Bokan drilling cuts deeper REEs

 

Last updated 2/1/2015 at Noon



Ucore Rare Metals Inc. Jan. 28 reported that all five holes drilled beneath the existing resource at the Bokan-Dotson Ridge heavy rare earth element project in Southeast Alaska intercepted mineralization with grade and rare earth content consistent with what has already been delineated.

The existing Bokan resource currently extends to an average depth of 220 meters and the five deeper holes drilled in 2014 cut the mineralized zone an average of 100 meters below all previous drill intersections.

This confirmation that the REE mineralization continues to depth could result in significant resource expansion at Bokan.

A total of 17 diamond holes (3,960 meters) were drilled at Bokan in 2014.

In addition to the five deep holes, 12 infill holes were designed to upgrade the existing Bokan resource.

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Shane Lasley, Publisher

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Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.

 

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