Stans Energy Corp. Acquires Mining License for Historical Kutessay II Rare Earth Mine in Kyrgyzstan

Ft Lauderdale, Florida 12/30/2009 11:30 AM GMT (TransWorldNews)

Stans Energy Corp. (TSX-V: RUU) has acquired a mining license for the past producing Rare Earth Elements (REEs) mine, Kutessay II in Kyrgyzstan. Kutessay II previously produced 80% of the former Soviet Union's REEs from 1960-1991. A rail line is located 43km away, electrical power is on site and mine is located 140km by paved road from Kyrgyzstan's capital city of Bishkek. Stans Energy Corp. acquired the mine along with 100% of the Kalesay Beryllium deposit from the Government of Kyrgyzstan for $855,000 by acquiring 100% of "Kutisay Mining" on the Central Asian Stock Exchange.

 

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Stans Energy Corp. (Stans) is a Canadian-based exploration and development stage company. The Company is engaged in the acquisition, exploration and development of mineral projects and assets in the Kyrgyz Republic. Stans is focused on the exploration and development of its mineral projects.

 

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