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ucore rare metals inc (UCU) Snapshot

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ucore rare metals inc (UCU) Details

Ucore Rare Metals Inc. engages in the acquisition, exploration, and development of mineral properties for rare earth element (REE) deposits in the United States and Canada. It principally holds interest in the Bokan Mountain/Dotson Ridge REE property located on Prince of Wales Island in southeast Alaska. The company also holds interests in the Lost Pond property, which is located in Newfoundland and Labrador near Stephenville; the Ray Mountains Project located in Alaska; and the Sandybeach Lake Project, which is located in Nunavut, Canada. It was formerly known as Ucore Uranium Inc. and changed its name to Ucore Rare Metals Inc. in June 2010. Ucore Rare Metals Inc. is headquartered in Halifax, Canada.

Founded in 2006

ucore rare metals inc (UCU) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$300.0K
Chief Financial Officer, Vice-President and C...
Total Annual Compensation: C$180.0K
Chief Operating Officer and Consultant
Total Annual Compensation: C$215.1K
Compensation as of Fiscal Year 2013.

ucore rare metals inc (UCU) Key Developments

Ucore Rare Metals Inc. Announces Drilling Update on Bokan-Dotson Ridge Heavy Rare Earth Element Project

Ucore Rare Metals Inc. announced assay results from the company's 2014 drill program at the Bokan-Dotson Ridge heavy rare earth element (REE) project in Southeast Alaska. The 2014 infill drill program had a total of 17 diamond drill holes which produced 3,960 metres of core. Of the total holes completed, five holes were designed to test for mineralization at greater depth. The remaining 12 holes were designed for infill work to upgrade the existing Bokan resource. All five of the deeper holes intercepted mineralization at significant depth and are characterized by grade and rare earth content consistent with the existing Bokan resource. The existing Bokan resource currently extends to an average depth of 220 metres. The five deeper holes from the 2014 program intersect the mineralized zone an average of 100 metres below all previous drill intersections.

Ucore Rare Metals Inc. Presents at Vancouver Resource Investment Conference, Jan-18-2015 02:50 PM

Ucore Rare Metals Inc. Presents at Vancouver Resource Investment Conference, Jan-18-2015 02:50 PM. Venue: Vancouver Convention Center, 1055 Canada place, Vancouver, British Columbia, Canada.

Ucore Rare Metals Inc. Announces Results of the Company's Testing of Molecular Recognition Technology to Generate 99%+ Pure Heavy Rare Earth Concentrate

Ucore Rare Metals Inc. announced the results of the Company's recent testing of Molecular Recognition Technology (MRT). Ucore has successfully utilized MRT to produce a near quantitative separation of a heavy rare earth concentrate (HREE Concentrate) consisting of 99+% of rare earth elements from a pregnant leach solution (PLS). The PLS was created by the extraction of metal values from beneficiated material sourced from the company's Bokan Dotson-Ridge property in Southeast Alaska (Bokan). The production of a high purity HREE Concentrate is the key and critical first step in the production, by separation, of individual high purity heavy rare earth salts. The resultant salts can be utilized to readily generate output products tailored to customer specifications. Those products include oxides, carbonates, nitrates and other salts of each of the individual rare earth elements (REE's). A highly purified HREE Concentrate can be considered an end product to be sold to independent rare earth separation facilities, or can be used as input material for an in-house individual rare earth salt separation facility. The tests on the PLS using MRT were conducted by IBC Advanced Technologies Inc. headquartered near Salt Lake City, Utah (IBC). The MRT process yielded a >99% pure HREE Concentrate, separated as a group, using proprietary MRT SuperLig(R) resins in fixed bed format. Greater than 99% of the contained HREE's were recovered from the Bokan PLS.


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