CORRECTING and REPLACING Stans Energy Delineates New Mineralized Zone at Kutessay II

CORRECTING and REPLACING Stans Energy Delineates New Mineralized Zone at Kutessay II

TORONTO--(BUSINESS WIRE)-- Please replace the release with the following corrected version due to added tables.

The corrected release reads:


STANS ENERGY DELINEATES NEW MINERALIZED ZONE AT KUTESSAY II

Stans Energy Corp (TSX-V: HRE, OTCQX: HREEF) ('Stans' or 'The Company') is pleased to report that it has received the assays for its 2012 exploration drilling program at Kutessay II.

On August 10, 2012, the Company commenced its 2012 drilling program. The goal of the drilling was to evaluate the vertical extension of the rare earth mineralization (to the +2213 m level, Adit No.27) revealed in 2011 drilling to the west and northwest of what was referred to during Soviet times as the Central Ore Body, as well as along survey profiles No. VIII, X, XI, XII, XIV, XV, and to search for the continuation along the Kutessay II deposit flanks - to profile No. III in the north, and No. XX in the south.

By October 24, 2012, eleven diamond drill holes (Nos.Y022D011, Y022D012, Y022D013, Y022D014, Y022D015, Y022D016, Y022D017, Y022D018, Y022D019, Y022D020, and Y022D021) were drilled along deposit survey profile Nos. III, VI, VIII, X, XI, XIV, XV, XVIII, and XX. The drill holes lengths are 240.6 m, 295 m, 285 m, 310 m, 250 m, 230.2 m, 450 m, 27 m, 263.0 m, 300 m, and 210 m respectively, totaling 2,860.8 m. Spacing between the survey profiles ranges from 55 m to 75 m, and between the drill holes, from 45 m to 65 m.

Summary tables for the holes are listed below:

Drillhole No.D011. Weighted average grade of ∑TR2O3

Table No.6

Item No.

Profile No.

Drillhole No.

Drilling Parameters

Drillhole depth, m

Mineralized Intervals

Interval Rock Description

∑TR2O3 grade, %

Ratio

Direction of drilling, 0

Drillhole inclination angle

from

to

Thickness, m

min - max

∑TR2O3%

%HRE

%LRE

1

XV-XV

D011

95.0-95.5

57.0-54.5

240.6

111.0

119.3

8.3

Amphibole schist

0.03

0.13

54.1

45.9

2

0.49

3

138.0

147.0

9.0

Amphibole schist

0.05

0.12

49.0

51.0

4

0.27

5

189.5

203.0

13.5

Granophyre

0.05

0.18

51.5

48.5

6

0.45

7

220.0

226.3

6.3

Quartz-sericite metasomatite

0.08

0.12

24.0

76.0

8

0.15

44.64

55.36


Drillhole No.D012. Weighted average grade of ∑TR2O3

Table No.5

Item No.

Profile No.

Drillhole No.

Drilling Parameters

Drillhole depth, m

Mineralized Intervals

Interval Rock Description

∑TR2O3 grade, %

Ratio

Direction of drilling, 0

Drillhole inclination angle

from

to

Thickness, m

min - max

∑TR2O3%

%HRE

%LRE

1

XIV-XIV

D012

94.5-95.0

41.5-40.9

295.0

267.0

274.5

7.5

Amphibole schist

0.04

0.13

49.0

51.0

2

0.32

3

278.0

295.0

17.0

Granophyre

0.10

0.22

54.2

45.8

4

0.48

51.60

48.40


Drillhole No.D013. Weighted average grade of ∑TR2O3

Table No.3

Item No.

Profile No.

Drillhole No.

Drilling Parameters

Drillhole depth, m

Mineralized Intervals

Interval Rock Description

∑TR2O3 grade, %

Ratio

Direction of drilling, 0

Drillhole inclination angle

from

to

Thickness, m

min - max

∑TR2O3%

%HRE

%LRE

1

VIII-VIII

D013

95.5-96.5

48.0-46.4

285.0

234.15

236.5

2.35

Diorite porphyrite

0.10

0.33

26.9

73.1

2

0.74


Drillhole No.D015. Weighted average grade of ∑TR2O3

Table No.4

Item No.

Profile No.

Drillhole No.

Drilling Parameters

Drillhole depth, m

Mineralized Intervals

Interval Rock Description

∑TR2O3 grade, %

Ratio

Direction of drilling, 0

Drillhole inclination angle

from

to

Thickness, m

min - max

∑TR2O3%

%HRE

%LRE

1

XI-XI

D015

94.0-95.8

58.0-57.0

250.0

212.5

249.0

36.5

Enclosing rocks amphibole schist and granophyre

0.03

0.20

50.2

49.8

2

0.35


Drillhole No.D016. Weighted average grade of ∑TR2O3

Table No.2

Item No.

Profile No.

Drillhole No.

Drilling Parameters

Drillhole depth, m

Mineralized Intervals

Interval Rocks Description

∑ TR2O3 grade, %

Ratio

Direction of drilling, 0

Drillhole inclination angle

from

to

Thickness, m

min - max

∑TR2O3%

%HRE

%LRE

1

VI-VI

D016

92.8-93.8

52.5-51.0

230.2

175.5

180.5

5.0

Brecciated amphibole schist

0.05

0.11

27.0

73.0

2

0.23


Drillhole No.D017. Weighted average grade of ∑TR2O3

Table No.1

Item No.

Profile No.

Drillhole No.

Drilling Parameters

Drillhole depth, m

Mineralized Intervals

Interval Rocks Description

∑TR2O3 grade, %

Ratio

Direction of drilling, 0

Drillhole inclination angle

from

to

Thickness, m

min - max

∑TR2O3%

%HRE

%LRE

1

III-III

D017

92.8-93.0

57.5-56.9

450.0

202.0

207.0

5.0

Brecciated amphibole schist

0.13

0.57

35.1

64.9

2

0.88

3

238.5

258.0

24.5

Granophyre

0.05

0.17

47.1

52.9

4

0.47

41.08

58.92


Drillhole No.D019. Weighted average grade of ∑TR2O3

Table No.7

Item No.

Profile No.

Drillhole No.

Drilling Parameters

Drillhole depth, m

Mineralized Intervals

Interval Rock Description

∑TR2O3 grade, %

Ratio

Direction of drilling, 0

Drillhole inclination angle

from

to

Thickness, m

min - max

∑TR2O3%

%HRE

%LRE

1

XVIII-XVIII

D019

93.1-95.0

55.4-52.0

263.0

15.5

23.0

7.5

Amphibole schist

0.03

0.21

35.7

64.3

2

1.75

3

76.5

82.0

5.5

Quartz-sericite metasomatite

0.11

0.15

50.3

49.7

4