Diamond Frank Exploration Inc. (TSX VENTURE:DOD)reported the conclusion of an option agreement to acquire 100% of the Blackrock property which is situated in one of North America's most well-known areas for heavy rare earth potential.

The press release is quoted as saying:

The property is located in the Kipawa Basin within the Proterozoic Grenville Province. The basin is comprised of metamorphosed and folded sedimentary sequences that have been intruded by composite intrusive bodies. The most important intrusive rocks on the property are part of an alkaline intrusive complex which intersects strongly deformed and folded sedimentary host rock. This type of geological environment seems favorable for mineralizations containing rare earth.

Click here to access the entire press release ^[1]

Click here to access Diamond Frank Exploration Corporate Site ^[2]