Maybe this, from several weeks ago, might help explain the (share price)excitement - REE values are more usually 1% or 2% total. We are now into September and must be well into the drill program. Probably surface deposits are enriched by erosion and weathering etc, but the drills may be getting some good stuff.

The best values returned by Quest sampling of the B-Zone were:

• 14.43 per cent TREO, 2.23 per cent yttrium oxide (Y2O3), 2.09 per cent zirconium oxide (ZrO2), 3.95 per cent niobium oxide (Nb2O5) and 0.6 per cent beryllium oxide (BeO) (sample 203851);
• 10.27 per cent TREO, 1.80 per cent Y2O3, 3.23 per cent ZrO2, 0.91 per cent Nb2O5 and 1.54 per cent BeO (sample 203853);
• 8.03 per cent TREO, 0.87 per cent Y2O3, 1.18 per cent ZrO2, 2.20 per cent Nb2O5 and 0.66 per cent BeO (sample 203513).

The mineralization is associated with a highly altered and iron-stained, fluorite-bearing Strange Lake alkali granite. The better grades of mineralization appear to be related to the equigranular aplitic and pegmatitic phases of the host granite. Given the complexity of the silicate, phosphate and oxide mineralogy of the REE zone and the host granite, samples have been sent out for mineralogical investigation. Bulk sampling and metallurgical work of this new mineralization will be undertaken toward the end of the current exploration program.

Quest's compilation of historical Strange Lake property data indicated that six Iron Ore Company of Canada (IOC) drill holes completed in the early 1980s intersected the western extremity of the B-Zone. All holes returned wide intercepts of Zr, Y, Nb and cerium (Ce) -- mineralized Strange Lake granite over widths ranging from 47 m to 60 m. The significance of these intersections was not recognized by IOC at the time and their REE sample analysis suite was incomplete. Preliminary observations from early Quest drilling of the new B-Zone have confirmed the wide nature of the mineralized intercepts observed by IOC.

Definition drill program

In addition to the definition drilling currently under way over the Main Strange Lake REE zone (see news in Stockwatch on Aug. 13, 2009), a program of exploration and definition drilling over the B-Zone is in progress. A minimum of 20 drill holes for 2,000 m is planned for this portion of the program. The drilling is expected to be completed sometimes in September.