Rare Element Resources Provides Operations Update

Aug. 05, 2011 02:11PM PST

NASDAQ reports that Rare Element Resources Ltd. (TSE:RES) identified high grades of heavy rare-earth elements in the Whitetail Ridge resource area, and the East Taylor and Carbon target areas.

NASDAQ reports that Rare Element Resources Ltd. (TSX:RES) identified high grades of heavy rare-earth elements in the Whitetail Ridge resource area, and the East Taylor and Carbon target areas.

The market news is quoted as saying:

The western areas are characterized by high grades (>3% REO) and substantial quantities of the light rare earths (LREE), along with some of the highest grades of heavy rare earths in North American deposits.

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