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Tuesday, August 11th, 2009:
TSX-V: QUC $0.79 +0.05

 
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Strange Lake Project
QUEBEC/LABRADOR

Strange Lake Project, Quebec/Labrador

The Strange Lake project is situated within the George River belt of northeastern Quebec and northwestern Labrador. It is located 175 km north-east of Schefferville, Quebec and 125 km west of the Voiseys Bay nickel-copper-cobalt deposit, currently being mined by Vale in eastern Labrador.

The property straddles the REE-Zr-Y-Nb-Beryllium (Be) deposit discovered by the Iron Ore Company of Canada in the late 1970’s (historical resource estimate, pre-National Instrument 43- 101; Venkatswaran, 1983 – 52 million tonnes @ 3.25% ZrO2, 0.56% Nb2O5, 0.66% Y2O3, 0.12% BeO and 1.30% TREO).

Quest undertook detailed compilation of all exploration work ever completed in the belt with the intention of identifying new uranium and REE targets. We have identified a new rare earth (REE) mineralized zone, less than three km northwest of the Strange Lake REE deposit, Quebec and Labrador. The new zone, called the B-Zone, is associated with a two km-long geophysical anomaly and has been traced at surface by grab sampling over a minimum strike length of 1.7 km and over widths of at least 350 m. Values of up to 14.43% total rare earth oxides (TREO) as well as 3.63% yttrium oxide (Y2O3), 7.37% zirconium oxide (ZrO2), 3.95% niobium oxide (Nb2O5) and 2.00% beryllium oxide (BeO) were returned by the rock sampling program. Heavy rare earth elements (HREE) represent up to 67% of the TREO component observed in the new B-Zone. Because of the potential significance of this new discovery, Quest has commenced definition diamond drilling of the B-Zone with the view of including it in Quest's preliminary resource estimate for the property in 2010.

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RELATED INFORMATION

April 8, 2009
Quest Uranium Adds Rare Earth Metals in its Search For New Resources

May 27, 2009
Quest to Acquire Property Adjacent to the Strange Lake Rare Earth Deposit in the George River Area, Quebec

July 22, 2009
Quest Mobilizes Exploration Crews, Prepares for Diamond Drilling at the Strange Lake Rare Earth Project, Northeastern Quebec

August 14, 2009
Quest Commences Diamond Drilling at the Strange Lake Rare Earth Project, Northeastern Quebec

August 19, 2009
Quest Discovers New Rare Earth Zone Close to the Strange Lake Deposit, Quebec

 

 



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