Business
USFS Issues Authorization for Ucore's Bokan-Dotson Ridge Sampling Program
Ucore conducted Bokan field mapping work in September 2021 Ucore to conduct the Bokan cha...
About this update from Ucore Rare Metals Inc.
[{"type":"text","content":"USFS Issues Authorization for Ucore's Bokan-Dotson Ridge Sampling ProgramUcore conducted Bokan field mapping work in September 2021Ucore to conduct the Bokan channel and bulk sampling program during the Summer 2022 field seasonAll required state and federal permits are now in hand for the Summer 2022 field seasonHalifax, Nova Scotia--(Newsfile Corp. - November 17, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (\"Ucore\" or the \"Company\") is pleased to announce that on November 10, 2021, the United States Department of Agriculture's Forest Service (the \"USFS\") issued a 1-year authorization for Ucore to commence with the Dotson Ridge 2021 Surface Exploration Project Plan of Operations (the \"Project\"). The Company has elected to conduct the sampling work during next summer's field season and now has all required state and federal Project permits for this work.On May 12, 2021, Ucore announced the Project to upgrade its Bokan-Dotson Ridge heavy rare earth element (\"HREE\") mineral resource, disclosed in accordance with National Instrument 43-101 (\"NI 43-101\"), with a budget of approximately $400,000. The Project is expected to result in converting approximately 17-20% of the mineral resource to a new Measured mineral resource category; with over 90% of the new Measured material being drawn from currently Indicated mineral resource material and 10% from currently Inferred mineral resource material. This will be accomplished through the execution of approximately 50 additional channel samplings along the ≈2 km of exposed vein outcroppings of the Dotson Ridge Zone. Secondly, the Company will conduct bulk sampling activities to obtain ≈50 tonnes of additional mineralized material to facilitate prospective pilot-scale testing of its metallurgical recovery methods currently under laboratory-scale finalization at SGS Canada's Lakefield facility.In September 2021, Ucore's COO, Mike Schrider, and Aurora Geosciences' General Manager, Alaska, Jim Robinson, P.Geo., conducted field mapping work to physically identify the two bulk sample areas and to coordinate next summer's field activities. Both of these activities are to ready the Company to conduct a Pre-Feasibility Study (\"PFS\") and/or a Feasibility Study (\"FS\") in the near future as the REO market continues to indicate a steady increase in res...