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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

San Gold Corporation -www.sangold.ca
George Pirie, President and CEO of San Gold Corporation (TSX: SGR) (OTCQX: SGRCF) is pleased to report that exploration step-out drilling from surface and underground has extended the 007 Zone to the east by as much as 100 meters, bringing the total strike length of the 007 zones to 500 meters to date.

Robust widths and grades are being encountered as drilling pushes the deposit eastward and to depth as demonstrated by the most easterly drill hole to date, # S915-11-33 which intersected 15.4 g/tonne (0.45 oz/ton) over 13.7 meters (45 ft) at a depth of 260 meters below surface. Deeper drilling below 300 meters is also extending the deposit to depth as shown by drill hole #CD-11-003 which intersected 17.8 g/tonne (0.52 oz/ton) over 4.2 meters (14 ft) and by #CD-11-13, cutting 56.5 g/tonne (1.65 oz/ton) over 2.6 meters (8.5 ft). The 25 intersections within 24 drill holes as reported below are located within a 220 meter long by 220 meter deep envelope beginning at 200 meters below surface at the eastern extremity of the 007 deposit.
All drill holes for which assays have been received within the 007 East Extension and Far East zones are listed below:

Hole #      From  To    Length      Gold           Zone
            m     m     m      ft   g/tonne oz/ton
CD-10-192   453.5 459.8 6.4    20.9 6.5     0.19   007E Ext
CD-10-193   351.8 358.1 6.3    20.8 51.0    1.49   007E Ext
CD-10-195   361.7 364.2 2.5    8.3  34.2    1.00   007E Ext
CD-11-01    374.8 380.5 5.7    18.6 18.5    0.54   007E Ext
CD-11-02    447.3 455.9 8.6    28.1 7.9     0.23   007E Ext
CD-11-03    405.6 409.8 4.2    13.9 17.8    0.52   007E Ext
S915-11-010 50.0  56.4  6.4    21.1 9.0     0.26   007E Ext
S915-11-011 42.0  55.2  13.2   43.4 11.6    0.34   007E Ext
S915-11-013 33.8  43.8  10.0   32.8 7.2     0.21   007E Ext
S915-11-014 50.7  63.2  12.5   41.0 11.6    0.34   007E Ext
S915-11-032 39.2  45.7  6.5    21.3 6.2     0.18   007E Ext
S915-11-040 41.1  49.5  8.4    27.5 14.3    0.42   007E Ext
S915-11-042 41.6  44.4  2.8    9.3  33.6    0.98   007E Ext
S915-11-050 52.2  57.0  4.8    15.6 43.5    1.27   007E Ext
S922-11-043 171.0 176.9 5.9    19.2 9.2     0.27   007E Ext
S922-11-047 133.2 134.1 0.9    3.0  185.3   5.41   007E Ext
and         144.8 148.5 3.7    12.0 11.3    0.33   007E Ext
S922-10-070 172.7 176.6 3.9    12.8 32.5    0.95   007E Ext
CD-11-11    436.4 438.6 2.2    7.2  25.0    0.73   007 Far East
CD-11-12    476.4 478.6 2.2    7.1  4.8     0.14   007 Far East
CD-11-13    439.3 441.8 2.6    8.5  56.5    1.65   007 Far East
CD-11-14    444.6 447.0 2.4    8.0  16.1    0.47   007 Far East
                                                   007 Far East
S915-11-033 128.4 142.1 13.7   44.9 15.4    0.45   007 Far East
S915-11-057 151.5 155.2 3.7    12.2 9.2     0.27   007 Far East
S915-11-062 111.6 121.9 10.3   33.7 17.1    0.50   007 Far East

"These results continue to demonstrate the size and strength of the gold mineralization within the Shoreline Basalt. The discovery and development of this new mine trend is an exciting new era for San Gold. The success of our exploration efforts in these zones allows us to execute our plan to develop a new mine complex and continues to support the very aggressive drill program in place," said Mr. Pirie.
Over 350 meters of 007 Zone strike length has been developed so far at the 260 meter level in preparation for mining. Mine development also continues to the west towards the L10 deposit, the second major deposit to be developed along the Shoreline Basalt.

The 007 zone is located approximately 2 km to the north-east of San Gold's operating Rice Lake Mine and mill, is fully accessible by road and is accessible from the Hinge Mine decline. The 007 Zone was initially discovered by San Gold geologists in November 2009 and mine development towards the zone began early in 2010 originating from the Hinge Mine. San Gold is on track to complete over 300,000 meters of diamond drilling in 2011, making it one of Canada's most aggressive gold exploration companies.

A detailed longitudinal section displaying the results obtained to date is available at the company's website: www.sangold.ca.

The surface drill program was carried out under the supervision of W.S. Ferreira, P.Geo., the Qualified Person for this project under National Instrument 43-101. The drill core was split, with half sent to TSL Laboratories in Saskatoon, SK and fire assayed with an AA and gravimetric finish. Whole metallic assays were performed on samples containing visible gold. Check assays were also performed on pulps and rejects by both TSL and by Accurassay Laboratories of Thunder Bay, ON. The underground drill program was carried out by San Gold mine geologists under the supervision of D. Ginn, P.Geo., the Qualified Person for San Gold under National Instrument 43-101. Underground drill core samples are assayed on site in the company's assay lab using the fire assay method with an AA and gravimetric finish. San Gold's quality control and assurance program includes the insertion of standards, the retention of pulps and rejects, and spot checks utilizing independent labs including TSL Laboratories in Saskatoon, SK and Accurassay Laboratories of Thunder Bay, ON. The core lengths are actual lengths as drilled and have not been adjusted for the true width of the mineralized zones.

The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied in the forward-looking information.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
SOURCE San Gold Corporation

Tuesday, September 25, 2012

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

Thursday, April 7, 2011

San Gold Corp reports richer strikes a day after reporting production of gold is up in Q1