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Showing posts with label Ucore Rare Metals. Show all posts
Showing posts with label Ucore Rare Metals. Show all posts

Monday, October 1, 2012

US Department of Defense Contracts With Ucore for Metallurgical & SPE Studies

 (ccnm)
HALIFAX, NOVA SCOTIA--(Marketwire - Oct. 1, 2012) - Ucore Rare Metals Inc. (TSX VENTURE:UCU)(OTCQX:UURAF) ("Ucore" or "the Company") is pleased to announce that the United States Department of Defense (DOD) has contracted with Ucore via the Company's US operating subsidiary Landmark Alaska L.P. to conduct a mineralogical and metallurgical study on the Company's Bokan Mountain heavy REE property in Southeast Alaska. The program, to be managed by DOD under the Defense Logistics Agency (DLA) will focus on possible development of Bokan Mountain, America's largest NI 43-101 compliant heavy rare earth resource, to meet the requirements of the Department of Defense for an ongoing supply of critical heavy REE's. Under the agreement, Ucore will provide DOD with the most up-to-date data on the Bokan project's mineralogy and proprietary bench and pilot scale Solid Phase Extraction (SPE) nanotechnology research.

According to a March 2012 report from DOD, yttrium, terbium, and dysprosium are all considered to be "critical to the production, sustainment, or operation of significant United States military equipment," as well as "subject to interruption of supply, based on actions or events outside the control of the government of the United States." Yttrium, in particular, was shown to be in deficit when considering projected future domestic supply.

This announcement demonstrates strong interest by the U.S. Government in domestic mining and  production of rare earth elements to support the heavy rare earth requirements of DOD. Bokan Mountain is the richest domestic source of three heavy rare earth elements -dysprosium, terbium, and yttrium - which are critical to several advanced weapon systems, such as stealth helicopters and precision-guided weapons. Currently, all of the world's commercially-available heavy rare earth elements are produced in China. Ongoing production and export quotas have limited the availability of these materials to global markets.

"The United States does not yet have the capability to produce three of the heavy rare earths that occur naturally and in abundance in Bokan Mountain," said Jim McKenzie, President and CEO of Ucore. "The Department of Defense's investment in the Bokan deposit and Ucore's proprietary SPE technology represents a significant step toward recapturing the rare earths technological lead surrendered to China decades ago. What's more, the DOD relationship adds a great deal of credibility to Ucore's domestic supply chain development, representing one of the largest purchasing capabilities amongst prospective customers worldwide." 

About Ucore Rare Metals Inc.
Ucore Rare Metals Inc. is a well-funded development-phase mining company focused on establishing rare metal resources with near term production potential. With multiple projects across North America, Ucore's primary focus is the 100% owned Bokan - Dotson Ridge REE property in Alaska. The Bokan - Dotson ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in developing near term production facilities and limiting the capital costs associated with mine construction.

The Bokan property is particularly enriched with heavy rare earth elements, including the critical elements Dysprosium, Terbium and Yttrium. Approximately 40% (by weight) of the rare earth elements contained on the Dotson Ridge property are heavy rare earths elements, as disclosed in the Company's NI43-101 compliant resource estimate, released in March of 2011.

Jim McKenzie, President and CEO
FOR FURTHER INFORMATION PLEASE CONTACT:
Mr. Jim McKenzie
Ucore Rare Metals Inc.
President and Chief Executive Officer
(902) 482-5214
www.ucore.com
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Tuesday, September 25, 2012

Ucore Rare Earths welcomes Alaska State Initiative to Support Bokan Metallurgical Research


HALIFAX, NOVA SCOTIA--(Marketwire - Sept. 25, 2012) - Ucore Rare Metals Inc. (TSX VENTURE:UCU)(OTCQX:UURAF) ("Ucore" or "the Company") is pleased to report that the Mineral Industry Research Laboratory of the University of Alaska Fairbanks ("UAF" or "the University") has been awarded $297,000 by the Alaska Department of Commerce, Community and Economic Development.
UAF will be conducting research with respect to the processing and extracting of rare earth element-bearing minerals from ore material sourced from Ucore's Bokan Mountain deposit. The University will also conduct research on the procedure for the handling of waste rock. These specific process refinements will further enhance metallurgical testing carried out by Ucore. The announcement of this funding highlights the active role of the State of Alaska in the development of its enormous rare earth mineral potential.

"We're extremely pleased to have the University of Alaska Fairbanks team involved with the Bokan Mountain project," said Jim McKenzie, President and CEO of Ucore. "We welcome the opportunity to work with a very skilled and mining-experienced research staff at UAF, accessing the advanced human and technical resources available at that facility.

"UAF is the home of the College of Engineering and Mines," continued McKenzie. "That institution has provided immeasurable support to mine design projects throughout the state, expediting and improving both ore extraction and processing methodologies. UAF research involvement should also be indispensable as we advance into pilot scale testing in 2013. We'd additionally like to take this opportunity to thank Governor Parnell's office for its involvement in this initiative and for the ongoing support of the Bokan Mountain Heavy Rare Earth Project by the State of Alaska."

About Ucore Rare Metals Inc.
Ucore Rare Metals Inc. is a well-funded development-phase mining company focused on establishing rare metal resources with near term production potential. With multiple projects across North America, Ucore's primary focus is the 100% owned Bokan - Dotson Ridge REE property in Alaska. The Bokan - Dotson ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in developing near term production facilities and limiting the capital costs associated with mine construction.

The Bokan property is particularly enriched with heavy rare earth elements, including the critical elements Dysprosium, Terbium and Yttrium. Approximately 40% (by weight) of the rare earth elements contained on the Dotson Ridge property are heavy rare earths elements, as disclosed in the Company's NI 43-101 compliant resource estimate, released in March of 2011.

Jim McKenzie, President and CEO

FOR FURTHER INFORMATION PLEASE CONTACT:
Mr. Jim McKenzie
Ucore Rare Metals Inc.
President and Chief Executive Officer
(902) 482-5214
www.ucore.com
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Monday, August 13, 2012

Scientist and inventor joins Ucore Rare Metals

HALIFAX, NOVA SCOTIA--(Marketwire - Aug. 13, 2012) -Ucore Rare Metals Inc (TSX VENTURE:UCU)(OTCQX:UURAF) ("Ucore" or "the Company") is pleased to announce that Dr. Richard Hammen has been appointed to Ucore's Advisory Board.

Dr. Hammen is the inventor of Solid Phase Extraction ("SPE") technologies for the chemical separation of various materials. SPE is an innovative American technology, developed by Dr. Hammen in cooperation with the EPA and National Science Foundation. Dr. Hammen has been granted multiple US patents for these inventions and most recently has been focusing his research on the development of SPE products for the mining industry as President of IntelliMet LLC, of Missoula Montana.

Dr. Hammen has over 40 years of experience in the field of analytical chemistry. He is a former director of the Analytical Chemistry Laboratory at NASA / Caltech Jet Propulsion Laboratory. He was a founding employee of Vestar Inc., a biotech company started by Cal Tech faculty and affiliates, and former CEO of ChromatoChem Inc and ChelaTech Inc.

Dr. Hammen received a B.S. degree in Chemistry from Stanford University and subsequently a Ph.D. in Organic Chemistry from the University of Wisconsin. Dr. Hammen was a postdoctoral scholar at UCLA, and competed in World Championships on the US National Cycling Team.

"We're honored that a scientist of Dr. Hammen's caliber has agreed to join Ucore on an ongoing basis," said Jim McKenzie, President & CEO of Ucore, "His development of SPE as a uniquely American technology has the potential to significantly improve on traditional rare earth separation processes, and leap frog the United States as a competitive source of HREE's in the international arena. We welcome his addition to the Ucore team."

Background
Ucore Rare Metals Inc. is a well-funded development-phase mining company focused on establishing rare metal resources with near term production potential. With multiple projects across North America, Ucore's primary focus is the 100% owned Bokan - Dotson Ridge REE property in Alaska. The Bokan - Dotson ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in developing near term production facilities and limiting the capital costs associated with mine construction.

The Bokan property is particularly enriched with heavy rare earth elements, including the critical elements Dysprosium, Terbium and Yttrium. Approximately 40% (by weight) of the rare earth elements contained on the Dotson Ridge property are heavy rare earths elements, as disclosed in the Company's NI43-101 compliant resource estimate, released in March of 2011.

FOR FURTHER INFORMATION PLEASE CONTACT:
Mr. Jim McKenzie
Ucore Rare Metals Inc.
President and Chief Executive Officer
(902) 482-5214
www.ucore.com
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Monday, March 19, 2012

Ucore Rare Metals Appoints Mine Permitting Manager for Bokan Mountain Project


Ucore Rare Metals Inc.Ucore Rare Metals Inc.
TSX VENTURE : UCU
OTCQX : UURAF



March 19, 2012 08:41 ET



HALIFAX, NOVA SCOTIA--(Marketwire - March 19, 2012) - Ucore Rare Metals Inc (TSX VENTURE:UCU)(OTCQX:UURAF) ("Ucore" or "the Company") is pleased to announce the appointment of Randy MacGillivray as Senior Mine Permitting Manager for the Bokan Heavy Rare Earth project on Prince of Wales Island in Alaska, USA.

Randy MacGillivray is an Environmental Geoscientist with over 20 years of environmental and geological management experience based in Alaska, Colorado, Idaho, Nevada, Canada, New Zealand, Chile, Guyana and Bolivia. Randy has mine project management experience involving the full-spectrum of permitting, compliance, reclamation, remediation, and water quality planning involving both active chemical and passive biological treatment systems.

Randy has experience in establishing and auditing environmental management systems, including community and First Nations consultation and engagement strategies. He has served as the Environmental Manager for Coeur Alaska at the Kensington Gold Project during the final round of permitting which obtained the successful Record of Decision and Corp of Engineers 404 operating permits. Randy graduated with a Bachelor of Science in Geology from the University of British Columbia and is a licensed Professional Geoscientist in British Columbia.

"We're excited to have attracted a senior representative with the depth of experience in permitting such a major Alaskan operation as Kensington," said Jim McKenzie, President & CEO of Ucore. "Few people would have the broad skill set and Alaska-specific knowledge that Randy brings to Ucore. He'll be working in close cooperation with the State of Alaska, the US Forest Service, and associated regulators to bring Bokan into production without delay. Randy represents the first of a comprehensive team of mine development specialists being assembled by Ucore COO Ken Collison, and we welcome him to the Ucore team."

Background
Ucore Rare Metals Inc. is a well-funded junior exploration company focused on establishing REE, uranium and other rare metal resources through exploration and property acquisition. With multiple projects across North America, Ucore's primary focus is the 100% owned Bokan - Dotson Ridge REE property in Alaska. The Bokan - Dotson ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in expediting mine production and limiting the capital costs associated with mine construction.

The Bokan properties are located in an area reserved for sustainable resource development with an existing road network providing access to the main target areas. REE mineralization at the Bokan-Dotson ridge project occurs in a well-demarcated vein system related to a Mesozoic Bokan peralkaline granitic complex. However, a number of other occurrences of REE mineralization are also located within, or at the margins of the complex. Viewed in a geological and geophysical context, the Bokan complex is a distinctive circular structure and is highly prospective for rare earths deposits.

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

Contact Information


Ucore Rare Metals Inc.
Mr. Jim McKenzie
President and Chief Executive Officer
(902) 482-5214
www.ucore.com

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Wednesday, January 25, 2012

Ucore Rare Metals Releases 2011 Bokan Drill Results Pending Augmented Resource Calculation

Ucore Rare Metals Inc.



HALIFAX, NOVA SCOTIA--(Marketwire - Jan. 23, 2012) - Ucore Rare Metals Inc. (TSX VENTURE:UCU)(OTCQX:UURAF) ("Ucore" or "the Company") is pleased to announce finalized assay results from the 2011 drill program at the Bokan-Dotson Ridge rare earth element (REE) project in southeast Alaska. The 2011 drill program produced a total of 10,112 metres of core from 34 diamond drill holes. The data will be used to upgrade the status of the existing National Instrument (NI) 43-101 compliant resources from Inferred to Indicated and to increase the size of the existing mineral resources at Dotson Ridge. Together with the previous Ucore drill programs from 2007 to 2010, the Company has now completed 134 drill holes in total, comprising 19,662 meters of core at the Bokan property.

A map showing the location of the drill holes reported in this press release can be accessed on the Company's website (http://ucore.com/2011drillholes).
The following table summarizes significant intersected values from 27 out of 34 holes completed in 2011.

2011 Assay Drill Core Results

Hole
Depth
From(m)
Depth
to(m)
Width
(m)
LREO
(wt.%)
HREO
(wt.%)
TREO
(wt.%)
HREO/TREO
(%)
LM11-92 151.93 153.72 1.79 0.53 0.52 1.04 50
LM11-92 167.36 171.1 3.08 0.27 0.15 0.42 36
LM11-92 179.27 181.67 2.4 0.32 0.20 0.51 38
LM11-101 154.63 156.65 2.02 0.59 0.20 0.79 25
LM11-103 184.4 186.56 2.16 0.39 0.30 0.69 43
LM11-105 147.55 151.26 3.71 0.62 0.24 0.86 28
LM11-106 189.5 192 2.5 0.48 0.15 0.63 24
LM11-106 296.2 298.7 2.5 0.29 0.19 0.48 40
LM11-107 109.26 113.55 4.29 0.14 0.18 0.32 57
LM11-108 139.65 141.17 1.52 0.31 0.33 0.64 51
LM11-109 153.87 155.72 1.85 0.18 0.23 0.41 56
LM11-110 222.45 226.77 4.32 0.32 0.33 0.80 51
LM11-112 76.42 79.32 2.9 0.58 0.17 0.75 22
LM11-112 121.01 123.26 2.25 0.19 0.28 0.47 60
LM11-112 125.07 131 4.68 0.22 0.16 0.38 42
LM11-113 160.8 161.6 0.8 0.45 0.53 0.97 54
LM11-113 164.03 166.38 2.35 0.41 0.34 0.75 45
LM11-114 156.36 157.05 0.69 0.33 0.24 0.57 42
LM11-114 209.63 210.65 1.02 0.55 1.51 2.06 73
LM11-114 219.81 222.02 2.21 0.56 0.30 0.86 35
LM11-115 142.72 144.66 1.94 0.67 0.51 1.18 43
LM11-115 153.24 154.45 1.21 0.59 0.44 1.03 42
LM11-116 126.24 128.75 2.51 0.52 0.22 0.74 30
LM11-116 132.31 133.76 1.45 0.42 0.11 0.53 21
LM11-116 151.53 156.8 2.79 0.28 0.34 0.62 55
LM11-116 161 162.5 1.5 0.32 0.32 0.64 49
LM11-116 173.9 175.6 1.7 0.46 0.38 0.84 45
LM11-117 217.62 236.55 5.71 0.27 0.37 0.65 58
LM11-117 249.95 255.75 3.85 0.39 0.17 0.56 30
LM11-118 94.98 96.04 1.06 0.63 0.24 0.88 28
LM11-118 144.68 146.77 2.09 0.33 0.23 0.56 41
LM11-119 191.1 193.5 2.4 0.26 0.10 0.36 28
LM11-119 258.74 261.26 2.52 0.29 0.15 0.44 34
LM11-119 268.24 270.5 2.26 0.34 0.15 0.49 32
LM11-120 178 179.93 1.93 0.49 0.26 0.75 35
LM11-121 215.57 217.63 2.06 0.31 0.21 0.52 40
LM11-121 222.46 225.35 2.89 0.43 0.34 0.77 44
LM11-122 55.16 56.5 1.34 0.33 0.30 0.63 47
LM11-122 80.07 82.17 2.1 0.26 0.28 0.54 52
LM11-122 86.12 87.69 1.57 0.41 0.40 0.81 49
LM11-123 82.47 85.69 3.22 0.37 0.32 0.68 46
LM11-123 96.75 99.62 2.87 0.18 0.21 0.40 53
LM11-123 123.07 126.43 3.36 0.62 0.47 1.09 43
LM11-124 112.1 113.81 1.71 0.26 0.19 0.46 43
LM11-124 129.4 132.88 3.48 0.39 0.28 0.67 42
LM11-125 180.83 182.17 1.34 0.29 0.16 0.44 35
LM11-125 184.42 186.69 2.27 0.48 0.56 1.04 53
LM11-125 203.59 205.79 2.2 0.38 0.30 0.68 44
LM11-126 86.52 88.42 1.9 0.99 0.36 1.36 27
LM11-126 96.15 99.54 3.3 0.62 0.28 0.90 31
LM11-127 161.35 162.91 1.56 1.60 1.47 3.07 48
LM11-127 197.78 199.54 1.76 1.37 0.70 2.06 34
LM11-127 228.67 234.23 2.67 0.35 0.16 0.51 31
LM11-128 151.46 161.13 4.94 0.42 0.29 0.71 41
LM11-128 162.84 165.85 3.01 0.56 0.28 0.84 33
LM11-128 175.13 193.88 3.05 0.73 0.32 1.05 31
LM11-129 268.9 271.66 2.76 1.07 0.55 1.62 34
LM11-129 319.94 321.2 1.86 1.57 0.64 2.22 29
  • LREO = Light rare earth elements: La, Ce, Pr, Nd, and Sm as oxide
  • HREO = Heavy rare earth elements: Eu, Gd, Tb, Dy, Ho, Er, Tm, Yb, Lu, and Y as oxide
  • TREO = Total rare earth oxides: LREO + HREO
  • Totals may not equal due to rounding
  • Major contributing rare earth oxides to LREO and TREO: La2O3, Ce2O3, Nd2O3
  • Major contributing rare earth oxides to HREO: Dy2O3, Gd2O3, Y2O3
"The completion and analysis of the 2011 drill program is another significant milestone for Ucore," said Jim McKenzie, President and CEO of the Company. "The 2011 drill program is remarkable for being the most ambitious to date, generating more linear metres of core during one season than in all of the previous drill seasons combined. The sheer size of the 2011 program clearly demonstrates that Ucore is rapidly increasing the scale and intensity of its development activities at Bokan. What's more, the rare earth grades obtained this year surpass all prior years, with several intercepts ranging from 2-3% TREO. The total core volume generated this year has been more than sufficient to upgrade the bulk of the existing resource from Inferred to Indicated under NI 43-101 guidelines, as the Company counts down to the release of a Preliminary Economic Assessment in the near future."

The 2011 exploration program confirmed the integrity and continuity of the Dotson Zone. The zone has a strike length of more than 2,000 metres, with an average width of 50 metres, and contains at least 24 high-grade mineralized veins or vein-arrays. The zone remains open both at depth and on strike. 2011 drill results show that there are multiple wide and high grade intersections within the steeper holes, indicating that the already high grade mineralization is apparently strengthening at depth. The results both reinforce and augment the historical U.S. Bureau of Mines resource estimate and geological model for the area (Warner & Barker; USBM OFR 33-89). The USBM model inferred persistent rare earth mineralization in the subject zone both along the strike and at the depth, in combination with anomalously high ratios of heavy to total rare earth elements.

In addition to standard diamond drilling, the 2011 field program included the generation of numerous bulk surface samples. These bulk samples are serving as input material for plant-scale metallurgical and innovative X-ray transmission ore sorting testwork being conducted at Hazen Research Inc. of Golden Colorado and Commodas Ultrasort of Hamburg Germany, respectively (see Ucore press release "Ucore XRT Testing Shows Prospective Doubling of Mill Feed Grade" Oct 31, 2011). The 2011 field program additionally included comprehensive environmental baseline testing, as well as desktop engineering studies, as a prelude to mine planning and development commencing in 2012. Beyond the central exploration targets at Dotson Ridge, Ucore exploration geologists conducted surface work at several Bokan-area REE occurrences in 2011, using prior USBM studies as a means of generating outbound targets.

NI 43-101 Compliance
The diamond drill core was split on site, with half the core transported by commercial carriers to the Activation Laboratories analytical facility in Stewart, B.C., Canada and analyzed at their labs in Ancaster, Ontario. Check assay samples were submitted to ALS Laboratories in Anchorage, Alaska, USA and analyzed at ALS Laboratories in Vancouver, B.C. Sample containers were sealed and chain of custody was maintained throughout the transport. The QA/QC program included the insertion of certified standards, blanks and duplicates in the submitted sample shipment; and laboratory insertion and analysis of standards and blanks, duplicates and re-splits. Analyses were made by inductively-coupled plasma mass spectrometry with lithium metaborate fusion, reporting whole rock analyses as an additional quality control measure. Reported values are length-weighted averages from multiple samples. All widths reported are core intercepts and do not reflect true width of the mineralized structure. Jim Robinson, P.Geo. (NWT), an independent geologist with Aurora Geosciences, has prepared the technical data relative to the drill assays provided herein and is the qualified person responsible for their accuracy.

Background
Ucore Rare Metals Inc. is a well-funded junior exploration company focused on establishing REE, uranium and other rare metal resources through exploration and property acquisition. With multiple projects across North America, Ucore's primary focus is the 100% owned Bokan - Dotson ridge REE property in Alaska. The Bokan - Dotson ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in expediting mine production and limiting the capital costs associated with mine construction.

The Bokan properties are located in an area reserved for sustainable resource development with an existing road network providing access to the main target areas. REE mineralization at the Bokan-Dotson ridge project occurs in a well-demarcated vein system related to a Mesozoic Bokan peralkaline granitic complex. However, a number of other occurrences of REE mineralization are also located within, or at the margins of the complex. Viewed in a geological and geophysical context, the Bokan complex is a distinctive circular structure and is highly prospective for rare earth deposits.

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

Contact Information


Ucore Rare Metals Inc.
Mr. Jim McKenzie
President and Chief Executive Officer
(902) 482-5214
www.ucore.com
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