|By Marketwired .||
|July 23, 2014 08:29 AM EDT||
HALIFAX, NOVA SCOTIA -- (Marketwired) -- 07/23/14 -- Ucore Rare Metals Inc (TSX VENTURE: UCU) (OTCQX: UURAF) ("Ucore" or "the Company") is pleased to provide the following update on operational activities in progress on the Bokan - Dotson Ridge Project in South East Alaska (Bokan).
Ucore has contracted with SRK Consulting of Vancouver, BC, to compile baseline data and qualitative results from ongoing engineering studies to produce a formal Plan of Operations (PoO) for the Bokan Project. The PoO will be submitted to the United States Forest Service to facilitate delivery of an Environmental Impact Statement (EIS) and initiate the review process set out in the National Environmental Policy Act (NEPA).
The collection of baseline water samples, commenced in 2012, continues on site. A meteorological station is under construction to collect weather data required for the permitting process. Representative samples of drill core have been selected to initiate kinetic testing required to support state and federal permitting initiatives. Barrel tests containing samples of sorted rock have been installed on site in order to assess water quality runoff for the planned Rock Management Facility (RMF). The RMF will contain rock rejected from the X-Ray sorting equipment planned for the Bokan operation (see Ucore press releases: June 25, 2013 and March 6, 2012).
Ucore additionally reports that two drills are now in operation at the site. The smaller of the two rigs is committed to infill drilling for the purpose of upgrading the existing Inferred resource to the Indicated category under NI 43-101 guidelines. The larger of the two rigs will drill multiple deep holes with the goal of expanding the existing Bokan-Dotson Ridge resource at further depth. The larger rig will additionally drill a number of geotech holes and groundwater monitoring wells to obtain supplementary data for use in the engineering and permitting of the project. The comprehensive field program, including all sampling, testing and drill work is being supervised by Project Manager Jim Robinson, P. Geo., of Aurora Geosciences, Juneau, Alaska.
In addition to the aforementioned field work, metallurgical test work is now underway at Hazen Research of Denver, Colorado. This testing has the objective of optimizing the process flowsheet already set out in Ucore's Preliminary Economic Assessment (see Ucore press release dated January 15, 2013). The finalized flowsheet will form the basis of the Bokan pilot plant scheduled for later this year. The results of the pilot plant testing, together with the above noted drill program, will be incorporated into the Bokan Feasibility Study, scheduled for delivery in 2015.
Ucore continues to emphasize local employment and business opportunities wherever possible. The Prince of Wales Tribal Enterprise Consortium (POWTEC) has provided five personnel for the 2014 drill program using locally sourced employees. Aurora Geosciences is providing five local personnel for project management and technical services. Remote Made Easy of Ketchikan, Alaska, is providing full-time expediting services, fuel and material supplies, and casual labor on an on-call basis. In addition, Tyler Rental from Ketchikan is providing ancillary equipment on a contract basis.
"The summer of 2014 is an exceptionally busy time for Ucore", said Ken Collison, COO of Ucore. "Our Bokan - Dotson Ridge project continues to progress quickly with the support of permitting agencies at a federal and state level. We're particularly pleased to see our plan to ensure that Ucore and our contractors provide local employment is being carried out."
"Ucore is delighted to provide this operational update for our shareholders. Very few heavy rare earth projects in the world are undertaking such an advanced level of development, permitting and field operations in 2014", said Jim McKenzie, President and CEO of Ucore. "Ucore is increasingly a stand-alone story as the prospective go-to for supermetals critically required in US military, green-tech and high tech arenas."
About Ucore Rare Metals Inc.
Ucore Rare Metals Inc. is a development-phase mining company focused on establishing rare metal resources with near term production potential. With multiple projects across North America, Ucore's primary focus is the 100% owned Bokan - Dotson Ridge REE property in Alaska. The Bokan - Dotson Ridge REE project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia and has direct ocean access to the western seaboard and the Pacific Rim, a significant advantage in developing near term production facilities and limiting the capital costs associated with mine construction.
Ken Collison, COO of Ucore, has reviewed the technical data contained in this press release and is the qualified person responsible for its accuracy.
This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities, development timelines, and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.
Ucore Rare Metals Inc.
Mr. Jim McKenzie
President and Chief Executive Officer
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Feb. 19, 2017 09:15 AM EST Reads: 5,021
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
Feb. 19, 2017 09:15 AM EST Reads: 1,543
Many private cloud projects were built to deliver self-service access to development and test resources. While those clouds delivered faster access to resources, they lacked visibility, control and security needed for production deployments. In their session at 18th Cloud Expo, Steve Anderson, Product Manager at BMC Software, and Rick Lefort, Principal Technical Marketing Consultant at BMC Software, discussed how a cloud designed for production operations not only helps accelerate developer inno...
Feb. 19, 2017 09:15 AM EST Reads: 1,479
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business. Though, IoT is far more complex than most firms expected with a majority of IoT projects having failed. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, Chief IoTologist at Wipro, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology portfolios and business models to adopt and leverage IoT. He will delve in...
Feb. 19, 2017 09:15 AM EST Reads: 1,006
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great dea...
Feb. 19, 2017 07:45 AM EST Reads: 1,657
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Feb. 19, 2017 07:30 AM EST Reads: 1,391
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Feb. 19, 2017 06:45 AM EST Reads: 5,352
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Feb. 19, 2017 05:45 AM EST Reads: 4,714
Zerto exhibited at SYS-CON's 18th International Cloud Expo®, which took place at the Javits Center in New York City, NY, in June 2016. Zerto is committed to keeping enterprise and cloud IT running 24/7 by providing innovative, simple, reliable and scalable business continuity software solutions. Through the Zerto Cloud Continuity Platform™, organizations can seamlessly move and protect virtualized workloads between public, private and hybrid clouds. The company’s flagship product, Zerto Virtual...
Feb. 19, 2017 05:45 AM EST Reads: 806
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
Feb. 19, 2017 05:00 AM EST Reads: 4,661
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
Feb. 19, 2017 04:00 AM EST Reads: 10,969
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on about how much data there is, in his General Session at 17th Cloud Expo, Scott Cleland, Senior Director of Product Marketing at HGST, showed how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources.
Feb. 19, 2017 03:00 AM EST Reads: 3,814
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Feb. 19, 2017 03:00 AM EST Reads: 1,533
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
Feb. 19, 2017 02:30 AM EST Reads: 754
910Telecom exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and exchanges.
Feb. 19, 2017 02:30 AM EST Reads: 1,268