Inferred Mineral Resource: 3.7 Million Tonnes Averaging 0.75% TREO with 39% HREO
HALIFAX, NOVA SCOTIA -- (Marketwire) -- 03/07/11 -- Ucore Rare Metals Inc. (TSX VENTURE: UCU)(OTCQX: UURAF) ('Ucore' or the 'Company') is pleased to announce the first NI 43-101 compliant independent resource estimate for the Company's 100% owned Bokan Mountain rare earth element (REE) project in southeastern Alaska. The resource estimate was prepared by Aurora Geosciences Ltd. ('Aurora') of Yellowknife, NWT who recommend that the deposit merits additional drilling, metallurgical research and economic investigation.
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