Rare Element Resources
Bear Lodge Project
Canadian NI 43-101 PFS Technical Report
October 9
th
, 2014
10035-200-46 - Rev. 0
27-14
Year One Operating Cost as a Percentage of the Total, Year 26 Operating Cost as a
Percentage of the Total (Roche, PFS Financial Analysis 8-28-2014 Rev. 0)
Hydromet Operating Cost Estimate Summary, (Roche, YBY R2 – Aug 2014)
Mining Operating Cost Estimate Summary, (Golder, Bear Lodge Econ Tables July 30th,
2014 – Rev. 03)
PUG Plant Operating Cost Estimate Summary, (Roche, YBY PUG Optimized OPEX 8-4-14,
R2)
Chapter 22
Tables provided by, (Roche Engineering, 2014)
Economic Input Parameters
Cash Flow Forecast
20% Rare-Earths Base Price Increase
20% Rare-Earths Base Price Decrease
20% Operating Costs Increase
20% Capital Cost Increase
20% Power/Energy Cost Increase
20% Acid/Reagent Cost Increase
Sensitivity Analysis
Property Tax on Land Cost Summary
Chapter 23
Black Hills Region Gold Mines and Projects, (Modified from: DeWitt, Ed, Redden, J.A.,
Wilson, A.B., and Buscher, David,1989, Geologic map of the Black Hills area, South Dakota
and Wyoming: U.S. Geological Survey Map I–1910, scale 1:250,000.
Chapter 24
Bear Lodge Price Sensitivity ± 25% Summary (Million)
Chapter 25
Bull Hill Zonal REE Mineralogy, (J. Clark)
Bear Lodge Financial Summary (US$ Million), (Roche Engineering, Inc)
Chapter 26
N/A
