Rare Earth Metals Inc is pleased to announce the resumption of drilling on the Clay-Howells project in northern Ontario. The drill program had been delayed in order to carry out discussions with a First Nations group and the provincial government. These discussions were successful in resolving the outstanding issues and drilling resumed on March 3rd. Prior to the suspension of the drilling the initial drill rig had completed two holes and the third was in progress. This third hole has now been completed. A second drill rig has been mobilized to the property and should also be operating by March 8th. Results from the ongoing drilling will be released as they become available.

The current drill program is focused on re-defining the historic Clay-Howells Magnetite Deposit and establishing the grade of Rare Earth Elements, Niobium and Iron in the deposit. The deposit was previously drilled in 1958 when an iron ore resource was outlined, however, no systematic work was done for Rare Earth Elements or Niobium. Sampling of historic drill core by the Company in July, 2009, had resulted in values up to 4.71% TREO (Total Rare Earth Oxides) over 4.6 m and 0.94% Nb2O5 over 12.2 meters (see previous press release by the Company dated January 6, 2010).