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ST40 - is a well-defined radiometric anomaly measuring approximately 1000m by 250m. At the heart of the anomaly, nine sub-crop rock samples were collected within an area measuring 125m by 100m. Seven of the samples produced assays ranging from 2.5% to 5.3% TREO. The seven samples averaged 1.8% Nd2O5 (neodymium oxide) and 417ppm Eu2O3, (europium oxide) which are atypically high amounts for REE projects. The REE distribution of lanthanides for the seven sub-crop samples are: neodymium 46% greater than cerium 20% greater than praseodymium 8% greater than lanthanum 5%. The neodymium levels are highly elevated compared with typical levels of 10% to 15% found in other deposits. The minerals hosting these elements are currently being investigated. Neodymium is one of the more valuable rare earths, as it is a key component in neodymium-iron-boron super magnets used in motors for wind turbines, hybrid cars, and other green technologies. Neodymium oxide currently trades for approximately US$15/kg. Similarly, europium is amongst the least abundant of the rare-earth elements and is a critical component in flat panel display technology. Europium oxide currently trades for around US$500/kg. Two rock samples located 1000m and 1400m west of ST40 (roughly half way between ST40 and ST1) averaged 0.9% TREO. These samples are intriguing because they also contain an average of 1.4% niobium oxide (Nb2O5). This area is predominantly under cover but warrants further exploration to determine potential continuity of mineralization between the two prospects. Niobium oxide currently trades for approximately US$25/kg.

"Generator Brushless, 3-phases neodymium magnet generator Brushless Generator: NO motor brushes in our generator and a maintenance-free design with strong neodymium magnets. Old style generators have motor brushes that require regular maintenance. Brushes are high failure items and need replacements regularly."

Maxon Motor is launching an electrically commutated motor that the company says promises to push the accepted limits of commercial technology for both efficiency and performance. Maxon designed the EC 25 High Speed motor to produce the highest possible speed for a motor of its size with virtually no vibration - and, in doing so, achieved over 93 per cent efficiency.

Neo Material Technologies Inc. (TSX: NEM) (the "Company" or "Neo") announced today that it has signed a Memorandum of Understanding ("MoU") with Mitsubishi Corporation ("Mitsubishi"). This MoU represents the establishment of a strategic partnership between Neo and Mitsubishi for the identification, development and commercialization of rare earth resource opportunities outside of China.