TASMAN METALS LTD.
Pinksheets - TASXF
IN KIRUNA DISTRICT OF SWEDEN
SCANDINAVIAN RESOURCES A COMPANY LISTED ON THE AUSTRALIAN STOCK EXCHANGE (ASX) UNDER SYMBOL SCR
- Well financed iron ore specialist partner chosen to advance Tasmans high merit iron ore projects;
- Joint Venture ensures exploration continues on Tasmans iron ore projects;
- Allows Tasman to realize immediate value through cash and share payments; and
- Allows Tasman to focus on its rare earth element (REE) portfolio.
"Tasmans corporate focus is firmly on the exploration and development of its European REE assets, in particular the Companys Norra Karr project in south central Sweden
The Company has chosen to share exploration risk and ensure exploration is advanced on non-core iron ore projects by joining with a partner holding adjacent iron ore projects. The acquisition of this advanced iron ore portfolio places Scandinavian Resources at the forefront of iron ore exploration in Sweden. We look forward to working with Scandinavian Resources highly experienced management team, and taking our place as one of Scandinavian Resources top 10 shareholders.
LREE light rare earth elements, lanthanum to samarium by atomic weight
HREE heavy rare earth elements, europium to lutetium plus yttrium
TREO rare earth elements, calculated as oxides, including lanthanum to
lutetium plus yttrium
HREO heavy rare earth elements, as per HREE above, calculated as oxides
LREO light rare earth elements, as per LREE above, calculated as oxides
For more TASMAN information contact
Mining Interactive Corp.
"Ahead of the Pack"
|Nick L. Nicolaas|