Ucore Separates HREE and LREE Classes at 99%+ Purity via SuperLig(R)-One Pilot Plant

HALIFAX, NOVA SCOTIA--(Marketwired - June 7, 2016) - Ucore Rare Metals, Inc. (TSX VENTURE:UCU)(OTCQX:UURAF) ("Ucore" or the "Company") is pleased to update on the continuing performance of the SuperLig^®-One rare earth element ("REE") separation pilot plant (the "Plant" or "SuperLig^®-One".)

Pregnant leach solution ("PLS") derived from the Company's Bokan-Dotson Ridge project in Alaska has been treated by the SuperLig^®-One Molecular Recognition Technology ("MRT") Plant, at the IBC Advanced Technologies, Inc. ("IBC") Utah facility. The PLS was initially separated from impurity metals ("Gangue Metals") (see Ucore Press Release ("PR"), dated May 9, 2016) followed by the removal of scandium (see Ucore PR dated May 24, 2016.)

In the latest separation circuit, the PLS has now been separated into two classes of REE: heavy REE, comprised of samarium to lutetium ("HREE") and light REE, comprised of lanthanum to neodymium plus yttrium ("LREE"). The class separations have been achieved at 99%+ purity and 99%+ recovery.

The foregoing represents the final stage of processing prior to the separation of individual Critical HREE ("Heavy CREOs") from the remaining PLS. The Heavy CREOs, which include dysprosium, terbium and europium, are classified by the US Department of Energy as being critically important to the near term viability of domestic clean energy applications and industries.

"The SuperLig^®-One pilot facility has again delivered results that represent near quantitative levels of recovery and purity," said Jim McKenzie, President and CEO of Ucore. "This ability differentiates MRT from less selective technologies such as solvent extraction, ion exchange, and precipitation ("Legacy Separation Technologies"), which consume significant quantities of solvents and hazardous chemicals. These legacy methodologies are also characterized by substantial waste generation, much of it in the form of unrecoverable REE. SuperLig^®-One, by contrast, is the first commercial scale green chemistry platform that we are aware of capable of separating and recovering HREE and LREE classes at both a 99%+ level of purity and a 99%+ level of recovery."