Quest moves higher on drill results

摘要

Shares of Quest Rare Minerals (qrm-v, qrm-x) closed 25% higher at 3.23 dollars per share on Jan. 12 after the junior announced that heavy rare earth oxides represented 22.4% to 76.5% of rare earth oxides intersected during the company's Strange Lake drilling campaign completed in the second half of 2011. Highlight intercepts from the drill program included 1.44% total rare earth oxides (TREO) over 144 metres in drill hole 11218, and 1.23% TREO over 116 metres in hole 11189, with 3.04% TREO over 12 metres and 4.9% TREO over 5 metres. Drill hole 11135 returned 1.48% TREO over 46 metres and 3.29% TREO over 10 metres.