Very Rare
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 HAUNTED VAMPIRE DEMON DJINN RING FOR EXPERIENCED OWNERS ONLY VERY DARK AND RARE  US $50.00
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 HAUNTED 2 IFRIT DJINN SPIRITS PENDANT RARE FUN AND VERY POWERFUL US $49.00
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 HAUNTED RARE VAMPIRE MONEY SPELL PENDANT VERY POWERFUL US $44.99
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 THREE SIBERIAN JET SPHERES VERY RARE FOR PROTECTION US $10.00
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 COMPLETE Londa Marks Alchemist World of Tarot VERY rare $1300 value US $550.00 |
 Very Rare Antique Sterling Silver Salem Witch Tie Clip Daniel Low US $179.99
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 Very Rare Labradorite Ganesh Carving 78 gm 39 ct US $2.99
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 Very Rare Ruby Sphere 648 Gm 324 Ct US $19.99
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 Haunted Pure Sanguine Vampire w Succubus Traits Extremely Potent Very Rare Ring US $59.00
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 Haunted Custom Conjured Balkan Vampire Very Rare US $70.00
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 Haunted budda that is the host for a watcher Jinn very rare powers and grants US $13.00
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 VERY SACRED AND POWERFUL EGYPTIAN YOUTH POTION VERY RARE MAGICK SPELL OF YOUTH US $30.00
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 Very Rare Super Strength Ability Spell from Genie US $5.99
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 Haunted Ring ¤ Custom Conjured Balkan Vampire Very Rare healing masonic alchemy US $38.00
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 Very Rare Blood Stone Nuggets 581 gm 2905 ct US $1.99
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 5A TOP GRADE 400CT RARE NATURAL VERY CLEAR QUARTZ CRYSTAL POINT HEALING GEM US $20.00
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 collection VERY RARE NATURAL inclusions Crop circ QUARTZ CRYSTAL Sphere BALL US $77.77
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 TOP VERY Rare NATURAL inner scene STONE QUARTZ CRYSTAL point HEALING US $14.77
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 A 024LB 18 VERY RARE NATURAL STRAIGHT RUTILATED QUARTZ CRYSTAL SPHERE BALL US $49.99
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 HAUNTED VERY RARE FEMALE LEPRECHAUN money magick Luck US $17.99
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 VERY RARE NATURAL BLOODSTONE QUARTZ CRYSTAL BALLSTAND US $193.02
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 TOP 150g VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $9.99
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 VERY RARE ITALIAN TAROT TAROCCHI PRIMITIVI AFRICANI US $60.00
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 HAUNTED RARE VAMPIRE WEIGHT LOSS RING VERY POWERFUL WEIGHT LOSS SPELL US $49.00
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 Very rare AMETHYST Golden Quartz Rutilated Collection US $77.77
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 HAUNTED 3 ANCIENT VAMPIRE DJINNS VERY POWERFUL RARE BUY 2 GET 1 FREE SALE US $69.00
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 TOP 105g VERY Rare NATURAL inner scene STONE QUARTZ CRYSTAL point HEALING US $12.77
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 01LB 25 VERY RARE NATURAL GREEN PYRAMID QUARTZ CRYSTAL CRYSTAL CLUSRE US $24.99
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 VERY RARE ITALIAN TAROT TAROCCHI DEL PALIO DI SIENA US $96.00
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 VERY RARE ITALIAN TAROT I TAROCCHI METAFISICI US $130.00
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 ✖FOREVER YOUNG ✖Very rare Romanian BEAUTY Elixir Princess Magic Talisman✖Amulet✖ US $177.99
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 TOP 200g VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $11.99
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 TOP 260g VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $15.77
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 TOP 370g VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $22.77
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 VERY RARE NATURAL BLUE phantom pyramid QUARTZ CRYSTAL US $37.77
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 VERY RARE natural Transparenc ROSE Quartz crystal SKULL US $29.77
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 VERY RARE Anorthosite Crystal Skull Creativity Root Chakra S10340 US $89.96
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 VERY RARE Ellensburg Blue Agate VERY BEAUTIFUL Get a peace of Gods work 18mm US $24.99
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 VERY RARE Ellensburg Blue Agate VERY BEAUTIFUL Get a peace of Gods work 75gm US $69.99
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 VERY RARE Ellensburg Blue Agate VERY BEAUTIFUL Get a peace of Gods work 15mm US $24.99
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 VERY RARE NATURAL BLUE phantom HAIR CRYSTAL POINT US $35.77
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 Very rare AMETHYST Golden Quartz Rutilated Collection US $39.99
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 VERY RARE long manifestation quartz crystal FREEFORM Stone Healing US $32.99
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 MULTI COLORED KYANITE BLUE THE VERY RARE ORANGE 1 4 POUND RANDOM SCOOPED US $19.00
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 A 046LB 42 VERY RARE NATURAL CLEAR BLACK MICA CRYSTAL CLUSTER GEM US $27.77
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 A 072LB 34 VERY RARE MANY PYRAMIDS NATURAL CLEAR CRYSTAL CLUSTER GEM US $37.77
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 A 07LB 29 VERY RARE MANY PYRAMIDS NATURAL CLEAR CRYSTAL CLUSTER GEM US $39.99
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 A 02LB 20 VERY RARE MANY PYRAMIDS NATURAL CLEAR CRYSTAL CLUSTER GEM US $19.99
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 VERY RARE ITALIAN TAROT TAROCCHI SIGMA US $50.00
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 VERY RARE ANDEAN INCAS TAROT ANDINO NEW CARDS DECK PERU SOUTHAMERICA US $121.00
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 Rare Purple Chalcedony Very Calming Balance Communication all Realms US $37.58
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 Haunted Djinn Marid KING QUEEN PIN VERY Rare POWER wish love desire money US $54.60
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 HAUNTED FEMALE VERY RARE EGYPTIaN DRAGON OF WEALTH POWER ENERGY WISH FRIEND LOVE US $30.44
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 Complete Illustration of Astrology E Sibley Very Rare 1817 ed Fully intact US $1,800.00
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 VERY RARE NATURAL GREEN TOURMALINE QUARTZ CRYSTAL POINT US $193.02
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 Haunted The Devata of Guadians LOVE HONOR RESPECT The Devata Rasi Very Rare US $210.00
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 Haunted – The Rouge Dragon Green Energy Powerful Life Altering Very Rare US $210.00
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 VERY RARE Prehnite Black Tourmaline CRYSTAL SKULL S10207 US $226.00
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 Haunted Wicca Very Old Rare Amethyst Crystal Luck Stone Experience True Power US $14.00
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 SUPER 7 EGG STIMULATING DEVELOPING ALL TYPES OF PSYCHIC ABILITIES VERY RARE US $197.55
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 VERY RARE TYPE MARSELLA TAROT MARSEILLE CARDS ARGENTINA US $32.99
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 11 Free Rare Wood Incense TRINKET Box Looks Very Good US $12.99
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 HAUNTED WICCA VERY OLD RARE VINTAGE STERLING WEALTH PENDANT MoneyMagnetSpell US $54.00
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 VERY RAREBlue needle crystalQUARTZ SPHERE ball US $460.00
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 HAUNTED RARE VAMPIRE WEIGHT LOSS PENDANT VERY POWERFUL US $29.00
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 36 VERY RARE Super Polychrome Amber beeswax Crystal Healing Heart 40g US $18.77
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 42 VERY RARE Super Polychrome Amber beeswax Crystal Healing Heart 45g US $20.77
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 VERY RARE HUGE NATURAL LABRADORITE QUARTZ CRYSTAL BALL US $11,908.02
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 VERY RARE DECK AMERIGO FOLCHI TAROT OMAGGIO ERTE HTF LTD EDITION US $600.00
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 VERY RARE WITCHES FINGER ATTRACT NEW SPIRITUAL PARTNER RELEASE OLD HABITS US $129.00
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 Very Rare Collectors Item Royal Maya Agate Quartz Caves Crystal Skull Mayan US $195.00
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 VERY RARE Ellensburg Blue Agate VERY BEAUTIFUL Get a peace of Gods work US $29.99
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 MORGANS TAROT RARE OOP TAROT DECK 1970 Very Unusual w lwb US $72.00
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 A VERY RARE RAW GARNET CRYSTAL CLUSTER QUARTZ CRYSTAL Mineral specimen GEM US $29.99
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 THE ADRIAN TAROT VERY RARE booklet 78 cards box US $70.57
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 VERY RARE LE TAROT DE YUMI TAROT CARDS DECK by GRIMAUD US $59.99
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 INCREDIBLE Quartz Cluster Senora Mexico VERY RARE SPECIMEN US $499.00
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 JESUS TAROT Deck Out of PRINT Original SEALED Very RARE 1972 1st Printing Pagan US $251.33
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 oop VERY RARE GRIMAUD SYLVIA MADDONNI TAROT CARDS DECK US $52.99
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 40 RARE WICCAN OLD SPELLS Set 1 Very Rare Unique US $24.00
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 FEMALE VAMPIRE SANGUINE SPIRIT OF OWNER HAUNTS ITEM VERY RARE VERY POWERFUL US $69.99
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 Calcite Ball 06 Very Clear Lemon Crystal Rare African Top Grade Sphere 32 US $171.00
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 TOP 4 VERY RARE NATURAL Bright coloured FLUORITE crystal Sphere STAND 231lb US $25.77
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 TOP 4 VERY RARE NATURAL Bright coloured FLUORITE crystal Sphere STAND 167lb US $18.77
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 TOP 240g VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $14.77
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 TOP 270g VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $16.77
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 TOP 305g VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $18.77
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 TOP 145g VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $8.77
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 TOP 190g VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $11.77
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 TOP 112lb VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $30.77
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 TOP 14lb VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $38.77
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 TOP 145lb VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $39.77
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 TOP 143lb VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $39.77
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 TOP 360g VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $21.77
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 TOP 350g VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $21.77
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 TOP 18lb VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $49.77
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 TOP 230g VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $13.99
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 TOP 280g VERY RARE NATURAL Bright coloured 7 colour FLUORITE crystal Points US $16.99
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Rare Earth Metals Inc ready to capitalize on Chinese shortages with red wine rare earth project
Booth # 3233 • rareearthmetals.ca • 807.623.6840
Michael Stares
President & CEO
Reg Felix
Vice President of Exploration
With prospects in the Red Wine district that are geologically similar to well known Canadian rare earth projects, Rare Earth Metals Inc (TSXV:RA) is poised to capitalize on the supply shortage of rare earth metals following changes in Chinese export regulations. The company's President and CEO, Michael Stares and the Vice President of Exploration, Reg Felix speak with Resource Intelligence about their exciting prospects on the Red Wine Project in Labrador.
Resource Intelligence: Rare Earth Metals Inc. has both coal and rare earth metal, which one is the company's priority at this time?
Michael Stares & Reg Felix: Of course the main priority of the company is to find and drill off a rare earth deposit. The coal asset was inherited through the merger that was completed last year when the company was formed. We are currently trying to find a home for this project and in doing so adding as much shareholder value as possible.
RI: Which project are you most focused on?
MS & RF: We're focused on the Two Tom prospect on our Red Wine Project in Labrador.
RI: Could you tell us about the results you're getting from that project?
MS & RF: That's a very exciting project. In September we drilled 11 diamond drill holes on the Two Tom prospect. The prospect is drilled off on 200m centers for approximately 1.1km. From our drilling to date, it looks like the average thickness of that particular zone is 80m and the grade would about 1.18% total rare earth oxides.
RI: Are those heavy or light rare earths?
MS & RF: They are predominantly light rare earths. However, our other prospects called the Dory Pond occurrence and the South Playfair occurrences have a really good heavy rare earth oxide proportion of the total rare earth oxide content.
RI: What else is encouraging about Red Wine?
MS & RF: We're in a geological environment that is highly prospective for rare earth elements. We're dealing with alkaline intrusions and geologically these could probably be correlated to the type of environment that Quest is working with up in Strange Lake and Avalon is working with in Thor Lake. Secondly, we have five historic rare metal showings, which have been documented by the government. We've been able to outline mineralized zones in the Two Tom and the Mann#1 that have very exciting strike lengths to them. However, we also have in the southwest area of this large holding, highly prospective zones to explore. To date, through prospecting and sampling we've demonstrated heavy rare earth oxide compositions. We're going to focus on those to come up with some exciting zones of heavy rare earth in addition to the predominantly light rare earths we already have. So we probably have an underdeveloped, undervalued belt because we're probably the first people who have really looked at it for rare earth metal mineralization.
RI: As you know we are expecting a rare earth metal supply shortage because of Chinese export regulations. Could you comment on how that may affect your project?
MS & RF: It's going to be positive in every respect. When you look at what the Chinese have been doing in the last few months with their export restrictions, they are really telling the rest of the world that they have to find new deposits. 97% of the world's rare earths are developed in China and China currently consumes about 60% domestically, and they're telling us now that their domestic demands are going to increase. There has been speculation that within five years the Chinese themselves are going to be importing rare earth metals to feed its growing economy.
RI: Are you currently working on the Clay-Howells rare earth project in Ontario as well?
MS & RF: Yes, we're drilling on the Clay Howell project right now. With any luck we'll have some good news from that project and that will be good news for the company going forward as well.
RI: How well is Rare Earth Metals Inc financed to proceed with exploration plans?
MS & RF: Our company is well financed. We have just over $8 million in the treasury. We have a burn rate of about $80,000-$90,000 per month, and basically we have lots of money in the bank to fund both our projects.
RI: Do you believe you are currently getting shareholder value for your projects?
MS & RF: Our market cap today is $32 million. If you compare other rare earth companies in the sector with similar assets and share structures as Rare Earth Metals, we believe there is a lot of room to add shareholder value.
RI: What is the company doing to address shareholder value?
MS & RF: When we do outline a resource at the Two Tom and complete a 43-101, that will help our share price for sure.
RI: Any idea of the time frame for the 43-101?
MS & RF: We're probably looking at another 12 months. Realistically, it will probably be the first quarter 2012 before we see a 43-101.
RI: Is there anything else you'd like to add?
MS & RF: Our projects have great infrastructure and I believe this will have a very positive effect on the future of our potential deposits there.
Investor Highlights:
- Exploration on the Two Tom Prospect on the Red Wine Project continuing through 2011 with 43-101 planned for first quarter of 2012
- Recent sampling has shown heavy rare earth metals on the Red Wine Project to add to existing lights
- Company well financed to proceed with exploration with $8 million in the treasury
- Existing infrastructure in the Red Wine district will keep expenditures low
About the Author
