The Gold Report

Ucore Rare Metals Inc. TICKER: UCU:TSX.V; UURAF:OTCQX Visit Company Website Ucore Rare Metals is an exploration company with significant holdings across North America. The company's Alaska-based flagship property, Bokan Mountain, is a past-producing high-grade uranium mine with an estimated untapped resource of +11 Mlbs. U3O8. The USGS estimates Bokan's rare earth elements (REE) resource is the largest combined heavy and light REE deposit in the U.S. (non-43-101 compliant). Bokan has near-term production potential and is located in an area designated for natural resource development, with no residential or indigenous populations in proximity.

The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

Expert Analysis

The Critical Metals Report Interview with Jeb Handwerger (2/14/12) "Here's an interesting example of a company that has HREEs in its deposit right here in the U.S.: Ucore Rare Metals Inc. released an announcement that Alaska Governor Sean Parnell has allocated $8.1M in the proposed state budget for 2013 to expedite Ucore's development as a viable corporate entity. In other words, the state government of Alaska is sponsoring explicit support for Ucore's flagship Bokan Mountain project, which contains strategically important HREE metals of dysprosium and terbium. These metals have been highlighted by the U.S. Department of Energy as being at risk of a supply shortfall in the near term. With Ucore, Alaska has not only taken an active role in the development of a rare earth company but in reviving the whole rare earth and critical mineral industry from mining to magnets."

The Critical Metals Report Interview with Byron King (1/31/12) "Ucore Rare Metals Inc. has its principal ore site in Bokan Mountain, Alaska, near the southern end of the Alaska Panhandle. I love the geology and mineralogy at Bokan Mountain. It's extremely mineable. . .I think that this is a very extensive deposit. Lots of nice, clean vein structures. It's very mineable. I'm not worried that the Bokan Mountain play is a flash in the pan. It's quality ore—a 50:50 ratio of heavy rare earths to light rare earths. . .the Bokan Mountain district is more likely to get developed for a multitude of reasons. It has a mining legacy and a mining history in terms permitting. It is literally on top of a former mine site. There's an old uranium mine almost right next door to it. There is immensely good local and state support. There is no human habitation nearby. The footprint is also extremely small." More >

Kip Keen, Mineweb (1/17/12) "The share price of rare earths explorer Ucore Rare Metals Inc. surged after it announced assay results of gravel and sand samples from its Ray Mountain project in Alaska; the company climbed 11% to CA$0.44 on strong volumes early in the trading day on Monday. . .concentrates graded as high as 50% tin, 10% total rare earths and 0.01% to 1% tungsten, tantalum and niobium. Heavy rare earths made up between 15% and 25% of REEs in the bulk of its samples."

Byron King, Agora Financial (1/13/12) "Ucore Rare Metals Inc. recently announced the appointment of Ken Collison as chief operating officer. . .he knows what has to happen to turn Bokan Mountain, Alaska, into a working mining operation. . .I should mention that the company has another team of world-class chemistry guys working on the rare earth separation issues. . .I've met them and discussed the space-age technology that they're bringing to bear, but I agreed not to give away any identifying information. . .all I can say is that they're unbelievably good. Thus, I expect to see further good news from Ucore as the year moves on; it is a Buy at the current pricing."

Jeb Handwerger for Resource Investor (1/9/12) "Ucore Rare Metals inc. [is] leading the pack. . .the company owns a mountain of high-grade heavy rare earths right here in the United States. . .Ucore [has] broken downtrends on record high volume the first week of 2012."

• Click here to visit Ucore's Youtube Channel

(1/13/12) Interview with UCU CEO Jim McKenzie

(10/28/11) UCU's $6B Mountain

(9/13/11) Alaska Rare Earth Conference 2011 (6 of 7)

(9/13/11) Alaska Rare Earth Conference 2011 (7of 7)

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