Ucore Rare Metals Prepares for Bankable Feasibility Study

Ucore Rare Metals (TSXV:UCU,OTCQX:UURAF,FWB:U9U) has issued a Request for Proposals from consulting firms for the preparation of a Bankable Feasibility Study for its Bokan – Dotson Ridge project in Southeast Alaska.

As quoted in the press release:

To make the most efficient use of time, and specifically in order to shorten the timeline to construction, the permitting process at Bokan will continue during the preparation of the BFS. This simultaneous undertaking is designed to ensure the mine construction is ready to commence with minimal delay, upon the issuance of required mine building permits.

Ucore CEO, Jim McKenzie, said:

The preparation of the BFS is a milestone for Ucore, and marches us yet another step closer to construction at Bokan Dotson-Ridge. Our project continues to progress according to plan. It’s especially gratifying to be making these material advances during a market down cycle. Ucore’s fundamentals are strong, and this work positions us to take advantage of higher prices in the future.

Click here to read the Ucore Rare Metals (TSXV:UCU,OTCQX:UURAF,FWB:U9U) press release