Terramin Australia (ASX: TZN) should trade higher today following the discovery of strategic heavy rare earth elements (HREE's) at the historic Kapunda Copper Mine in South Australia.

The company identified high-grade HREE's in quartz veins associated with Kapunda Mine’s copper mineralisation, with over 20% total rare earth oxides from one sample.

This included 5.54% neodymium, 1.42% praseodymium, 0.20% europium and scandium up to 335ppm.

Terramin has committed to include the new HREE targets as part of their 2014 exploration campaign, in light of the new results.

HREE exploration will now be carried out in tandem with the on-going studies aimed at bringing the high grade Bird-in-Hand gold project into production as soon as possible.

The HREE discovery represents another avenue for adding value to the Kapunda project, complementing Terramin’s copper focus in the area.

HREE's have a substantially higher market value on a per kilogram basis than the more common light REE's.

Terramin has been on a roll lately, just last week hitting 2 metres at 3,942 grams per tonne silver from 44 metres at its Menninnie Dam joint venture with Musgrave Minerals (ASX: MGV) at Menninnie Dam in the Gawler Craton.