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Abstract
(Marketwire - Sept. 20, 2011) - Quantum Rare Earth Developments Corp. (TSX VENTURE:QRE)(OTCQX:QREDF)(FRANKFURT:BR3) ("Quantum", the "Company") is pleased to announce Rare Earth Element ("REE") results for the remaining two holes of the spring/summer exploration program at the Elk Creek Niobium - REE Project, located in southeastern Nebraska, USA.
Drill hole NEC11-004 was drilled at a -55 degrees inclination at a direction of 080 degrees to a depth of 465.73 metres in the area of the Eastern REE Anomaly. The Eastern REE Anomaly is located approximately 2.5 kilometres to the east of the Elk Creek Niobium Deposit. The hole was collared 160 metres to the south-east and drilled in the direction of historic hole EC-93 which contains 155.5 metres of 2.70% TREO, including 54.9 m of 3.30% TREO (previously announced, March 7, 2011).