Avannaa Resources reports drill results from its rare earth element deposit at Karrat Isfjord, West Greenland

Published on Nov 08, 2010

Avannaa Resources Ltd (“Avannaa”) has completed a large programme of field work on its rare earth element deposit in license 2010/05 in the Karrat Isfjord region of West Greenland. Work during May and June 2010 included 1740 m of diamond drilling in 10 holes at two localities.

The results confirm the 2007 rare earth element (REE) discovery at the Niaqornakavsak peninsula (NIAQ) and the 2009 discovery at the Umiamako Nuna peninsula (UMIA). The NIAQ discovery hosts tens of million tonnes. Core analysis indicated that the total rare earth oxide plus yttrium oxide (TREO+ Y) is an average of 1.02 wt% of which heavy rare earth oxide plus yttrium oxide (HREO+Y) accounts for 12.8%.

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Avannaa reports drill results from REE deposit at Karrat Isfjord

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