Rare Element Resources
Bear Lodge Project
Canadian NI 43-101 Technical Report
October 9
th
, 2014
10135-200-46 – Rev. 0
3-3
•
“Mineral Lease and Option for Deed and Assignment” agreement between
Phelps Dodge Mining Company and Paso Rico (USA), Inc. dated March 30,
2000.
•
Amended “Mineral Lease and Option for Deed and Assignment” agreement
between Phelps Dodge Mining Company and Paso Rico (USA), Inc. dated
August 9, 2001.
•
“Notice of Termination of Mineral Lease and Option For Deed” agreement,
“Lease Termination and Environmental Indemnity” agreement, and “Quitclaim
Deed” and royalty assignment agreement all signed by Paso Rico, (USA), Inc.
and Phelps Dodge Mining Company dated September 30, 2002.
•
“Bear Lodge Venture Agreement” signed by Paso Rico (USA), Inc. and
Newmont North American Exploration Limited dated June 1, 2006.
•
“Royalty Purchase & Sale Agreement” signed by Freeport McMoRan
Corporation (formerly Phelps Dodge Corporation) and Rare Element
Resources Ltd. dated March 31, 2009.
•
“Termination of Bear Lodge Venture and Right of First Refusal” agreement
signed by Paso Rico (USA), Inc. and Newmont North American Exploration
Limited dated May 14, 2010.
•
“Exchange Agreement” between the Wyoming Board of Land Commissioners,
through the Office of State Lands and Investments, and Rare Element
Resources, Inc. dated November 13, 2012.
The primary author is not responsible for such information, which is found in Chapter
4 of this report, but has assumed it to be accurate for the purpose of this report.
3.4 Federal Tax Calculation
The calculation of federal income taxes was provided by Rare Element and the
primary author is not responsible for this information. For the purposes of this report,
federal income taxes are assumed to be accurate.
