Namibia’s Unique Lofdal Rare Earths Project Rich in Heavy Rare Earth Oxides
May 7, 2013 — Donald Burton, President, Namibia Rare Earths Inc. (TSX: NRE|OTCQX: NMREF) in an interview with Dave Glover for ProEdgeWire (ProEdgeWire.com) described the Lofdal Rare Earths Project as a “…brand new rare earth mineral district on a scale of about 200 square kilometers.” The project generates considerable appeal thanks to its estimated 75-80 percent heavy rare earth oxide content of the deposit.
Namibia Rare Earths Inc. is developing a portfolio of mineral exploration projects in Namibia and is currently focused on accelerating development of the Lofdal Rare Earths Project. The Company completed a CDN$28.75 million initial public offering and has been listed at the Toronto Stock Exchange since April, 2011. Namibia Rare Earths is well funded to carry out its development program.