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Rare Earth Metals Corp Expands Copper-Zinc Project, Flin
Flon-Snow Lake Greenstone Belt, Manitoba
3/23/06
Rare Earth Metals Corp, (REM ? TSX.V), March 23, 2006 (the ?Company?) is pleased
to announce the acquisition of a strategic land package, covering in excess of
120 square kilometres, in the Flin Flon-Snow Lake greenstone belt, Manitoba,
Canada. Seven distinct VMS copper-zinc deposit target areas are now held by the
Company.
The Flin Flon-Snow Lake Greenstone Belt is one of the largest Proterozoic aged
volcanic hosted massive sulphide (VMS) districts in the world, with production
of over 160 million tonnes of copper-zinc ore from 24 deposits. The deposits of
the belt average grades of approximately 2.5% copper and 4.5% zinc and are known
for their significant gold and silver credits. The belt is considered one of the
most prospective regions of Canada for the discovery of new large copper-zinc
VMS deposits.
The Company?s focus on volcanogenic massive sulphide (VMS) type ore bodies is
due in part to their polymetallic (copper, zinc, lead, silver and gold) content,
their high-grade, the strength of our technical team and the opportunity to
acquire a significant land position with large deposit potential.
The project is being led by Dr George Gale, the Company?s Vice President of
Exploration. Dr Gale has extensive personal experience in evaluating areas with
potential to host VMS copper-zinc deposits, and in developing exploration
techniques for identifying mineralized target areas. As former head of the
Mineral Deposits Branch of the Manitoba Geologic Survey, Dr. Gale led the effort
to have most of the known base and precious metal deposits in the province
investigated in detail.
A number of geological criteria were used to select the land position; a) where
drill core has intersected key volcanic stratigraphy recognized, as hosting VMS
deposits in the belt, b) areas with alteration of host rocks typically
associated with VMS deposits, c) areas with sulphide mineralization having
enrichment in pathfinder metals, and d) areas with published airborne
geophysical data indication the presence of prospective target horizons.
All technical information in this release has been reviewed by George Gale PhD,
P.Geo, Vice President Exploration, Rare Earth Metals Corp.
ON BEHALF OF THE BOARD
John Roozendaal
President, Director
For further information, please contact the Company at (604) 986 2020 or Toll
Free 866 816 0118 or visit our website
www.RareEarthMetals.net
The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of this news release.
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