Rare Element (REE) Updates on FY11 Core Drilling Program at Bear Lodge
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Rare Element Resources Ltd. (AMEX: REE) is pleased to announce rare earth element (REE) and gold assay results from 29 additional drill holes that were completed during the 2011 core drilling program at the Company's 100% owned Bear Lodge property, located in northeastern Wyoming, USA. These results include 15 drill holes from the Bull Hill resource area, six drill holes from the Whitetail Ridge area, four drill holes from the East Taylor target area, and four drill holes from the Carbon target area. Three drill holes from the 2011 program remain to be assayed.
The RE mineralization intersected in the 29 drill holes is contained primarily within the near-surface oxidized (FMR) in fully oxidized but incompletely leached equivalents of carbonatite dikes (oxide carbonate/OxCa). These dikes are widespread in the district and concentrated in dike swarms and stockwork zones on the Bull Hill, Bull Hill West, Whitetail Ridge, East Taylor and Carbon resource and target areas (Figure 1). Overlapping gold mineralization in the Whitetail Ridge, East Taylor and Carbon areas is contained in the FMR and OxCa dikes and stockwork, and in the alkali silicate host rocks. FMR refers to the major constituents of the highly oxidized, former carbonatite dikes that occur in a depth range from surface to 300-500ft/91-152m beneath the surface-F(FeOx)-M(MnOx)-R(REE minerals) (FMR).
Bull Hill Resource Area (now includes Bull Hill West).
The RE mineralization intersected in the 29 drill holes is contained primarily within the near-surface oxidized (FMR) in fully oxidized but incompletely leached equivalents of carbonatite dikes (oxide carbonate/OxCa). These dikes are widespread in the district and concentrated in dike swarms and stockwork zones on the Bull Hill, Bull Hill West, Whitetail Ridge, East Taylor and Carbon resource and target areas (Figure 1). Overlapping gold mineralization in the Whitetail Ridge, East Taylor and Carbon areas is contained in the FMR and OxCa dikes and stockwork, and in the alkali silicate host rocks. FMR refers to the major constituents of the highly oxidized, former carbonatite dikes that occur in a depth range from surface to 300-500ft/91-152m beneath the surface-F(FeOx)-M(MnOx)-R(REE minerals) (FMR).
Bull Hill Resource Area (now includes Bull Hill West).
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