Ucore Rare Metals Press Release on MIRL Research

Ucore Rare Metals, a publicly traded company, issued a press release on continuing research being undertaken at the University of Alaska Fairbanks (UAF) on mineralized material from the Bokan-Dotson Ridge ("Bokan") project in Southeast Alaska.

Ucore states that "Dr. Ganguli's team is seeking to optimize the recovery of rare earth minerals from the feedstock, including target metals such as dysprosium, terbium and yttrium. The focus of the research is the upgrading of Bokan material including leaching by adjusting a number of factors including acid type, acid concentration, and leach temperature. Ucore will be considering the final results of this research and undertaking cost – benefit analysis of the various procedures, as it fine tunes its mineral processing flowsheet, prior to undertaking pilot plant testing of the process."

Please see Ucore Updates on Research by University of Alaska Fairbanks for the full text of the press release.