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Quantum Rare Earth bulks up corporate team with three new appointments

|Includes: NioCorp Developments Ltd. (NIOBF)

Quantum Rare Earth Developments (CVE:QRE) on Monday reported that it has added a new board of director and two technical advisory board members to boost its focus on its Elk Creek, Nebraska niobium and rare earth project.

"The addition of these three individuals to the corporate team will greatly enhance our ability to develop our flagship project, the Elk Creek Niobium and Rare Earth project located in southeast Nebraska," stated president and CEO Peter Dickie.

David C. Beling, appointed as a board of director, has over 47 years of experience in the base metal and energy mineral sectors, and has been consulted for companies like Phelps Dodge, Westinghouse, and several Canadian and U.S. junior mining companies.

Since 1981, Beling served as senior executive and member of the board of directors of eight public mining companies.

Meanwhile, Jim Reynolds, as one of the new technical advisory board members, has a broad background as a chemical engineer in metallurgical and chemical operations, covering a span of over 50 years. He has consulted on over 80 projects worlwide, having worked with American Potash and Hazen Research, specializing in light and heavy metals processing and industrial electro-chemicals.

Finally, the second new technical advisor, David R. Shoemaker, has worked in the precious metals and energy metals sectors, and has been involved in the evaluation of over 100 mineral properties, specializing in big open pit, block caving and cut and fill operations.

"Assembling a strong technical team with a history of mine development is critical in advancing the Elk Creek Niobium Deposit in as quick and efficient a manner as possible," added Dickie.

Vancouver-based Quantum Rare Earth is an exploration company with a focus on sussing out potentially economic deposits of niobium and rare earth elements in North America and elsewhere in the world.