Rare Element Resources Completes 2015 Condemnation Drilling and Geotechnical Work at Bear Lodge

Rare Element Resources (TSX:RES,NYSE MKT:REE) has completed its 2015 condemnation drill program at the planned physical upgrade plant site for its Bear Lodge project. This confirmed the absence of mineralized material under the site, while the geotechnical program identified the characteristics of the soils for foundation design as part of detailed engineering.
As quoted in the press release:

Both programs help progress the design of the site and related mine infrastructure.
Macroscopic investigation of the drill cuttings reveals a continuation of strong alteration in the host rock but with minimal veining and overall low potential for rare earth mineralization.  Final assays of the drilling are expected before the end of the year.

Rare Element Resources COO, Jaye T. Pickarts, said:

Our summer program complements engineering work that we did in 2012 and provides important confirmatory information on our new, proposed PUG site. Over the last two years we have studied ways to minimize the environmental footprint of the PUG on public lands.  We have successfully modified the location and have reduced the PUG footprint by about one-third. The summer program confirms our understanding of the area geology and ensures that the location of the PUG will not interfere with accessing the valuable rare earth elements found at the proposed mine site.

Click here for the full press release.