Ucore Separates HREE and LREE Classes at 99%+ Purity via SuperLig(R)-One Pilot Plant - Seite 3

Advanced Development

The next stages of the SuperLig^®-One Plant operation will demonstrate the separation of the individual Heavy CREOs, as well as two HREE sub-groups, as follows:

• Separation and recovery of dysprosium at 99.99% purity.
• Individual separation and recovery of terbium and europium, each at 99%+ purity.
• Separation and recovery of an HREE sub-group containing holmium, erbium, thulium, ytterbium, and lutetium at the 99%+ purity level. This sub-group will be retained for further separations.
• Separation and recovery of an HREE sub-group containing samarium and gadolinium at the 99%+ purity level. This sub-group will be retained for further separations.

The recently separated 99%+ pure LREE class will be retained for future separations, as required.

Following confirmatory testing of each unit operation, the Plant will undergo a continuous run of PLS.

For further information on the SuperLig^®-One Pilot Plant Mission Summary, please see the following link: http://ucore.com/superlig-one

For background on traditional approaches to separation of REE and the historical advance offered by MRT, please refer to the recently published White Paper on Separation of Rare Earth Elements, entitled "Molecular Recognition Technology: A Green Chemistry Process for Separation of Individual Rare Earth Metals", at the following link: http://ucore.com/academic-papers

Steven R. Izatt, President and CEO of IBC, has approved the scientific and technical content of this news release and is the Qualified Person responsible for its accuracy. Mr. Izatt, Registered Member of the Society for Mining, Metallurgy, and Exploration ("SME"), holds a B.A. degree in Chemistry from Brigham Young University ("BYU"), as well as an M.S. degree in Chemical Engineering Practice and an M.S. degree in Technology and Policy, both from the Massachusetts Institute of Technology ("MIT".)

Background

Ucore Rare Metals is a development-phase company focused on rare metals resources, extraction and beneficiation technologies with near term potential for production, growth and scalability. On March 3, 2015, Ucore announced the right to acquire a controlling ownership interest in the exclusive rights to IBC SuperLig^® technology for rare earths and multi-metallic tailings processing applications in North America and associated world markets. The Company has a 100% ownership stake in the Bokan project. On March 31, 2014, Ucore announced the unanimous support of the Alaska State Legislature for the investment of up to USD $145 Million in the Bokan project at the discretion of the Alaska Import Development and Export Agency ("AIDEA").