Canada Rare Earth Corporation, Clay-Howells Project, TSX.V:LL

Properties

Clay-Howells Project

Clay-Howells Location Map

The Property is located in northern Ontario, Canada, approximately 50 km north-northeast of the town of Kapuskasing. It is defined by 30 contiguous mining claims and 45 patented claims spanning a total of 7,440 ha, which are currently 100% held by Canada Rare Earth and are all in good standing.

The Clay-Howells Alkalic Complex is situated within the Kapuskasing sub-province of the Superior Province in the Canadian Shield. The syenitic to monzonitic rocks appear to have intruded the region in several pulses. They are unmetamorphosed, and are thought to be mushroom-shaped in vertical cross-section. A dyke-like body of magnetite-rich carbonatite intrudes the syenitic rocks within the southeast corner of the complex (Sage, 1988).

The Property is predominantly comprised of these syenites, carbonatites, massive magnetites, fault-alteration breccias, and syenite breccias. REE-bearing minerals within the Clay-Howells deposit are complex, but primarily consist of a cerium-lanthanum-calcium (Ce-La-Ca) silicate and monazite (or phosphate phases similar in composition to monazite). A high Fe-REE mineral, fergusonite, and allanite are also observed in trace amounts. Monazite, apatite, and a Ce-La-Ca silicate are the three main mineral groups hosting the REE. The REE-bearing minerals are typically very coarse grained with approximately 50% of the distribution occurring as grains greater than 100 μm wide (Kormos, 2010).

A 43-101 compliant resource was calculated in October, 2011 by Wardrop/Tetra Tech. Highlights of the project include:

Magnetic iron may be ideal for thermal coal washing
Excellent candidate to develop into a “Polymetallic Boutique” producer

Canada Rare Earth is seeking a partner to carry out the next phase of metallurgy, economic evaluation and marketing. Any interested parties in this project, should contact:

Michael Stares, Director
Email: mstares@canadarareearth.com
Tel: 807-623-6840