Ram Resources has received the last of the results from follow up sampling at the Merino and Romney prospects, within the Motzfeldt Project in South Greenland.

Rock chip samples acquired over the two prospects returned potentially economic grades of niobium, tantalum and rare earth elements.

The best results from the two prospects were:
1. 6,051 parts per million (ppm) niobium, 757ppm tantalum, 3.1% zirconium and 1.08% total rare earth oxides from Merino
2. 6,156ppm niobium, 1,172ppm tantalum, 6,254ppm zirconium and 0.26% total rare earth oxides from Romney.

At Merino, good grades were identified over 1 kilometer strike. The heavy rare earth content at the prospect averaged 18.5%, with a peak result of 27.7%.

In addition, 18 of the 53 samples taken at Merino had grades of greater than 1,000ppm niobium. The best results came from the lower third of the profile at Merino, and mineralization remains open to the southwest.

Grades at Romney were generally lower than Merino, however a cluster of high grades for all minerals of interest was identified at the north-eastern end of Romney and at the south-western end of Merino.

This indicates the potential for mineralization to occur within 1 kilometer between the two prospects.

Sampling was not carried out on this area due to scree and float covering the outcrop.

The Romney prospect is located in the Lejrelev Valley, about 3.5 kilometres west of Ram’s Aries Prospect, while Merino forms a steep-sided ridge at the north-eastern end of the valley, 2.5 kilometres north-northwest of Aries.

Mr Mike Drew CEO of Ram Resources told Proactive Investors that the newly explored prospects offered considerably more blue sky for the project. He said that “We’re very pleased and excited by these additional targets, the results are quite good, they all occurred over a reasonable area. We see it as an important step to expand the exploration potential of the company substantially.”