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Rare Element Increases Measured and Indicated Resources in Bull Hill Area
May. 07, 2012 05:19PM PST
Rare Earth InvestingRare Element Resources Ltd. (TSX:RES,AMEX:REE) announced that a technical report has increased the resources at the Bull Hill area of its Wyoming-based Bear Lodge project.
Rare Element Resources Ltd. (TSX:RES,AMEX:REE) announced that a technical report has increased the resources at the Bull Hill area of its Wyoming-based Bear Lodge project.
As quoted in the press release:
The updated resource estimate of the Bull Hill deposit consists of 7.5 million tons (6.8M metric tonnes) grading 3.79% REO in Measured and Indicated categories, up from 6.8 million tons (6.2M metric tonnes) averaging 3.75% REO reported in a news release dated 4 January 2012, both using a 1.5% REO cutoff grade.
Click here for the Rare Element Resources Ltd. (TSX:RES) press release.
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