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    Ucore Pleased With Rep. Young’s Amendment On REE Mining

    Investing News Network
    Jul. 13, 2012 05:56PM PST
    Rare Earth Investing

    Ucore Rare Metals Inc. (TSXV:UCU) applauded Representative Don Young’s amendment to the National Strategic and Critical Minerals Production Act of 2012, which allows Ucore to accelerate the mining permit process to speed up development of its heavy rare earth project in Bokan Mountain, Alaska, by expanding on a previous exemption to the 2001 Roadless Area Conservation Rule in the Bokan Mountain area.

    Ucore Rare Metals Inc. (TSXV:UCU) applauded Representative Don Young’s amendment to the National Strategic and Critical Minerals Production Act of 2012, which allows Ucore to accelerate the mining permit process to speed up development of its heavy rare earth project in Bokan Mountain, Alaska, by expanding on a previous exemption to the 2001 Roadless Area Conservation Rule in the Bokan Mountain area.

    As quoted in the press release:

    Rep. Young’s amendment clarifies and expands on that previous exemption and now allows for expedited road development within the Bokan project area, the most significant heavy rare earth resource in the U.S. The metals found in the mineral prescription area at Bokan Mountain will support future economic development in the state of Alaska as well as the national security and energy independence of the United States.

    Click here to read the full press release.

    bokan mountainunited statestsxv:ucu
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