Quest Rare Minerals Ltd.

Published : August 12th, 2010

Cracks the B-Zone Metall

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Quest Rare Minerals Ltd.
TSX VENTURE: QRM
Other Recent News

August 12, 2010
Quest Rare Minerals Cracks the B-Zone Metallurgical Code, Reports REE Recoveries of Between 77% and 93%

Highlights:

- Hazen Research Successfully Brings Rare Earths Into Solution From All Grade Categories of B-Zone Mineralization Without the Need for a Pre-Concentration Phase

- Strong REE Recoveries of Between 77% and 93% Were Obtained for All of the Rare Earths Detected in the Deposit

- The Flow-Sheet Developed by Hazen Uses an Acid-Bake Procedure on the Ground Whole-Ore Which Was Found to Greatly Enhance the Metal Extractions Obtained From the Various Metallurgical Experiments

- Future Work on the Ore Will Focus on Process Optimization by Reducing Grind Requirements, Adjusting Acid Consumption and Exposure Time in the Leach Tanks and by Exploring Any Potential Benefits From a Traditional Concentration Step

- Optimization Work Will Result in Developing the Most Cost-Effective and Efficient Processing Method for the B-Zone Mineralization

TORONTO, ONTARIO--(Marketwire - Aug. 12, 2010) - Quest Rare Minerals Ltd. (TSX VENTURE:QRM) is pleased to announce that it has successfully developed a metallurgical process to bring the rare earths oxides and exotic metals from B-Zone deposit into solution at its Strange Lake project, Quebec (see Figure 1, 2). Hazen Research, Inc. reports that the extraction of rare earths from the B-Zone, between 77% and 93%, are generally in excess of the extraction to solution reported for previous metallurgical work conducted by the Iron Ore Company of Canada (IOC, 1985) and Mitsui Mining & Smelting (1996) on the historical Main Zone deposit to the southeast. The ultimate process flow-sheet developed from Hazen Research's work will be applied to pilot mill studies on a 20-50 tonne bulk sample to be collected from the B-Zone this summer.

"We are most satisfied with the success that Hazen has had in liberating the rare earths from B-Zone mineralization," stated Peter J. Cashin, President & CEO of Quest. "The flow-sheet appears to be equally successful in processing all grades of mineralization that Quest provided for this metallurgical test. Equally encouraging is the fact that the mineralization can be processed without the need of expensive concentrator technology in the ultimate mill design for the deposit. Hazen will now look at optimizing the process flow-sheet in order to reduce grinding requirements on the mineralization, reduce sulphuric acid addition to the mill feed in the leach phase and to increase leach times in an effort to further improve REE recoveries and ultimately, optimize recovery costs."

Metallurgical Test Results

Table 1 below is a compilation of experiments conducted on the various grades of mineralization recorded for the B-Zone. Variations of acid concentration, grind size and ore grade were tested to observe their effect on rare earth and rare metal recovery from the mineralized samples. In general, un-reacted zircon in the leach residues, including the acid bake residues, is believed to have accounted for the majority of the unrecovered rare earths and rare metals in the metallurgical test. A detailed listing of metal recoveries by the various experiments is listed in Table 2. The best recoveries were obtained from the whole-ore acid-bake experiments without the need of pre-concentration methods at the finest grind (experiment 3316-47) which recorded recoveries of 92% for neodymium (Nd), 87% for yttrium (Y), 89% cerium (Ce), 93% gadolinium and europium (Gd, Eu), 92% terbium (Tb), 90% dysprosium (Dy), 88% for holmium (Ho), 78% for thulium (Tm), 83% erbium (Er) and 77% for ytterbium and lutetium (Yb, Lu).

"The Hazen work has pointed out a pathway to open up the exotic metal-bearing minerals observed in the B-Zone and it appears that the acid bake procedure effectively cracks the high grade, medium-grade and low-grade of mineralization used in the Hazen test work," said Joseph M. Keane, P.Eng., Quest's consulting metallurgical engineer. "Down the road, procedures for separating the dissolved metals to produce marketable products will need to be addressed. Optimization studies directed to grind size, acid addition regime, acid consumption and heat requirements are indicated for future investigation."

Metallurgical Test Procedure

In January 2010, Hazen Research, Inc. received a one-tonne bulk sample obtained from core-drilling representative of the surface exposure of the B-Zone REE deposit discovered by Quest (see Press Release: November 19, 2009). The sample was separated into three mineralization types, designated high-grade, low-grade (mid-grade) and altered (low-grade) and treated separately by Hazen. Following crushing and grinding, the high-grade sample was subjected to several benefication (pre-concentration) methods. The sample was evaluated using gravity (heavy-liquid) separation, froth floatation, shaking table, centrifugal separation and magnetic separation. The magnetic separation method was the only procedure that eliminated mass (45%) with minimal rare earth losses (4-6%). The REE losses for the remaining pre-concentration methods outlined above were deemed unacceptable. An additional a series of experiments on the high-grade mineralization revealed that the REE could be effectively liberated by acid leaching of the whole-ore without the need of pre-concentration. In addition, the discovery that the REE recoveries could be further improved by applying an acid-bake step to the leach experiments was subsequently made. The acid-bake procedure is explained below.

In an acid bake process (see Figure 3), pulverized feed material (ore or concentrate) is mixed usually at room temperature with concentrated sulfuric acid. The mixing must be prompt and intimate so that all of the solid particles are wetted by the sulfuric acid. The resulting mass has the appearance of a moist cake or it can be a paste. The test flow-sheet requires that a 25-50 g sample of material be finely ground (minus 13, 74 and 149 microns), then prepared and sent to a Teflon leach flask containing 350 kg of sulphuric acid (H2SO4) per tonne of mineralization equivalent and heated to 80 degrees C. Once in solution, the leached material is exposed to an acid-bake procedure in an open vessel at high acid concentrations and heated to 225 degrees C for one hour. This step was immediately followed by a two-hour leach at 80 degrees C and 5% H2SO4. The leach liquor is sent for analyses of rare earths as well as zirconium (Zr), hafnium (Hf), niobium (Nb), thorium (Th) and beryllium (Be). In addition, once cooled, the leach residues are exposed to mild H2SO4 at 10% solids at 80 degrees C and then dried. The residue solids are then recorded for mass and sent for chemical analyses.

Future avenues of investigation by Hazen are to review and test mill throughput with the application of magnetic separation pre-concentration of rare earths from the B-Zone, to reduce acid consumption in the metallurgical practice, increase the grind size of the subsequent samples tested and to improve recoveries of Zr as a means of improving REE recovery in the test work.

Quality Control

Mr. Peter Cashin, P. Geo., is the qualified person on the Strange Lake Project under National Instrument 43-101 and was responsible for this news release and has approved the disclosure of the technical information contained herein.
Joseph M. Keane, P.Eng, of Keane Mineral Engineering LLC, Tucson, Arizona, is the qualified metallurgical engineer for the project and has reviewed and approved the metallurgical disclosures presented in this release.

About Quest Rare Minerals

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 Corporation is publicly-listed on the TSX Venture Exchange 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 projects in Canada's premier exploration areas: the Strange Lake and Misery Lake areas of northeastern Quebec, the Kenora area of northwestern Ontario and the Plaster Rock area of northwestern New Brunswick. Quest's 2009 exploration led to the discovery of a significant new Rare Earth metal deposit, the B-Zone, on its Strange Lake property in northeastern Quebec. The Corporation recently filed a 43-101 Inferred Resource Estimate on the B-Zone deposit and is awaiting the results of a Preliminary Economic Assessment (PEA) for the B-Zone deposit from Wardrop, A Tetra Tech Company, of Toronto, Ontario. In addition, Quest announced the discovery of an important new area of REE mineralization on its Misery Lake project, approximately 120 km south of Strange Lake project. Quest continues to pursue high-value project opportunities throughout North America.

This press release may contain "forward-looking statements". Readers are cautioned that any such statements are not guarantees of future performance and that actual developments or results may vary materially from those in these "forward looking statements".

To view figure 1, please visit the following link:

http://media3.marketwire.com/docs/proplocation.pdf.

To view figure 2, please visit the following link:

http://media3.marketwire.com/docs/claimlocation.pdf.

To view figure 3, please visit the following link:

http://media3.marketwire.com/docs/ZB1.pdf.

Table 1 - Compilation of Test Parameters and Selected Recovery Results, B-Zone Metallurgical Test, Hazen Research, Inc.

To view table 1, please visit the following link:

http://media3.marketwire.com/docs/qrm0812project11051.pdf.

Table 2 - Detailed REE Recovery Summary of B-Zone Metallurgical Test Results, Hazen Research, Inc.

To view table 2, please visit the following link:

http://media3.marketwire.com/docs/rareacidbake.jpg.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

Quest Rare Minerals Ltd.
Peter J. Cashin
President & CEO
(416) 916-0777 or 1-887-916-0777
Fax: (416) 916-0779
info@questrareminerals.com
www.questrareminerals.com

INDUSTRY: Manufacturing and Production - Mining and Metals

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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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Financings of Quest Rare Minerals Ltd.
7/25/2013Completes Fully-Subscribed $2=2E7 Million Private Placement
3/7/2011seek a listing on a stock exchange in the United States
10/27/2009Completes $6.3 Million Private Placement
Option Grants of Quest Rare Minerals Ltd.
3/15/2010Grants Stock Options
Nominations of Quest Rare Minerals Ltd.
5/28/2013APPOINTS DR. DIRK NAUMANN AS VICE-PRESID
5/28/2013Appoints Dr=2E Dirk Naum =?ISO-8859-1?Q?ann=20as=20Vice-Pres...
2/13/2013APPOINTS ANIL SINGH AS VICE-PRESIDENT, I
2/13/2013Appoints Anil Singh as =?ISO-8859-1?Q?=20Vice-President,=20I...
10/7/2011Appoints George Potter to Its Board of Directors
1/6/2011Appoints John Panneton to Its Board of Directors and Grants ...
5/27/2010appoints Robert L. Leclerc as Chairman o
5/27/2010Appoints Robert L=2E Leclerc as Chairman of the Board of Dir...
5/21/2010Appoints Mackenzie Watson as Honorary Ch
5/21/2010Appoints Mackenzie Watson as Honorary Chairman and to Adviso...
Financials of Quest Rare Minerals Ltd.
4/16/2012Issues First Quarter Financial Statement
Project news of Quest Rare Minerals Ltd.
3/15/2012Hires Senior Project Manager and Process Metallurgist
5/30/2011(Strange Lake)Files 43-101 Technical Report on B-Zone Ree Deposit, Strange...
5/25/2011(Strange Lake)Reviews Rare Earth Element Mineralogy and Metallurgy of the ...
4/21/2011(Strange Lake)Board Approves Funding for Pre-Feasibility Study, Strange La...
4/11/2011(Strange Lake)Revised Resource Estimate for the B-Zone REE Deposit Shows I...
4/7/2010(Strange Lake)Quest's B-Zone REE Deposit Confirmed as a =?ISO-8859-1?Q?=20...
3/23/2010(Misery Lake)Expands 2010 Exploration Plans for Its Misery Lake REE Proje...
3/17/2010(Strange Lake)advances 2010 exploration plans on its Strange Lake REE Proj...
12/10/2009(Strange Lake)New Quest B-Zone Drilling Returns 1.23% Over 38.5 m and 1.27...
10/15/2009(Strange Lake)Quest: B-Zone Drilling Expands Resource Potent =?ISO-8859-1?...
8/19/2009(Strange Lake)Quest Discovers New Rare Earth Zone Close =?ISO-8859-1?Q?to=...
8/13/2009(Strange Lake)Commences Diamond Drilling at the Strange Lake
Corporate news of Quest Rare Minerals Ltd.
2/3/2014launches its redesigned website
12/10/2013announces Peter Cashin presenting at FAB
7/25/2013Completes Fully-Subscribed $2.7 Million
7/9/2013SIGNS A LETTER OF INTENT FOR SALE OF 100
2/21/2013Investor Update Meeting
11/14/2012letter
11/12/2012CEO on Bloomberg Asia
10/31/2012(Strange Lake)Announces That a Revised Resource Estimate for the Strange L...
10/26/2012Engages Hatch to Undertake Advanced Metallurgical and Separa...
10/10/2012letter
10/9/2012on Reuters
9/27/2012on Bloomberg Radio
7/31/2012Mobilizes Crews to Commence Strange Lak
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5/22/2012TODAY; Quest Rare Minerals, Orko Silver and REBgold Corp | I...
4/18/2012Featured in The Globe and Mail
4/12/2012Featured on BNN: Commodities
3/13/2012Joins the Rare Earth I =?ISO-8859-1?Q?ndustry=20and=20Techno...
3/13/2012Joins the Rare Earth Industry and Techno
3/12/2012Events This Week
2/29/2012to Commence Trading on Toronto Stock Exc
2/24/2012to Be Featured on CEO Clips Airing on Bloomberg Television
2/17/2012Grants Stock Options
2/15/2012Reports Progress on the B-Zone Rare Eart
2/15/2012to Host a Corporate Update Conference Ca
2/15/2012Reports Progress on the =?ISO-8859-1?Q?=20B-Zone=20Rare=20Ea...
11/25/2011Comments on Quest Rare Minerals Ltd. in today's Critical Met
9/23/2011Brien Lundin comments on Quest Rare Minerals Ltd. in today's
9/15/2011Cormark Securities Inc=2E have launched a Buy Coverage of Qu...
6/30/2011on BNN: The Commodity File
6/27/2011Rings the Opening Bell to Celebrate Recent Listing on NYSE A...
6/8/2011and Partner Search Minerals Drills New REE Zone South of the...
5/18/2011to Trade on NYSE Amex
8/17/2010Announces $1.5 Million Convertible Loan With SIDEX
8/12/2010Cracks the B-Zone Metall
4/23/2010Changes Name to Quest Rare Minerals Ltd.
2/26/2010President featured on BNN: Watch Online
2/25/2010President featured on BNN
2/25/2010Peter Cashin featured on BNN: Commodities Fe
2/23/2010at The BMO Capital Markets 2010 Global Metals & Mining
12/18/2009Recommended by Mark Lackey on BNN
11/27/2009featured on BTV- Business Television
11/20/2009featured on CEO Clips on The Biography Channel
11/19/2009Discovers a New Rare Earth Intrusive Complex
10/20/2009Expected Closing Date for $7 Million Private Placeme
8/4/2009Introduces the Members of Its Newly-Established Management A...
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