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Magnum Mining and Exploration has identified a 3.3 square kilometre zone of rare earth elements (REE) in Colorado, at its Wet Mountain Project, this week. The 3.3 km² radiometric pathfinder data includes the connected lobe of 2.6 km², which, according to the managing director, “provides a clear opportunity”. The Wet Mountain Project is located in an already recognised alkaline igneous area, characterised by numerous historical high-grade rock-chip samples. The prior USGS sampling had results as high as 7.99% Total Rare …
— ORIGINAL POST ·
Magnum Mining identifies 1.27square mile zone of Rare Earths in Colorado
· r/pennystocks
· Jun 18, 2026