Ucore Approves 2010 Field Program

Ucore Uranium reports the completion of an exploration plan for its Bokan-Dotson Ridge rare earth element (REE) project in 2010.

The comprehensive exploration agenda, continuing under the management of Ucore’s wholly-owned U.S. subsidiary Rare Earth One, has been designed with a concentration on advancement of existing zones with infill and exploratory drill work, while expanding overall project scope.

Jim McKenzie, Ucore’s President & CEO says:

“Our objective is to advance the Bokan-Dotson Ridge project as quickly as possible.”

 “A detailed analysis of our recent exploration data has now commenced, which will deliver the initial stages of a comprehensive 3D model at the Dotson Zone, which is the main area of REE mineralization located east of the Complex. These subsurface data will be combined with new geophysical data obtained via a 2009 airborne survey. Together, the two datasets will be used to target 2010 drill hole locations and spacing intervals, all with a view to obtaining a NI 43-101 compliant resource estimate, projected to be delivered later this year. Our metallurgical work will investigate the previous U.S. Bureau of Mines studies which showed a recovery rate of up to 96% yttrium from Dotson Zone samples.”

For complete press release, click here.

For Ucore’s company profile, click here.