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Fundamental Research Initiates Coverage on Canada Rare Earths (TSXV:CJC) (FSE:YXEN) Focusing on the Carbonatite Rare Earth Project in Quebec - Video Summary Posted on

August 12, 2011 -

Vancouver, British Columbia, August 12, 2011 - Fundamental Research has initiated coverage on Canada Rare Earths (TSXV:CJC) (FSE:YXEN) (OTCBB:CJCFF), with a report highlighting the company's carbonatite rare earth project in the Montviel Carbonatite complex in Quebec, Canada. has produced a ""video news alert"" about Canada Rare Earths. If this link is not enabled, please visit and enter ""Canada Rare Earths"" in the search box.

The company was formerly known as Canada Gas, but as its name indicates, has now entered the hot rare earths sector.

Although Fundamental Research rated the company's shares as highly speculative, and did not set a target price, they did recommend investors monitor the company's developments, as positive developments from the proposed drill program will bring significant upside from current share price levels.

The company is focused on the exploration and development of its Goeland rare earth project in the Abitibi region of Quebec. The project is situated in the Montviel Carbonatite complex, adjacent to Geomega Resources' (TSXV:GMA) rare earth discoveries, where recent drilling returned encouraging results that demonstrates the potential of the Montviel carbonatite complex. The company's project covers an area of approximately 2,600 hectares, and is road accessible. It is located 215 kilometres north of Val d'Or.

The main exploration target at the project is carbonatite hosted rare earth elements mineralization. Carbonatite deposits are a major host for rare earth elements worldwide. There are two known carbonatite bodies at Montviel and Canada Rare Earths' claims contain one of them.

Quebec is considered one of the most favourable jurisdictions for mining. The Fraser Institute's survey of mining companies has ranked Quebec in the top 10 (globally) since 2001. One of the biggest advantages of Quebec is that exploration and development expenses are eligible for a 40% rebate.

The company obtained the Goeland rare earth project in early 2011. As a bonus, the company also received new data, previously unknown to the company, from Quebec's Ministère des Ressources Naturelies et Faune (MRNF) Examine database, and two priority sectors of interest have been identified in the west block.

In March the company raised $2.26 million by issuing approximately 3.48 million units at $0.65, and initiated an exploration program which includes a complete review of all historical information, examination of historic drill cores, a structural study, an airborne electromagnetic survey, to be followed by a diamond drill program.

The company recently obtained its drill permits and will start a 3,500+ metre drill program aiming to confirm historic drilling and test the rare earth element potential in the PMTV5 carbonatite unit.

Since the acquisition of the Goeland Project, the company, in a short period of time, has successfully established itself in one of the largest Carbonatite complexes in North America.

The shares currently trade at $0.47, a significant discount to the recent $0.65 private placement.

For a more information on Canada Rare Earths, please visit their website at, or phone 604-685-5851.

You can also obtain a copy of the Fundamental research report from is a multimedia company that provides a combined solution for creating, hosting, and distributing financial video content across multiple platforms to investors and financial professionals.

Barry Morgan, CFO

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Source: InvestmentPitch via Thomson Reuters ONE


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