Tasman Metals Ltd.

Tasman Metals Ltd (TSX.V : TSM; Frankfurt : T61; Pink Sheets : TASXF) is a
Canadian mineral exploration and development company focused on Strategic Metals
in the European region. Strategic metal demand is increasing, due to their
unique properties that make them essential for high technology and
environmentally-beneficial applications. Strategic metals include the 15 rare
earth elements (REE), and also zirconium, yttrium and niobium. Since over 95% of
REE supply is currently sourced from China, the EU is actively supporting policy
to promote the domestic supply of strategic metals to secure high-tech industry.
Wind turbines and hybrid vehicles like the Toyota Prius simply cannot be built
without rare earth minerals. Tasmans exploration portfolio is uniquely placed,
with the capacity to deliver high-tech metals from politically stable, mining
friendly jurisdictions with developed infrastructure. NORRA KARR PROJECT
HIGHLIGHTS Norra Karr is a nepheline syenite which contains a large inferred REE
Mineral Resource of 60.5 Million Tonnes averaging 0.54% TREO with 53% HREO. The
project lies in southern Sweden, where infrastructure is second to none. Roads,
power and water are at the site and active rail and port facilities are in close
proximity. Sweden is a mining friendly jurisdiction. Large mines operate within
90km of Norra Karr, providing a skilled local work force and mining related
contractors. Numerous intersections of mineralization at Norra Karr are greater
than 100m true thickness, which begin at surface and remain open at depth. The
inferred Mineral Resource comprises a large mineralized volume amenable to
shallow open pit mining. An unusually high proportion of high value heavy rare
earth oxides (HREO). This Mineral Resource estimate shows HREO/TREO consistently
exceeds 50%. An unusually high proportion of , two rare earth elements in scarce
supply and strong projected demand. The base case Mineral Resource estimate
shows Dy2O3/TREO averages 4.8% and Y2O3/TREO averages 35.1%. Initial work by Dr
Tony Mariano suggests REEs are concentrated in one mineral only (eudialyte),
allowing focused metallurgical research and potentially simplified processing.
Norra Karr is unusually low in uranium and thorium relative to peer company
projects. The mine site will not require any special permitting or monitoring
for radioactivity, and transport of concentrates will not require radioactive
permitting. Uranium and thorium in the base case Mineral Resource estimate
average 14 ppm and 7 ppm respectively; LEARN MORE ABOUT RARE EARTH ELEMENTS