Rare Element Resources
Bear Lodge Project
Canadian NI 43-101 Technical Report
October 9
th
, 2014
10135-200-46 - Rev. 0
14-53
Table 14.32 - Summary of Oxide Inferred Resource by Deposit
Resource
Class
Cutoff (%TREO) = 1.5
Zone
Oxide
Oxide + Carbonate
Total
Short
Tons
(million)
Metric
Tons
(million)
Grade
(%TREO)
Short
Tons
(million)
Metric
Tons
(million)
Grade
(%TREO)
Short
Tons
(million)
Metric
Tons
(million)
Grade
(%TREO)
Total
Measured + Indicated
Main
0.9
0.8
3.08
1.4
1.3
3.49
2.3
2.1
3.33
Main - Center
Fork
0.7
0.6
3.39
0.4
0.4
3.21
1.1
1.0
3.32
Main NS Trending
0.4
0.4
3.29
-
-
3.16
0.4
0.4
3.29
Total Main
2.0
1.8
3.23
1.8
1.6
3.43
3.8
3.4
3.32
East
0.2
0.2
2.18
0.1
0.1
3.25
0.3
0.3
2.54
Northwest Bull
1.1
1.0
2.36
0.1
0.1
1.78
1.2
1.1
2.31
Southeast
0.6
0.5
2.78
0.1
0.1
2.93
0.7
0.6
2.80
West 1
7.5
6.8
2.66
5.8
5.3
2.15
13.3
12.1
2.44
West 2
4.3
3.9
2.24
0.4
0.4
2.03
4.7
4.3
2.22
Whitetail SW
2.7
2.4
3.12
0.3
0.3
3.07
3.0
2.7
3.12
Whitetail NE
2.6
2.4
2.47
2.3
2.1
2.47
4.9
4.4
2.47
Total
21.0
19.1
2.65
10.9
9.9
2.46
31.9
28.9
2.59
Tons REO
(millions)
1,113
1010
536
486
1,649
1496
(A.Noble, 2014)
