DM_TOR/292169.00001/7488787.1
CONSENT OF QUALIFIED PERSON
British Columbia Securities Commission
Alberta Securities Commission
Saskatchewan Financial Services Commission
The Manitoba Securities Commission
Ontario Securities Commission
New Brunswick Securities Commission
Nova Scotia Securities Commission
Deputy Registrar, Securities Division, Prince Edward Island
Director of Securities, Department of Government Services and Lands,
Newfoundland and Labrador
Registrar of Securities, Department of Justice, Yukon Territory
Securities Registries, Department of Justice, Northwest Territories
Government of Nunavut, Legal Registries Division
Toronto Stock Exchange
Dear Sirs and Mesdames:
Re:
Technical Report titled “Bear Lodge Project Canadian NI 43-101 Pre-Feasibility Study
Report on the Reserves and Development of the Bull Hill Mine, Wyoming” dated October 9,
2014.
I, Jaye Thomas Pickarts, P.E., consent to the public filing of the technical report titled “Bear Lodge
Project Canadian NI 43-101 Pre-Feasibility Study Report on the Reserves and Development of the Bull
Hill Mine, Wyoming” dated October 9, 2014, (the “
Technical Report
”) by Rare Element Resources Ltd.
(“
Rare Element
”).
I also consent to any extracts from or a summary of the Technical Report in the press release titled “Rare
Element Resources Announces 2014 Pre-Feasibility Study on the Bear Lodge Project; Operational and
technical improvements support a long-life Project with after-tax Internal Rate of Return of 29% and a
payback period of 2.9 years; Significant opportunities for further upside” dated August 26, 2014 (the
“
Press Release
”) of Rare Element.
I certify that I have read the Press Release filed by Rare Element and that it fairly and accurately
represents the information in the Technical Report for which I am responsible.
Dated this 9
th
day of October, 2014.
Original signed and sealed by
Signed, Jaye T. Pickarts, P.E. 37268/020893/13891
