Quantum Bolsters Board of Directors
09 June 2010 - 12:03AM
Marketwired
Quantum Rare Earth Developments Corp. (TSX VENTURE: QRE)(PINK
SHEETS: QREDF)(FRANKFURT: BR3) ("Quantum", the "Company") is
pleased to announce the addition of Mr. James Allan M.Sc. P.Eng, to
the Company's Board of Directors.
Mr. Allan holds a BASc (Geological Engineering), from the
University of British Columbia and a MSc (Geology, Engineering)
from Queen's University. He is a Registered Professional Engineer,
belonging to the Association of Professional Engineers, Geologists
and Geophysicists of Alberta (APEGGA).
As a geological engineer, Mr. Allan has over 45 years of
experience with several major mining and petroleum companies and as
an independent consultant in mining exploration and exploration
management, mineral property evaluation and mining geology. He has
conducted and managed exploration and evaluation programs for a
wide variety of mineral commodities in Canada, the United States,
Latin America, the Philippines, Malaysia, Australia and the former
Soviet Union including Russia.
Mr. Allan also has extensive experience in the exploration for,
and evaluation of, rare earth deposits both as manager of
exploration in Canada for a large rare earth company (Molycorp
Canada) from 1982 to 1990 and as an independent consultant.
"We are extremely pleased to have Jim join us in our development
of the Company's assets," states Peter Dickie, President and CEO of
Quantum. "Jim's experience with Molycorp and knowledge of our Elk
Creek acquisition will help bolster the team preparing to advance
the project."
One of the first segments of his activities with the Company
will be organizing and overseeing a complete compilation of all of
the data from previous exploration work done by Molycorp on the Elk
Creek Project in Nebraska. A site visit is currently being planned
to the University of Nebraska where all the data and core is
located in secure storage.
Mr. Allan replaces Patrick Morris who has resigned to pursue
other ventures. The Board thanks Mr. Morris for his past
contributions.
On Behalf of the Board,
Peter Dickie, President, CEO
"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."
Contacts: Quantum Rare Earth Developments Corp. Peter Dickie
President and CEO (604) 669-9330 (604) 669-9335 (FAX)
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