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by Will Purcell
The critical and specialty minerals stocks box score on Friday was a positive 88-77-145 as the TSX Venture Exchange fell seven points to 965. Kerem Usenmez's Volta Metals Inc. (VLTA) lost three cents to 28 cents on 1.98 million shares Thursday on word that it has extended its rare earth and gallium system another 275 metres below the proposed open pit at its Springer project in Northern Ontario. In particular, the company cheers, two new holes returned over 400 metres of continuous mineralization.
The headline hit returned 0.41 per cent total rare earth oxides and 35 grams of gallium oxide per tonne over 414 metres, starting just six metres below surface. The second hole managed 417.5 metres, also beginning near surface, which ran 0.417 per cent total rare earth oxides and 38.4 grams of gallium oxide per tonne. The four main magnet rare earth oxides accounted for nearly one-quarter of all the rare earth oxides present in both holes.
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