Frontier Rare Earths and Korea Resources Corporation Sign Strategic Partnership Agreement

FrontierRareEarthsLogo KORES to acquire up to a 20% interest in the Zandkopsdrift rare earth project, up to a 10% interest in Frontier and a right to purchase up to 40% of Zandkopsdrift’s rare earth production July 13, 2011 (Source: Marketwire) -- Frontier Rare Earths Limited (TSX: FRO) (TSX: FRO.WT)  announced today that it has signed a heads of agreement with Korea Resources Corporation (“KORES”), the Korean Government-owned mining and natural resource investment company, to form a strategic partnership designed to accelerate the development of Frontier's Zandkopsdrift rare earth project in South Africa.  Under the terms of the agreement, which is non-binding,…