Rare Element Resources Completes Bear Lodge Trenching Program

Rare Element Resources Ltd. (TSX:RES,NYSE MKT:REE) has completed a trenching program at its Bear Lodge Critical Rare Earth Project in Wyoming, with results confirming the geology, structure and grade of the near-surface, high-grade zone at the Bull Hill deposit.

As quoted in the press release:

The trench exposed the Bull Hill main dike for a total distance of approximately 300 feet (91.4 meters) along a northwesterly strike with widths that varied from 8 to 20 feet (2.5 to 6.1 meters). Nine 120-ton bulk samples were collected on 25-foot spacing (7.6 meters), with 2-ton (0.9 tonnes) representative sub-samples collected from each block for preliminary metallurgical testing. Nine 30-pound (13.6 kg) representative assay samples were collected from each sub-sample to provide an estimate of grade and continuity. These assays range from 3.65% to 14.65% TREO and average 10.1% TREO. Four cross trenches were excavated and sampled (six 12-ton bulk samples, each with a 0.5 ton sub-sample and an assay sample) to provide material to test the processing character of mid- to low-grade stockwork material and help ascertain the trend and character of the dike and adjacent stockwork zones.

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

This work will generate important information that will contribute to both the Feasibility Study and detailed engineering, including testing materials of construction, confirming equipment selection, and verifying material handling parameters. Having this information prior to construction should de-risk the project significantly and greatly reduce or eliminate the numerous start-up issues experienced by other companies in the rare earth sector.

Click here to read the Rare Element Resources Ltd. (TSX:RES,NYSE,MKT:REE) press release