Rare Element Reports Additional REE Assays From Resource Areas and a New Target Area

Rare Element Resources Ltd. (TSE-V:RES) announces rare earth element (REE) assay results from an additional sixteen drill holes completed during its 2010 core drilling program at the Company’s Bear Lodge property, located in northeastern Wyoming, USA.

The press release is quoted as saying:

Jim Clark, Vice President Exploration states: “The current assay set includes some of the best results to date. The data show that the Bull Hill SW deposit is open to the southeast, with excellent REE grades right up to the limit of drilling. The results from drill hole RES10-33 demonstrate that strong REE mineralization is present west of the West Bull Hill fault and open up a significant area for further resource definition.

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