Ucore Appoints Mine Permitting Manager for Bokan Project

Ucore-BadgeMarch 19, 2012 (Source: Marketwire) – Ucore Rare Metals Inc (TSX VENTURE:UCU)(OTCQX:UURAF) ("Ucore" or "the Company") is pleased to announce the appointment of Randy MacGillivray as Senior Mine Permitting Manager for the Bokan Heavy Rare Earth project on Prince of Wales Island in Alaska, USA.

Randy MacGillivray is an Environmental Geoscientist with over 20 years of environmental and geological management experience based in Alaska, Colorado, Idaho, Nevada, Canada, New Zealand, Chile, Guyana and Bolivia. Randy has mine project management experience involving the full-spectrum of permitting, compliance, reclamation, remediation, and water quality planning involving both active chemical and passive biological treatment systems.

Randy has experience in establishing and auditing environmental management systems, including community and First Nations consultation and engagement strategies. He has served as the Environmental Manager for Coeur Alaska at the Kensington Gold Project during the final round of permitting which obtained the successful Record of Decision and Corp of Engineers 404 operating permits. Randy graduated with a Bachelor of Science in Geology from the University of British Columbia and is a licensed Professional Geoscientist in British Columbia.

"We're excited to have attracted a senior representative with the depth of experience in permitting such a major Alaskan operation as Kensington," said Jim McKenzie, President & CEO of Ucore. "Few people would have the broad skill set and Alaska-specific knowledge that Randy brings to Ucore. He'll be working in close cooperation with the State of Alaska, the US Forest Service, and associated regulators to bring Bokan into production without delay. Randy represents the first of a comprehensive team of mine development specialists being assembled by Ucore COO Ken Collison, and we welcome him to the Ucore team."

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Ucore Rare Metals Inc. is a well-funded junior exploration company focused on establishing REE, uranium and other rare metal resources through exploration and property acquisition. 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 expediting mine production and limiting the capital costs associated with mine construction.

The Bokan properties are located in an area reserved for sustainable resource development with an existing road network providing access to the main target areas. REE mineralization at the Bokan-Dotson ridge project occurs in a well-demarcated vein system related to a Mesozoic Bokan peralkaline granitic complex. However, a number of other occurrences of REE mineralization are also located within, or at the margins of the complex. Viewed in a geological and geophysical context, the Bokan complex is a distinctive circular structure and is highly prospective for rare earths deposits.

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 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, continued availability of financing, and general economic, market or business conditions.

  1. This is a good move, and promising from the aspect of initiating the first requirements for mining operations. Permitting, even in friendly jurisdictions, can be a daunting and frustrating process. But it is necessary, and it is best to have a well experienced professional who knows the industry startup to closeout.
    This should also serve notice to people/politicians who are sitting on their hands, that Ucore could become an exporter of the much coveted HREEs, rather than a key critical national resource for the US, in the US.

  2. THIS INTERVIEW IS A MUST WATCH. http://www.youtube.com/watch?v=sLrecHFfyQM&feature=youtu.be
    This interview answered exactly the questions I emailed last week. Not only is the XRT process well described, but the ore veins are not only distinct from the waste/gang, but can be cleanly blasted as there is a break line between the ore and the gang that makes it very easy to separate physically right at the blast point. Hence, the grade is maximized before the XRT, which further removes 40% waste. This results in a high grade basket of HREES worth $155 per ton, one of the highest in the world. The basket price I got from the TMR site, I think.
    Collison is all about GRADE, GRADE, AND GRADE, and it is apparent he wants to make this “his” mine. Oh yeah, this is really a mining dream, and these guys will make it POP.
    If the PEA is anything like this interview, it will be mindblower.
    Now, just start making noises like they’re going to start mining and sell it to the highest bidder, and watch the fur fly. This is just about a perfect scenario for making big busks. I shot my shot last week, so I’ll sit back, have a smoke, and try to come up with some more dry powder for this turkey shoot.
    Pardon if the link doesn’t work, but it’s Ken Collison, mining engineer for Ucore on youtube and probably on Ucore’s website.

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