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http://www.youtube.com/watch?v=5Fx2NRP3teo&feature=youtube_g…
Bloomberg TV's Gigi Stone reports on a man who accidentally invests in a mountain worth $6 billion.
Bloomberg TV's Gigi Stone reports on a man who accidentally invests in a mountain worth $6 billion.
http://pittsburghlive.com/x/pittsburghtrib/news/s_765287.htm…
...
China's actions have set off an explosion in exploration for rare earths in other countries, but major production is expected soon only at mines in California and Australia. The problem is that those mines produce mostly "light rare earths," not the "heavy rare earths" that are the most sought, experts say.
...
...
China's actions have set off an explosion in exploration for rare earths in other countries, but major production is expected soon only at mines in California and Australia. The problem is that those mines produce mostly "light rare earths," not the "heavy rare earths" that are the most sought, experts say.
...
Standard & Poors Market Profile
October 27, 2011
Ucore Rare Metals Inc.
http://reports.standardandpoors.com/aidata/maccess/pdf/90348…
October 27, 2011
Ucore Rare Metals Inc.
http://reports.standardandpoors.com/aidata/maccess/pdf/90348…
Byron Capital Markets Ltd.
Equity Research | November 1, 2011
Ucore Rare Metals Inc.
(UCU – TSXV, $0.56)
Rating: SPECULATIVE BUY Target Price: $0.80↑
http://ucore.com/ByronCapital_Nov1_2011.pdf
Equity Research | November 1, 2011
Ucore Rare Metals Inc.
(UCU – TSXV, $0.56)
Rating: SPECULATIVE BUY Target Price: $0.80↑
http://ucore.com/ByronCapital_Nov1_2011.pdf
Trading Spotlight
Most non-Chinese rare earth projects doomed: consultant
LONDON | Tue Nov 1, 2011 10:25am EDT
http://www.reuters.com/article/2011/11/01/us-rare-earths-lif…
LONDON | Tue Nov 1, 2011 10:25am EDT
http://www.reuters.com/article/2011/11/01/us-rare-earths-lif…
Jeb Handwerger: Rare Earths, No Easy Substitutes
Source: Jeb Handwerger for The Critical Metals Report (11/1/11)
http://www.theaureport.com/pub/na/11469
Source: Jeb Handwerger for The Critical Metals Report (11/1/11)
http://www.theaureport.com/pub/na/11469
UCU
UURAF
UcoreXRT Testing Shows
Prospective Doubling of Mill FeedGrade
October 31, 2011 - Ucore Rare Metals Inc. (TSX-V:UCU/OTCQX:UURAF ; "Ucore" or the "Company") is pleased to report on innovative testing of ore sorting technology for rare earth pre-concentration. The advanced technology, known as X-Ray Transmission ("XRT"), has not been widely applied within the rare earth sector, and Ucore believes it is among the first to investigate this methodology although similar systems are used successfully in diamond and tungsten mining applications.
Ore-sorting test work on composite samples obtained from Ucore's Bokan Mountain property has been completed under the guidance of Hazen Research of Boulder CO. and Collison Minecon of Vancouver, BC. Commodas Ultrasort applied a variety of sorting metrics to specimens comprised of high grade, medium grade, low grade, and barren rock. As a result of the testing the various metrics, XRT scanning technology rendered the highest recovery of rare earths plus Yttrium with the greatest reduction in ore mass. A summary of the recoveries at various mass pulls is included in the following table:
The XRT process is an unconventional means of pre-concentration which can effectively upgrade the mill feed prior to more conventional physical upgrading and acid leaching. The equipment requires a relatively small footprint and will treat crushed ore prior to the process plant. As a result, the technology has the potential to remove large quantities of gangue material, substantially increasing the run of mine (ROM) ore grade before any conventional processing takes place.
"This is a remarkable development for Ucore, using a unique and innovative model for rare earth ore processing," said Jim McKenzie, President & CEO of Ucore. "The ability to capture 97% of the rare earth elements while eliminating 54% of the original ore mass prior to processing is a significant competitive advantage for us. The implication is a prospective doubling of the .75% TREO average ore grade of Bokan material straight out of the mine, to an effective grade approximating 1.5% TREO, and all at very little incremental expense. What's more, the doubling of the ROM grade takes place before any of the other standard rare earth upgrading techniques are utilized, and can save markedly on grinding, treatment and reagent consumption costs further downstream. This also has the potential to significantly reduce the capital cost of our processing facility. The net effect places Bokan among the highest point-of-origin heavy rare earth grades in the world. A special word of thanks to Collison Minecon for conceiving and initiating this pioneering use of a unique mining technology."
Ucore's XRT test work is proprietary in nature, and the Company has commenced preliminary work on a process patent application for the pre concentration of rare earth ROM material utilizing a XRT platform. A larger bulk sample is currently being prepared for the further testing of the XRT methodology on a pilot-plant scale. As a follow up to this, Ucore is additionally testing more conventional methods of rare earth physical pre-concentration on Bokan composite samples at Hazen Research in Golden Colorado (Hazen). Those conventional methods will include hydro metallurgy, flotation, gravity and magnetic separation, and the Company anticipates releasing pertinent results in the near term.
On October 3, 2011, Ucore reported successful testing of conventional acid leach methods applied to whole ore samples from Bokan. The results indicated recoveries ranging to 90% of the rare earth elements plus Yttrium. The net effect is that, beyond the initial pre-concentration methods reported in this press release, Bokan ore is also highly amenable to further process upgrading via leach recovery, as anticipated by prior testing at the USBM laboratories in Salt Lake City (US Bureau of Mines; Green & Harbuck; 1996).
Ken Collison of Collison Minecon is the Qualified Person with respect to this press release and has approved the disclosure of the technical information contained herein.
Prospective Doubling of Mill FeedGrade
October 31, 2011 - Ucore Rare Metals Inc. (TSX-V:UCU/OTCQX:UURAF ; "Ucore" or the "Company") is pleased to report on innovative testing of ore sorting technology for rare earth pre-concentration. The advanced technology, known as X-Ray Transmission ("XRT"), has not been widely applied within the rare earth sector, and Ucore believes it is among the first to investigate this methodology although similar systems are used successfully in diamond and tungsten mining applications.
Ore-sorting test work on composite samples obtained from Ucore's Bokan Mountain property has been completed under the guidance of Hazen Research of Boulder CO. and Collison Minecon of Vancouver, BC. Commodas Ultrasort applied a variety of sorting metrics to specimens comprised of high grade, medium grade, low grade, and barren rock. As a result of the testing the various metrics, XRT scanning technology rendered the highest recovery of rare earths plus Yttrium with the greatest reduction in ore mass. A summary of the recoveries at various mass pulls is included in the following table:
The XRT process is an unconventional means of pre-concentration which can effectively upgrade the mill feed prior to more conventional physical upgrading and acid leaching. The equipment requires a relatively small footprint and will treat crushed ore prior to the process plant. As a result, the technology has the potential to remove large quantities of gangue material, substantially increasing the run of mine (ROM) ore grade before any conventional processing takes place.
"This is a remarkable development for Ucore, using a unique and innovative model for rare earth ore processing," said Jim McKenzie, President & CEO of Ucore. "The ability to capture 97% of the rare earth elements while eliminating 54% of the original ore mass prior to processing is a significant competitive advantage for us. The implication is a prospective doubling of the .75% TREO average ore grade of Bokan material straight out of the mine, to an effective grade approximating 1.5% TREO, and all at very little incremental expense. What's more, the doubling of the ROM grade takes place before any of the other standard rare earth upgrading techniques are utilized, and can save markedly on grinding, treatment and reagent consumption costs further downstream. This also has the potential to significantly reduce the capital cost of our processing facility. The net effect places Bokan among the highest point-of-origin heavy rare earth grades in the world. A special word of thanks to Collison Minecon for conceiving and initiating this pioneering use of a unique mining technology."
Ucore's XRT test work is proprietary in nature, and the Company has commenced preliminary work on a process patent application for the pre concentration of rare earth ROM material utilizing a XRT platform. A larger bulk sample is currently being prepared for the further testing of the XRT methodology on a pilot-plant scale. As a follow up to this, Ucore is additionally testing more conventional methods of rare earth physical pre-concentration on Bokan composite samples at Hazen Research in Golden Colorado (Hazen). Those conventional methods will include hydro metallurgy, flotation, gravity and magnetic separation, and the Company anticipates releasing pertinent results in the near term.
On October 3, 2011, Ucore reported successful testing of conventional acid leach methods applied to whole ore samples from Bokan. The results indicated recoveries ranging to 90% of the rare earth elements plus Yttrium. The net effect is that, beyond the initial pre-concentration methods reported in this press release, Bokan ore is also highly amenable to further process upgrading via leach recovery, as anticipated by prior testing at the USBM laboratories in Salt Lake City (US Bureau of Mines; Green & Harbuck; 1996).
Ken Collison of Collison Minecon is the Qualified Person with respect to this press release and has approved the disclosure of the technical information contained herein.
http://thechronicleherald.ca/business/27556-halifax-group-ta…
Halifax group targets Alaska’s billion-dollar mountain
...
Dartmouth native Jim McKenzie, president and CEO of Ucore Rare Metals Inc., answered the telephone Friday just as his hotel room alarm clock was going off and the sun was beginning to peek over the mountains overlooking Fairbanks, Alaska.
With hardly enough time to clear his throat, he embarked enthusiastically into an overview of the latest positive metallurgical studies of rare earth samples from the Nova Scotia company’s flagship Bokan Mountain property in southeast Alaska.
“Bokan Mountain is called the billion-dollar mountain in Alaska for many reasons and we hold the rights,” he said of an undertaking that has captured the imagination of Alaskan state officials, and some rare metals analysts in the United States.
“We’re a Nova Scotia business that hardly anybody knows about in our province, and we’re preparing to bring this international-scale project into development,” he said.
McKenzie was in Fairbanks to talk to state officials about advancing development of a $150-million mine at Bokan Mountain.
....
Halifax group targets Alaska’s billion-dollar mountain
...
Dartmouth native Jim McKenzie, president and CEO of Ucore Rare Metals Inc., answered the telephone Friday just as his hotel room alarm clock was going off and the sun was beginning to peek over the mountains overlooking Fairbanks, Alaska.
With hardly enough time to clear his throat, he embarked enthusiastically into an overview of the latest positive metallurgical studies of rare earth samples from the Nova Scotia company’s flagship Bokan Mountain property in southeast Alaska.
“Bokan Mountain is called the billion-dollar mountain in Alaska for many reasons and we hold the rights,” he said of an undertaking that has captured the imagination of Alaskan state officials, and some rare metals analysts in the United States.
“We’re a Nova Scotia business that hardly anybody knows about in our province, and we’re preparing to bring this international-scale project into development,” he said.
McKenzie was in Fairbanks to talk to state officials about advancing development of a $150-million mine at Bokan Mountain.
....
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