By Shane Lasley
Mining News 

Well-timed funding

Federal spending bill aligns with Ucore strategy, flows funds to Alaska


Last updated 1/15/2018 at 6:27pm

Ucore Rare Metals Inc.

Ucore Rare Metals' Bokan Mountain property in Southeast Alaska is hosts Ross-Adams, a cold war era uranium mine, and Dotson Ridge, a rare earth elements deposit the company plans to develop into a modern mine.

Buried deep in a US$1.1 trillion spending bill that funds the United States government through the end of September is around US$20 million that could bolster Ucore Rare Metals' strategy to recover rare earth elements from non-traditional sources in the United States and clean up waste from historic uranium mining on the company's Bokan Mountain property in Alaska.

"The U.S. government's dedica...

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