LEAF RAPIDS, Manitoba There used to be a base metal mine near this tiny northern community, and perhaps there will be again. RARE EARTH METALS CORP. has announced the discovery of the South Bay nickel-copper-cobalt-PGE mineralization 60 km northeast of here.
The mineralization is comparable to that found in magmatic-sulphide-hosted nickel deposits, says Rare Earth, and is comprised of pyrrhotite, pentlandite, millerite, chalcopyrite, pyrite, and other sulphide minerals. The metaliferous zone is exposed within a 2- to 7-m wide biotite schist thought to be associated with mafic intrusions. Regional host rocks comprise a sequence of sulphidic metasedimentary rocks.
More information about the South Bay find and Rare Earth's other projects is available at www.rareearthmetals.net.