Gold report mentions UCU

Welcome To Ucore Rare Metals HUB On AGORACOM

Our specific objective is the discovery and exploration of properties with the potential to yield economic, world class deposits of technology and specialty metals, including rare earth elements, uranium, and associated collateral byproducts.

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Moneytospend

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Gold report mentions UCU

posted on Aug 16, 2010 11:15PM

Excerpted from the Gold Report:

TGR: What are some of the deposits with the high ratio of heavies to lights that you're interested in?

TM: I've been working for Ucore Rare Metals Inc. (TSX.V:UCU) on Bokan Mountain in Alaska. It's on the southern tip of Prince of Wales Island. The accessibility there is the best of almost any deposit. It's principally heavy rare earth enriched with yttrium and dysprosium, gadolinium, erbium and ytterbium. The heavy lanthanides dominate the mineralogy. At this time they are working to establish whether they have sufficient grade and tonnage, and whether it's amenable to economic recovery.

They're in the exploration process right now. As a matter of fact, I'm scheduled to go there August 8–13, with Ucore people and a number of others from the United States Geological Survey. The U.S. government is quite interested in these minerals because they are of military importance.