Rare Element Resources
Bear Lodge Project
Canadian NI 43-101 Technical Report
October 9
th
, 2014
10135-200-46 - Rev. 0
14-47
Table 14.27 - Parameters for Resource Classification
Domain
Grid Spacing
Maximum Search Volume
Measured
(RCLASS=1)
Indicated
(RCLASS=2)
Inferred
(RCLASS=3,4) Measured Indicated Inferred
East
X
200
>200
X
2
3
Main 1
125
250
>250
1
2
3
Main 2
All Resources are Inferred
X
X
X
Main 3
X
200
>200
X
2
3
NW Bull Hill
All Resources are Inferred
X
X
X
Southeast
All Resources are Inferred
X
X
X
West 1
X
200
>200
X
2
3
West 2
All Resources are Inferred
X
X
X
Whitetail 1
X
200
>200
X
2
3
Whitetail 2
X
200
>200
X
2
3
(A.Noble, 2014)
14.17 Resource Summary
Estimated resources are summarized in
Table 14.28
through Table 14.34. A base-
case cutoff grade of 1.5% TREO is used for reporting of resources, consistent with
previous reporting. Price assumptions for resource estimation are the same as those
used for mineral reserve estimation and are documented in Chapter 15. A cutoff
grade of 1.5% TREO is used for resource reporting to maintain consistency with
previous resource reports.
