Ucore Comments on American Mineral Security Act of 2015 - Seite 2

Ed Fogels, Deputy Commissioner of the Alaska Department of Natural Resources, recently testified before the Committee on behalf of the State of Alaska, strongly supporting the objectives of the Act. Mr. Fogels made note of Alaska's mineral potential, highlighting Ucore's Bokan-Dotson Ridge project as one of which the Committee should be aware. Mr. Fogels additionally made note of the State of Alaska's efforts to promote the development of strategic minerals in Alaska including, among other items, supporting the development of strategic mineral resources through infrastructure partnerships and incentives; as well as improving the structure and efficiency of the permitting process.

Background

Ucore Rare Metals Inc. is a development-phase mining company focused on establishing rare metal resources and beneficiation technologies with near term potential for production, growth and scalability. With multiple projects across North America, Ucore's primary focus is the 100% owned Bokan-Dotson Ridge REE property in Alaska. The Bokan-Dotson Ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in developing near term production facilities and limiting the capital costs associated with mine construction.

Cautionary Notes

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities, research and development timelines, and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes or setbacks, research and develop successes or setbacks, continued availability of financing, and general economic, market or business conditions.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined by the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Ucore Rare Metals Inc.
Mr. Jim McKenzie
President and Chief Executive Officer
[phone]
www.ucore.com