Rare Element Resources
Bear Lodge Project
Canadian NI 43-101 Technical Report
October 9
th
, 2014
10135-200-46 - Rev. 0
ii
4.5
Listing of Claims ................................................................................................................. 4-7
4.6
Upton Hydromet Site Property Description and Ownership............................................. 4-26
5 Accessibility, Climate, Local Resources, Infrastructure and Physiography........ 5-1
5.1
Accessibility........................................................................................................................ 5-1
5.2
Climate and Physiography ................................................................................................. 5-2
5.3
Infrastructure and Local Resources ................................................................................... 5-3
6
History....................................................................................................................... 6-1
6.1
History of the Rare Earth District........................................................................................ 6-1
6.2
Historical Resource Estimates ........................................................................................... 6-3
6.2.1
Rare Earth Resources........................................................................................................ 6-4
6.2.2
Gold Resources ................................................................................................................. 6-5
7
Geological Setting and Mineralization .................................................................... 7-1
7.1
Introduction......................................................................................................................... 7-1
7.2
Regional Geology............................................................................................................... 7-1
7.3
District Geology .................................................................................................................. 7-2
7.3.1
Tertiary Igneous Intrusions................................................................................................. 7-5
7.3.2
Alteration ............................................................................................................................ 7-8
7.3.3
Mineralization ................................................................................................................... 7-10
7.4
Bear Lodge REE Project Geology ................................................................................... 7-10
7.5
Bear Lodge Deposit Alteration and REE Mineralization .................................................. 7-12
7.5.1
Unoxidized Zone .............................................................................................................. 7-13
7.5.2
Transitional Zone ............................................................................................................. 7-14
7.5.3
Oxide-Carbonate Zone..................................................................................................... 7-14
7.5.4
Oxide Zone....................................................................................................................... 7-15
7.5.5
Stockwork Mineralization ................................................................................................. 7-16
7.6
Bear Lodge District REE Zonation ................................................................................... 7-17
8
Deposit Types........................................................................................................... 8-1
8.1
Introduction......................................................................................................................... 8-1
8.2
Carbonatite-Hosted Rare Earths........................................................................................ 8-1
8.3
Pre-Assessment of the Distribution of Thorium & Uranium at the Bull Hill REE Deposit .. 8-6
9
Exploration ............................................................................................................... 9-1
9.1
Introduction......................................................................................................................... 9-1
9.2
Bear Lodge Project Exploration Target Areas ................................................................... 9-1
9.2.1
Bull Hill ............................................................................................................................... 9-2
9.2.2
Bull Hill Northwest .............................................................................................................. 9-3
9.2.3
Whitetail Ridge ................................................................................................................... 9-4
9.2.4
Carbon and Taylor ............................................................................................................. 9-5
