Ucore Initiates Bulk Sample in Preparation for Production Scale Testing
(PressMethod) - Ucore Rare Metals Inc. (UCU.V)(UURAF), ("Ucore" or the "Company") is pleased to announce that custom processing has been initiated on a 20 ton bulk sample extracted from three sites along its Bokan Mountain rare earth deposit in Southeast Alaska. Excavating the metallurgical sample was approved by a Decision Memorandum on July 1st, 2011 from the US Forest Service.
This past week, a local Ketchikan contractor was retained to crush and segregate the material into 4 specified size fractions. The individual samples will now be transported to Germany to be processed through a production scale X-ray sorter to prepare an upgraded ore sample for future metallurgical testing.
"Ucore is now progressing to further metallurgical testing and a pilot plant for the metal recovery section of the circuit to give us the information required for a Feasibility Study," said Ken Collison, COO of Ucore. "Our previous work on X-ray ore sorting has shown significant Capex and operating cost advantages, and we're anxious to optimize those advantages. Previous production scale sorter tests showed that 50% of the material mined will be rejected as waste, while recovering approximately 97% of the rare earth metal content. This is a significant advantage, since a 1,500 tonne per day mine will theoretically require only a 750 tonne per day mill. Our plan is to conduct the majority of pilot scale test work in 2012."
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