The Bear Lodge Project area is a significant mineralized district that contains one of the largest disseminated rare earth deposits in North America. This deposit contains many of the less common, more valuable critical rare earths that are essential for electronics, fiber optics, laser systems for health and defense, and many evolving green technologies, such as hybrid cars, solar panels and wind turbines. Rare Element Resources owns 100% of the project and is advancing it towards development.
Summary of Measured and Indicated Resource (Total Rare Earth Oxide) @ 1.5 Cutoff Grade
| ||Tons |
|Grade TREO |
|Contained TREO lbs. |
|Contained TREO Kg |
|Measured || 2.84 ||3.88 ||220 ||100 |
|Indicated ||14.47 ||2.97 ||858 ||390 |
| Total ||17.31 ||3.11 ||1,078 ||490 |
Please see most recent NI 43-101 Technical Report for additional detail and refer to the Cautionary Note to U.S. investors contained on the Company's Disclaimers.