Rare Element Resources
Bear Lodge Project
Canadian NI 43-101 Technical Report
October 9
th
, 2014
10135-200-46 - Rev. 0
14-48
Table 14.28 - Measured and Indicated Resources Using
a Range of Cutoff Grades
Resource
Class
Cutoff
Grade
(%REO)
Oxide
Oxide+Calcite
Total Oxidized
Short
Tons
(million)
Metric
Tons
(million)
Grade
(%TREO)
Short
Tons
(million)
Grade
(%TREO)
Short
Tons
(million)
Metric
Tons
(million)
Grade
(%TREO)
Measured
0.5
3.9
3.5
2.00 2.02
2.95
6.0
5.4
2.32
1
2.1
1.9
3.14 1.6
3.46
3.7
3.4
3.28
1.5
1.5
1.4
3.89 1.5
3.73
3.0
2.7
3.81
2
1.3
1.2
4.28 1.3
4.01
2.5
2.3
4.15
2.5
1.0
0.9
4.77 1.1
4.33
2.1
1.9
4.54
3
0.8
0.7
5.32 0.9
4.73
1.7
1.5
5.02
3.5
0.6
0.5
5.95 0.7
5.16
1.3
1.2
5.54
4
0.5
0.5
6.57 0.5
5.59
1.0
0.9
6.07
4.5
0.4
0.4
7.15 0.4
6.13
0.8
0.7
6.66
5
0.3
0.3
7.70 0.3
6.64
0.6
0.5
7.21
Indicated
0.5
27.0
24.5
1.45 23.35
1.44
50.3
45.6
1.44
1
11.8
10.7
2.37 10.2
2.36
22.0
20.0
2.37
1.5
7.7
7.0
3.00 7.2
2.85
14.9
13.5
2.93
2
5.7
5.2
3.46 5.5
3.18
11.2
10.2
3.32
2.5
3.9
3.5
4.03 3.8
3.61
7.7
7.0
3.82
3
2.6
2.4
4.64 2.5
4.05
5.1
4.6
4.35
3.5
1.8
1.6
5.23 1.6
4.56
3.4
3.1
4.92
4
1.4
1.3
5.74 1.0
5.06
2.3
2.1
5.46
4.5
1.0
0.9
6.25 0.6
5.65
1.6
1.5
6.04
5
0.7
0.6
6.82 0.4
6.17
1.1
1.0
6.61
Measured +
Indicated
0.5
30.9
28.0
1.52 25.37
1.56
56.3
51.1
1.53
1
13.9
12.9
2.49 11.8
2.51
25.7
23.3
2.50
1.5
9.2
8.3
3.14 8.6
3.00
17.9
16.2
3.08
