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Ucore Rare Metals Inc (TSXV:UCU,OTCQX:UURAF) announced results from its alluvial rare earths property in Alaska.
Ucore Rare Metals Inc (TSXV:UCU,OTCQX:UURAF) announced results from its alluvial rare earths property in Alaska.
As quoted in the press release:
Sample results from late summer field investigations point to potential economic grade concentrations in at least three drainage basins: the upper Kilolitna River, the Ray River, and No Name Creek. Each of these exhibits numerous surface exposures of alluvial gravel and sand containing a threshold of at least 0.15 kg/cubic meter (0.22 lbs/cubic yard) of REE and/or tin (Sn), along with by-product concentrations of tungsten (W), zirconium (Zr), niobium (Nb), and tantalum (Ta).
Ucore’s President and CEO, Jim McKenzie said:
The intent is to establish Alaska as the leader in American heavy REE exploration, extraction and development. The Ray Mountains project has select areas rivaling HREE content at our Bokan property, and the remarkable advantage of collateral tin, niobium and tantalum mineralization which enhances prospective values per ton.
Click here to read the Ucore Rare Metals Inc (TSXV:UCU) press release. Â
