Ucore Shares Jump on Alluvial Deposit Results

Mineweb reported the price of Ucore Rare Metals’ (TSXV:UCU) shares jumped after it announced assay results of samples from its Ray Mountain project in Alaska.

As quoted in the market news:

The junior took 5-gallon bucket samples most of which Ucore then concentrated on a shaking table. Ucore said concentrates graded as high as 50 percent tin, 10 percent total rare earths and between 0.01 to 1 percent tungsten, tantalum and niobium.

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