Ucore Rare Metals Inc.

Published : July 08th, 2015

Ucore Commissions Design and Construction of SuperLig(R)-One Pilot Plant

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Ucore Commissions Design and Construction of SuperLig(R)-One Pilot Plant

HALIFAX, NOVA SCOTIA--(Marketwired - Jul 8, 2015) - Ucore Rare Metals Inc. (TSX VENTURE:UCU)(UURAF) ("Ucore" or the "Company") is pleased to announce that it has commissioned the construction of a pilot plant ("SuperLig®-One", the "Plant", or "test unit") based on Molecular Recognition Technology ("MRT"). The purpose of the Plant will be to test the use of MRT for the separation of rare earth elements ("REE's") at bulk scale.

Ucore has contracted with IBC Advanced Technologies, Inc. of American Fork, Utah ("IBC") for the design and construction of the Plant, targeting completion before the end of 2015. The test unit, with the project name "SuperLig®-One", will be constructed at IBC. Once complete, the test unit will then be relocated to a third party facility for an independent review of pilot scale test procedures.

"We anticipate that the SuperLig®-One unit will be a high-value asset for Ucore," said Jim McKenzie, President & CEO of Ucore. "The intention is for the unit to be a test mule, capable of accepting Pregnant Leach Solution ("PLS") and bulk concentrates from multiple prospective REE feedstock locations around the world. Ucore confirms that it has entered into agreements with various REE feedstock providers, and will be securing test material from a variety of locations over the next 6 months as construction is under way. One high priority source of pilot scale test material will be the Bokan-Dotson Ridge Project in South East Alaska."

The SuperLig®-One unit is currently undergoing design at IBC. The Plant will be both modular and portable in design, capable of transport to remote testing sites as required. Columnar units within the Plant will contain customized proprietary SuperLig® products that are designed to selectively separate the metal being targeted. To optimize utility, the Plant will be customizable over time, with capacity for treating varying ratios of metals in different PLS feed solutions.

The SuperLig® platform successfully separated the entire suite of REE's to high purity at bench scale without the use of traditional costly and environmentally invasive solvent extraction techniques (see Ucore Press Release March 2, 2015). The SuperLig®-One unit will be designed to deploy this achievement at pilot scale, refining each of the lanthanides to uniformly high purity, from lanthanum (La) to lutetium (Lu), with the exception of Pm, plus yttrium (Y) and scandium (Sc).

In addition to SuperLig® products designed for REE separation, IBC has an extensive inventory of pre-existing SuperLig® products capable of selectively targeting a range of valuable metals, such as platinum group metals, gold, silver, uranium, bismuth, copper, cobalt, nickel, indium, and rhenium as well as a host of nuisance materials such as radionuclides, lead, mercury, cadmium and arsenic. In a press release dated March 3, 2015, Ucore announced an exclusive agreement with IBC for the use of SuperLig® technology for all metals in the tailings processing sector, as well as all processing applications related to REE's.

The mid-term objective is to have the SuperLig®-One unit serve as a prototype for a full sized SuperLig® separation plant, to be located in North America. Such a full sized facility would be capable of receiving rare earth feedstock, in the form of mixed concentrates or PLS, from locations in the Americas and beyond.

Steven R. Izatt, President and CEO of IBC, has approved the scientific and technical content of this news release and is the Qualified Person responsible for its accuracy. Mr. Izatt, Registered Member SME, holds an M.S. in Chemical Engineering Practice and an M.S. in Technology and Policy, both from the Massachusetts Institute of Technology (MIT).

About IBC

IBC Advanced Technologies, Inc. is an award-winning, green chemical selective separations company based on innovative MRT products. Headquartered in American Fork, Utah, with manufacturing facilities in Utah and Houston, Texas, IBC has supplied industrial, governmental and academic customers worldwide with environmentally friendly products, processes and services for over 28 years.

IBC specializes in MRT, utilizing green chemistry to achieve highly selective separations of metal ions in complex matrices. Based on Nobel Prize-winning technology (1987), IBC's proprietary products and processes are used worldwide by premier metals refining and mining companies such as Tanaka Kikinzoku K.K. (Japan), Asarco Grupo Mexico (USA), Impala Platinum Ltd. (South Africa), and Sino Platinum (China). In 2014, the Japanese Government (Mitsubishi Research, Inc.) awarded to IBC a highly competitive subsidy grant, "Demonstration Project for Seawater Purification Technologies", concerning the selective separation of the radionuclides strontium and cesium from contaminated seawater at Fukushima, Japan. The recent successful completion of this project by IBC demonstrated the viability of using SuperLig® products in this vital application.

IBC's expertise is illustrated by its extensive development and commercialization of separations systems for platinum group metals ("PGM's") at a world level. PGM's are analogous to the rare earth elements, in that they are considered difficult to selectively separate due to their constituent chemical similarities.

The Ucore-IBC alliance builds on IBC's proven capabilities to develop, scale-up and commercialize selective separations systems for a number of diverse and complex applications. See www.ibcmrt.com for additional information.

About Ucore

Ucore Rare Metals Inc. is a development-phase mining company focused on establishing rare metal resources and beneficiation technologies with near term potential for production, growth and scalability. 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.

Cautionary Notes

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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined by the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Read the rest of the article at finance.yahoo.com
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Ucore Rare Metals Inc.

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CODE : UCU.V
ISIN : CA90348V1031
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Ucore Rare Metals is a uranium exploration company based in Canada.

Ucore Rare Metals holds various exploration projects in Canada.

Its main exploration properties are BOKAN MOUNTAIN, LOST POND, SANDYBEACH LAKE (SLP), GREATER NEWFOUNDLAND and GROUWLAND MOUNTAIN in Canada.

Ucore Rare Metals is listed in Canada and in United States of America. Its market capitalisation is CA$ 189.1 millions as of today (US$ 151.2 millions, € 132.4 millions).

Its stock quote reached its lowest recent point on December 24, 2008 at CA$ 0.03, and its highest recent level on February 19, 2021 at CA$ 2.97.

Ucore Rare Metals has 270 140 000 shares outstanding.

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Financings of Ucore Rare Metals Inc.
5/27/2008Announces $4.0 Million Private Placement
Nominations of Ucore Rare Metals Inc.
2/18/2014Ucore Appoints Johnson to Advisory BoardCc:
10/31/2013Ucore Appoints Clarke as Board Member
10/31/2013Appoints Clarke as Board Member
8/13/2012Ucore Appoints Hammen to Advisory Board
5/14/2012Ucore Appoints Ryan as Board Member
1/4/2012Ucore Appoints Collison as Chief Operating Officer
Project news of Ucore Rare Metals Inc.
10/21/2013Ucore Announces Resource Upgrade for Bokan Dotson-Ridge
1/15/2013Ucore Files Preliminary Economic Assessment 43-101 Technical...
1/15/2013Files Preliminary Economic Assessment 43-101 Technical Docum...
7/13/2012Ucore Applauds Rep. Young's Commitment to Mining Alaskan Nat...
6/14/2012Ucore Initiates Bulk Sample in Preparation for Production Sc...
4/18/2012Ucore Completes Underground Mine Design for Bokan Project
1/23/2012Ucore Releases 2011 Bokan Drill Results Pending Augmented Re...
1/16/2012Ucore Confirms Widespread Rare Earth Mineralization In Centr...
10/3/2011Ucore Reports 85-90% Recovery of Rare Earths in Bokan Metall...
7/19/2011(Bokan Mountain)Reports on 2011 Bokan Field Program
5/10/2011(Bokan Mountain)Releases 2011 Mine Scoping and Resource Development Plan
4/5/2011(Bokan Mountain)Recovers Over 4000 Metres of Historical Drill Core
3/7/2011Ucore Releases NI 43-101 Compliant Resource for Bokan
2/15/2011Ucore Completes Washington Meetings & Sets Out Strategy for ...
7/15/2010(Bokan Mountain)Drilling Commences at Ucore's Bokan - Dotson Ridge Heavy Rar...
4/20/2010(Bokan Mountain)State of Alaska Announces Support for Expedited Permitting a...
12/14/2009(Bokan Mountain)Deep Drilling at Dotson Trend Shows Heavy Rare Earth Mineral...
10/20/2009(Bokan Mountain)Provides Update on Bokan Drill Program
9/16/2008(Lost Pond)Ucore Uranium Options 50% Interest in Lost Pond Property to ...
7/16/2008(Lost Pond)Reports High Grade Rare Earth Drill Results from Lost Pond
5/15/2008(Bokan Mountain)Bokan Mountain Drill Mobilization Underway
4/10/2008(Bokan Mountain)Receives 2008 Drill Permit for Bokan Mountain
2/6/2008(Bokan Mountain) Reports 15.2 Meters Grading 0.42% U3O8 from Bokan Mountain
Corporate news of Ucore Rare Metals Inc.
8/2/2016Ucore Announces Sudden Passing of Chief Operating Officer Ke...
7/29/2016Ucore Announces Closing of Royalty Conversion
7/7/2016Ucore Announces Conversion of Royalty
7/5/2016Ucore Separates Dy and Ho Sub-Groups at 99%+ Purity via Supe...
6/7/2016Ucore Separates HREE and LREE Classes at 99%+ Purity via Sup...
5/30/2016Ucore Announces Increase of Shareholder Investment to $7.3 M...
5/24/2016Ucore Separates Scandium at 99%+ Recovery via SuperLig®-One ...
5/9/2016Ucore Updates on Early-Stage Performance of SuperLig®-One Pi...
4/19/2016Högel Joins Ucore Advisory Board
1/18/2016Ucore Comments on Royalty Conversion and Positive Outlook of...
1/18/2016Ucore Rare Metals Announces Corporate Developments
1/15/2016Ucore Rare Metals Announces Corporate Developments
12/14/2015Ucore Closes $6.9 Million Royalty Financing with Option to I...
9/11/2015Ucore Grants Incentive Stock Options
8/17/2015Ucore Rare Metals Enters Into Second Royalty Agreement to Ra...
7/8/2015Ucore Commissions Design and Construction of SuperLig(R)-One...
6/26/2015Ucore Adopts Advance Notice By-Law
3/11/2015The REE Basket Price Deception and the Clarity of OPEX
3/3/2015IIROC Trading Resumption - UCU
3/3/2015Ucore Secures Rights to SuperLig(R) Molecular Recognition Te...
3/3/2015IIROC Trading Halt - UCU
3/2/2015Ucore Successfully Separates Entire Suite of Individual Rare...
2/3/2015Ucore Releases Complete 2014 Drill Assays in Preparation for...
1/28/2015Ucore Extends Bokan Mineralization at Significant Depth
1/14/2015Ucore Engages Ausenco for Preparation of Feasibility Study f...
1/14/2015Engages Ausenco for Preparation of Feasibility Study for Bok...
11/12/2014IIROC Trading Resumption - UCU
11/12/2014Ucore Uses Molecular Recognition Technology to Generate 99%+...
11/12/2014IIROC Trading Halt - UCU
10/16/2014Ucore's McKenzie to Deliver Presentation to Rare Earths Conf...
10/15/2014Ucore Issues RFP for Bankable Feasibility Study
10/7/2014Ucore Updates on Research by University of Alaska Fairbanks
8/11/2014Dostal's Paper on Bokan Mineralization Accepted by Leading I...
8/7/2014Ucore Applauds Senator Murkowski and National Mining Associa...
7/30/2014Ucore Reports That USGS Research Continues at Bokan Heavy RE...
7/23/2014Ucore Provides Operational Update on Bokan - Dotson Ridge Pr...
2/19/2014Alaska Legislation Sets Out $145 Million Bond Funding for Uc...
1/13/2014Ucore Comments on Escalating HREE Supply Concerns in US Capi...
12/31/2013Ucore Announces Completion of Private PlacementCc:
10/21/2013Announces Resource Upgrade for Bokan Dotson-Ridge
9/16/2013Ucore Receives USFS Permitting for Bokan - Dotson Ridge Fiel...
9/16/2013Receives USFS Permitting for Bokan - Dotson Ridge Field Prog...
7/16/2013Ucore Announces Commissioning of Plan of Ops
7/16/2013Announces Commissioning of Plan of Ops
6/25/2013Ucore Announces Augmented Results of Large Scale XRT Ore Sor...
6/25/2013Announces Augmented Results of Large Scale XRT Ore Sorting
6/13/2013Ucore Comments on House Armed Services Committee Dysprosium ...
6/11/2013Ucore Grants Incentive Stock Options
6/11/2013Grants Incentive Stock Options
6/11/2013Grants Incentive Stock Options
5/13/2013Announces Closing of Offering
4/23/2013Announces Filing of Final Prospectus
3/15/2013Announces Filing of Preliminary Short Form Prospectus
3/11/2013Rare Earth Expert Jack Lifton Names Ucore on HREE Producer S...
2/1/2013BNN Interviews Jim McKenzie, President/CEO, Ucore Rare Metal...
1/25/2013Bokan Top 10 Advantages [Updated]
1/25/2013Bokan Top 10 Advantages
10/3/2012Ucore Reports Dysprosium Separation Breakthrough
10/1/2012US Department of Defense Contracts With Ucore for Metallurgi...
10/1/2012US Department of Defense Contracts With Ucore for Metallurgi...
9/25/2012Ucore Welcomes Alaska State Initiative to Support Bokan Meta...
9/25/2012Welcomes Alaska State Initiative to Support Bokan Metallurgi...
8/20/2012Profit from Ucore's Astonishing "Spider Web" Technology - En...
8/13/2012Ucore Confirms Effectiveness of SP Technology to Remove 99% ...
8/13/2012Ucore Confirms Effectiveness of Solid Phase Technology to Re...
7/4/2012Ucore Comments on The Announcement Of A Chinese Rare Earth S...
5/31/2012Media Update
5/3/2012Media Update
4/6/2012Media Update
3/6/2012Ucore Confirms Effectiveness of XRT Ore Sorting at Productio...
3/5/2012Media Update
2/2/2012Ucore Releases Rare Earth Mobile Applications
10/25/2011Media Update
10/11/2011Media Update
9/20/2011Media Update
8/19/2011Media Update
8/10/2011Ucore Hosts 2011 Alaska Rare Earth Conference
8/3/2011Ucore Receives Priority Permitting Assistance from US Dept o...
8/2/2011Media Update
7/19/2011Ucore Reports on 2011 Bokan Field Program
6/15/2011Ucore Comments on Dysprosium Price Gains
6/15/2011Comments on Dysprosium Price Gains
6/6/2011Ucore Acquires New Strategic Rare Earth Properties in Alaska
5/10/2011Ucore Releases 2011 Mine Scoping and Resource Development Pl...
4/5/2011Ucore Recovers Over 4000 Metres of Historical Drill Core
2/15/2011Completes Washington Meetings & Sets Out Strategy for Heavy ...
6/28/2010Changes Name to Ucore Rare Metals Inc.
9/25/2008Reports Favourable Light and Heavy Rare Earth Assays from Bo...
7/30/2008Reports 2.57 Metres Grading 0.50% U3O8 from Bokan Mountain
6/19/2008Bokan Mountain Drill Program in Progress
6/10/2008Updates Board at Annual Meeting
4/15/2008Featured in Online Podcast Interview
3/18/2008Hole 1 at Bokan Returns 50 Metres Grading 0.47% U3O8
1/7/2008THREE NEW URANIUM MINERALIZED ZONES IDENTIFIED
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