Stans Energy Adds Additional Drill Hole to 2012 Exploration Campaign Stans Energy Corp. HRE 10/9/2012 8:33:00 AM Stans Energy Adds Additional Drill Hole to 2012 Exploration Campaign
Stans Energy Adds Additional Drill Hole to 2012 Exploration Campaign
Toronto, Ontario CANADA, October 09, 2012 /FSC/ - Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF),
Robert Mackay, President and CEO of Stans Energy Corp.("Stans" or the "Company"),is pleased to report that the Company has resumed drilling its Kutessay-II Heavy Rare Earth Elements (HREEs) mine, as part of Stans Energy's 2012 Exploration Campaign.
Originally, a 10-hole, diamond drill program was planned for the 2012 exploration season, however, preliminary results from the first 9 holes, completed before the Company's license was suspended in September, intersected new mineralization contained within the pit outline. Holes #10 and #11 are currently underway and both are scheduled to test a depth of 250 m. Completed assays of all 11 holes are expected to be released in November.
The Company would also like to report that management has been invited to participate at a Rare Earth Geology, Chemistry, Production, and Application Conference, hosted by its technical partners VNIIHT- The Scientific-Research Institute of Chemical Technology, from October 29 to 31 in Moscow. Robert Mackay, President and CEO of Stans Energy, will be providing an address to attendees on the topic of, "Issues Facing REE Companies in Various Jurisdictions." In addition to senior members of VNIIHT, speakers and attendees at the conference will include representatives from the following organizations:
* Russian State Atomic Energy Corporation (Rosatom) * The Russian Academy of Sciences * The Ministry of Natural Resources of the Russian Federation * The Ministry of Trade of the Russian Federation * Skolkovo Innovation Centre, Russia * Rhodia, Member of Solvay Group, France * Treibacher Industrie AG, Austria * Traimtech Group, Canada * SC "RUSNANO" * The Russian Technologies State Corporation * The Atomic Energy Company (Kazatomprom), Kazakhstan * The Center of Earth Sciences, Metallurgy, and Ore Benefication (CESMOB), Kazakhstan * Institute of High Technologies (IHT), Kazakhstan * FengChia University, Taiwan * Republic of Uzbekistan Academy of Science Institute of Geology and Geophysics * Plus additional independent Rare Earth Experts in various fields around the world |