Saturday 22nd October 2016

Resource Clips

Rare Element reports Wyoming Gold Assays including 1.21 g/t over 176.8m

Resource Clips - essential news on junior gold mining and junior silver miningRare Element Resources Ltd TSX:RES announced assay results from its Sundance gold project in Wyoming. Highlights include

0.49 g/t gold over 18.3 metres
1.21 g/t over 176.8 metres
1.35 g/t over 12.2 metres
1.24 g/t over 12.2 metres
0.61 g/t over 9.1 metres
0.45 g/t over 12.2 metres
0.61 g/t over 9.1 metres
0.64 g/t over 6.1 metres
0.45 g/t over 15.2 metres

Exploration Manager John Ray commented, “[Hole] SUN-116 located at the Smith target area has the highest gold grades and thickest interval of plus 1 g/t gold ever reported for the entire district and is open in two directions. We are excited about the discovery of this new prospect and anticipate determining the size and orientation of its high-grade nucleus. Most of the holes in the East Taylor area have significant near-surface intercepts of +1 g/t gold. Our goal of the 2011 drilling, to find areas of higher-grade gold mineralization, was achieved. Over the next few years additional drilling will be needed to determine the extent of this mineralization.”

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Anne Hite
Director of Investor Relations

by Ted Niles

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