...
7/11/2013files amended and restated technical reports on its Norra Ka...
4/16/2013releases NI 43-101 resource report for Olserum heavy rare ea...
4/12/2013Grants Stock Options
3/25/2013engages ANSTO Minerals to expand metallurgical testing of No...
3/15/2013announces results of AGM
2/19/2013drills thick intervals of heavy REE mineralization at Olseru...
10/3/2012completes summer drilling program at Norra Karr heavy rare e...
7/6/2011NORRA KARR HEAVY RARE EARTH ELEMENT PROJECT DECLARED PROJECT...
6/17/2011COMPLETES SPRING DRILLING AND BEGINS UPDATED RESOURCE CALCUL...
5/26/2011ANNOUNCES REGISTRATION OF FORM 40-F WITH US SECURITIES AND E...
4/28/2011BOARD APPROVES EXPANSION OF PHASE 3 DRILLING PROGRAM AT NORR...
4/12/2011BEGINS DRILLING OTANMAKI RARE EARTH ELEMENT PROJECT, FINLAND
4/4/2011RECEIVES ENCOURAGING METALLURGICAL RESULTS FROM NORRA KARR H...
3/29/2011FILES FORM 40-F WITH U.S. SECURITIES AND EXCHANGE COMMISSION
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (TSM.V)
0.255-3.77%
TSX-V
CA$ 0.255
08/25 16:22 -0.010
-3.77%
Prev close Open
0.265 0.280
Low High
0.255 0.280
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.255 -1.92%
Volume 1 month var.
40,506 -1.92%
24hGold TrendPower© : -19
Produces
Develops
Explores for Rare earth - Zirconium
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 1/29/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.70-0.65%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.94+9.34%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-2.55%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.69+13.03%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.60+1.83%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20+2.63%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.87+5.65%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.61+0.98%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+5.56%Trend Power :