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Resource Clips

Posts tagged ‘Rare Element Resources (RES)’

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

February 29th, 2012

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

Rare Element reports Wyoming Gold Assays up to 0.67 g/t over 137.2m

January 6th, 2011

Rare Element Resources Ltd RES:CA announced results from the Taylor target of its Sundance Gold Project in Wyoming. Assays include 0.56 g/t gold over 71.6 metres, 0.74 g/t over 6.1 metres, 0.67 g/t over 137.2 metres, 0.59 g/t over 192.1 metres and 0.42 g/t over 64 metres.

Exploration Manager John Ray said, “Higher grade gold zones seen in drill holes SUN-089 and SUN-090 attest that higher-grade gold zones are present in the Taylor system, and the interpreted continuity of these zones will be used as vectors to further define their extent. An untested CSAMT resistivity anomaly west of the known gold mineralization at Taylor could represent the roots of a second satellite shoot of gold mineralization. Another key result from this year’s program is the interpretation of the ‘hovering’ aspect of plume-like portions of both the Taylor and Carbon gold systems, where deeper intersections in drill holes can be in barren rock underlying anomalous gold at shallower depths within the plume.”

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Donald E. Ranta

by Ted Niles