Comments on Quest Rare Minerals Ltd. in today's Critical Metals Report

Dear Shareholders and Friends,

In a recent interview with Streetwise Reports, Gareth Hatch, co-founder of Technology Metals Research LLC, commented on Quest Rare Minerals Ltd. Many variables are shaping the developing market of rare earths, and from calculating global demand to anticipating individual project costs, data makes the difference in determining viable investments. Gareth Hatch gets down to the nitty gritty in this Critical Metals exclusive, and comes up with some promising projects in the works.

As founding principal of Technology Metals Research, LLC, Gareth Hatch is interested in helping people to understand the challenges associated with the growing demand for rare-earth elements [REEs] and other critical and strategic materials. Hatch is also a co-founder of Innovation Metals Corp, a provider of downstream processing and marketing services to the strategic-metals industry. He is a Fellow of the Institute of Materials, Minerals & Mining, a Fellow of the Institution of Engineering & Technology, a Chartered Engineer and a Senior Member of the IEEE.

We thought you'd be interested in reading Gareth Hatch's comments on Quest Rare Minerals Ltd. Scroll Down to see these comments.

Regards,

Peter J. Cashin
President & Chief Executive Officer

Gareth Hatch's Comments:
"The fifth-ranked deposit by quantity of neodymium would be Strange Lake, owned by Quest Rare Minerals Ltd... Quest has a really nice deposit up there; a number of knowledgeable geologists walked us through the details on our visit. Quest also has a very professional organization and is well resourced. The challenge of course, is that Strange Lake is tucked away in a part of Canada that would require significant new infrastructure, to be able to properly service it and to get materials in and out.

When we were there, the company was just finishing up exploration and was starting the process of "handing over the reins" to the engineering people. Quest is now finishing up its prefeasibility study. The company has also recently added a director to its board with mining project experience.. Quest is looking to expand and looking to put the right people in place to make this project a reality."

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Quest Rare Minerals Ltd. is a Canadian-based, exploration company focused on the identification and discovery of new world-class Rare Earth deposit opportunities. The Company is publicly-listed on the TSX Venture Exchange and NYSE Amex as “QRM” and is led by a highly-respected management and technical team with a proven mine-finding track record. Quest is currently advancing several high-potential rare earth projects in Canada’s premier rare earth exploration areas: the Strange Lake and Misery Lake areas of northeastern Québec and the Plaster Rock area of northwestern New Brunswick. Quest continues to pursue high-value project rare earth opportunities throughout North America.

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Quest Rare Minerals Ltd.

	EXPLORATION STAGE
	CODE : QRM.V

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Quest Rare Minerals is a exploration company based in Canada.

Quest Rare Minerals holds various exploration projects in Canada.

Its main exploration properties are GEORGE RIVER, STRANGE LAKE, PLASTER ROCK, SNOOK LAKE and KENORA NORTH in Canada.

Quest Rare Minerals is listed in Canada and in United States of America. Its market capitalisation is CA$ 232.5 millions as of today (US$ 233.8 millions, € 177.6 millions).

Its stock quote reached its lowest recent point on July 02, 2010 at CA$ 1.74, and its highest recent level on April 29, 2011 at CA$ 8.88.

Quest Rare Minerals has 86 429 011 shares outstanding.

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