Aug 26 2010
Rare Element Resources Ltd. (TSX-V: RES; AMEX: REE) ("Rare Element" or "the Company") is not aware of any material undisclosed information or corporate developments.
The Company confirms that, further to its press release on August 18, 2010, it continues to work toward defining a commercial process for rare-earth-element (REE) concentration from oxide samples collected on the Company's 100%-owned Bear Lodge property, Wyoming, USA.
In addition, the Company confirms that, further to its press release on July 13, 2010, the drilling on the Sundance gold project, which lies on the same property as the Bear Lodge rare-earths project in Wyoming, is currently underway.
The Company became listed on the NYSE Amex ("AMEX") in the United States on August 18, 2010 under the ticker symbol "REE" and continues to be listed on the TSX Venture Exchange under the symbol "RES" in Canada.