EANS-News: Tantalus Rare Earths AG / Maiden JORC Resource of 130 million tonnes for TRE Project

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Company Information/Maiden JORC Resource

Düsseldorf (euro adhoc) - Maiden JORC Resource of 130 million tonnes
for TRE Project

Tantalus Rare Earths AG ("TRE"), a German company exploring an
extensive area of rare earth ("REE") mineralisation on the
Ampasindava Peninsula in north-western Madagascar (the "TRE
Project"), is pleased to announce a maiden JORC compliant resource
for part of the Lateritic Clay deposits within the Concession Area.

SRK (UK) Ltd (www.srk.co.uk) has completed the analysis of the
available pitting and drilling results as at 16 November 2011. On
this basis they have estimated an Inferred Mineral Resource of 130Mt
of Rare Earth Oxide ("REO") bearing Lateritic Clays with an average
grade of 0.08% REO.

Mineralogical and process test works are still at an early stage.
However, there are encouraging indications that the mineralised
material has similarities with the ion absorption clays found in
China. These ion absorption clays are the world's largest source of
the less commonly occurring and more highly priced "heavy" Rare Earth
Oxides. Analysis of the TRE material has shown that approximately 20%
of the REO's are in the "heavy" category. In addition, the relatively
low Uranium and Thorium content of the mineralisation is seen as a
major positive factor for the project.

The area and depth extent of the Inferred Mineral Resources represent
only a proportion of the total prospective area and TRE is confident
that further increases in resources are possible.

It should also be noted that the Lateritic Clays represent only one
out of several styles of mineralisation which have been identified at
the TRE Project. Drilling of the mineralised flat lying alkali
intrusions is well advanced and the company has recently identified
potentially higher grade mineralisation in breccia material at
shallow depth, underlying the Laterites in the main Caldera area. A
first stage drilling programme on these breccias has recently been
completed and results are awaited.

The issue of this maiden JORC compliant Inferred Mineral Resource
represents a major milestone for the TRE Project. It confirms the
project has the scale and grade to justify proceeding to the next
stage of technical evaluation, plus provides strong indications of
the potential for additional resources both within the Lateritic Clay
material and in other styles of mineralisation.

For a copy of the full SRK report please visit our website: www.
tre-ag.com.

About Tantalus Rare Earths ("TRE")

TRE is a German incorporated holding company whose subsidiaries are
engaged in the exploration and development of rare earths. TRE's
shares are quoted on the Open Market of the Frankfurt Stock Exchange.

TRE's principal asset is an exploration project located in
north-western Madagascar and comprises rare
earth-tantalum-niobium-zirconium-hafnium enriched dykes and sills and
Rare Earth Element ("REE") bearing Lateritic Clays derived from the
weathering of underlying alkaline intrusives.

There are numerous indications that most of the alkaline intrusive
bodies within the concession are overlain by REE bearing Lateritic
Clays. TRE is therefore considering the whole area underlain by
alkaline intrusives (150 to 170 sq km) as prospective for secondary
REE mineralisation in the weathering crust.

The exploration programme aims to define the primary (vein/skarn
hosted) and secondary (argillaceous Laterites) mineralisation present
on the concession towards a JORC compliant mineral resource estimate
and support a initiation of the staged technical and economic studies
which could lead to mine development and production.

Tantalus Rare Earths AG
Berliner Allee 12
40212 Düsseldorf
Deutschland
Telefon: +49 (0) 211 52391 430
Telefax: +49 (0) 211 52391 200
e-Mail: contact [at] tre-ag.com
Internet: http://www.tre-ag.com

Further inquiry note:
For further information contact:

Peter Davies, Technical Director Tel: +61 (0) 40 929 6676
Email: davies@tre-ag.com

Ana Ribeiro Blythe Weigh Communications Tel: +44 (0) 207 138 3206
or +44 (0) 7980 321 505

end of announcement euro adhoc
--------------------------------------------------------------------------------

company: Tantalus Rare Earths AG
Berliner Allee 12
D-40212 Düsseldorf
phone: +49 (0)211 52391 430
FAX: +49 (0)211 52391 200
mail: contact [at] tre-ag.com
WWW: http://www.tre-ag.com
sector: Holding companies
ISIN: DE000A0SMSL4, DE000A1KRQE7
indexes:
stockmarkets: free trade/entry standard: Frankfurt
language: English