Ucore Rare Metals Provides Update on University Research Program

Ucore Rare Metals (TSXV:UCU) provided an update on research being conducted on material from its Bokan-Dotson Ridge project by Dr. Rajive Ganguli, Chairman, Dept. of Mining and Geological Engineering at the University of Alaska, Fairbanks.

As quoted in the press release:

Dr. Ganguli’s team is seeking to optimize the recovery of rare earth minerals from the feedstock, including target metals such as dysprosium, terbium and yttrium. The focus of the research is the upgrading of Bokan material including leaching by adjusting a number of factors including acid type, acid concentration, and leach temperature. Ucore will be considering the final results of this research and undertaking cost – benefit analysis of the various procedures, as it fine tunes its mineral processing flowsheet, prior to undertaking pilot plant testing of the process.

Ucore president and CEO, Jim McKenzie, said:

Bokan is the highest grade heavy rare earth deposit on US soil and continues to be the subject of academic study from scholars at a global level. We’re very pleased that the excellent facilities at UAF are being deployed to advance the processing regime of this important deposit, and appreciate the economic support from the Alaska government. By partnering with the mining industry and academia, the government is demonstrating best practices in economic development. We hope to incorporate the findings of Dr. Ganguli’s work in our forthcoming feasibility study, scheduled for release in 2015.

Click here to read the Ucore Rare Metals (TSXV:UCU) press release