Bull Hill Northwest Resource AreaNine core holes totaling 5,694 feet (1,736m) were drilled in the Bull Hill NW resource area in 2010 (Figure 2). Significant intercepts are listed in Table 1. REE mineralization in the Bull Hill NW resource area is contained within intrusive dikes, veins, and stockwork of FMR, transitional carbonatite/silicocarbonatite, and carbonatite/silicocarbonatite that invade trachytic and phonolitic intrusive rocks of the Bear Lodge alkaline complex. Silicocarbonatite is a carbonatite-related rock that carries abundant silicate mineral phases dispersed in the carbonate matrix. The silicate phases in the Bull Hill NW silicocarbonatite are primarily biotite and K feldspar. The structural controls for the mineralized bodies remain incompletely understood in this target area, but it appears most likely that northerly-striking mineralized bodies predominate. The north-striking mineralized bodies at Bull Hill NW appear generally to be narrower and lower-grade than those in the Bull Hill SW resource area, although exploration at Bull Hill NW has yet to be completed. Strongly anomalous gold mineralization in drill hole RES10-60 is distributed in trachyte porphyry and crosscutting biotite silicocarbonatite dikes, with the highest-grade intercept (12 ft @ 11.85gpt Au) contained within a biotite silicocarbonate dike. This occurrence of overlapping gold and REE mineralization, and another at the Whitetail Ridge target area, will be investigated during the Company's 2011 exploration program.
Rare Element Summarizes Results From Its 2010 REE Exploration Program And Outlines Its 2011 REE Exploration Program
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