NI43-101Pre-Feasibility Study Report - page 150

Rare Element Resources
Bear Lodge Project
Canadian NI 43-101 Technical Report
October 9
th
, 2014
10135-200-46 – Rev. 0
10-2
The programs were expanded substantially from 2009 through 2013, following
release of the first resource estimate in April 2009 (Noble et al, 2009). The drill
programs were designed to expand and upgrade the REE resource, to test targets
outside of the Bull Hill SW resource area, and provide material for metallurgical
testing. Between 2004 and the end of October 2013, a total of 199,357.5 feet (60,780
m) was completed in 261 core holes that range in depth from 88 to 1,886 feet (27 to
575 m) in the exploration and development drilling programs. These holes include 21
PQ-diameter drill holes completed between August and October 2013 in order to
upgrade the resource category of a high-grade portion of the Bull Hill deposit and
provide more detailed data on grade distribution. During the 2010 through 2012
drilling seasons, an additional 16,545 feet (5,044m) were drilled in 92 large diameter
core holes (PQ- and HQ-size) for the bulk sample program (Table 10.2). Dr. James
Clark, Rare Element’s Vice President of Exploration, supervised the drilling on site
during 2004, 2005, 2007, and part of 2008. Two geologists experienced in industry-
standard drilling practices supervised drilling during the remainder of 2008 and 2009,
under the direction of Dr. Clark. Dr. Ellen Leavitt, CPG, consulting geologist,
supervised the drilling on site in 2010 and 2011, and John Ray, Rare Element’s Chief
Geologist supervised the 2012 and 2013 drilling programs.
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