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Rare Element Resources Ltd.

Publié le 24 août 2009

Initiates 2009 Rare-Earths Drilling Program

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      Rare Element Initiates 2009 Rare-Earths Drilling Program
=======================================================================

Vancouver, BC - Rare Element Resources Ltd. (TSX-V: RES) (the
"Company") is pleased to announce that drilling has begun on the
resource expansion program for rare-earth-element (REE) mineralization
on the Company's Bear Lodge property of northeastern Wyoming.
Drill-hole locations have been chosen as step-offs of the known
mineralization, to test other high-potential targets, and to provide
additional material for metallurgical testing of a suite of samples
that are representative of the entire rare-earth deposit (see news
release of June 15, 2009). Initial metallurgical testing of the
near-surface oxide portion of the deposit has provided very encouraging
results that could lead to a commercially viable process (see news
release of July 15, 2009). Metallurgical work is continuing at the
Mountain States R & D International laboratory near Tucson, Arizona.

The initial ten core holes of the drill program will test the updip
extension of oxide mineralization of the Bull Hill Southwest resource
that contains the bulk of the REE mineralization. Expansion of the
deposit uphill, above the defined resource area in the uppermost
portion of the oxidized carbonatite dikes, has potential to gain
substantial additional tonnage of oxidized mineralized material.

A number of drill holes will test the Bull Hill Northwest target,
located about 300 meters (1,000 ft) northerly from the Bull Hill
Southwest target as offsets to historical Hecla drill-hole WP-2. Angle
hole WP-2 intercepted nearly 56 m (186 ft) of near-surface, high-grade
REE mineralization. Several closely spaced holes will be drilled to
determine and test the orientation and continuity of the
mineralization.

Most holes in the overall program are designed to offset known
mineralization; however a number of holes are planned to test new
target concepts. One of the target concepts is a large REE-mineralized
carbonatite plug hypothesized to occur at depth southwest of the Bull
Hill diatreme. The Company's geologists recognize the similarities of
the Bear Lodge REE-bearing carbonatites with the large Mountain Pass
rare-earths deposit in California and will be exploring for an
analogous large system. Approximately 5000 m (16,500 ft) of drilling
are planned for the total 2009 program.

Rare Element Resources Ltd (TSX-V:RES) is a publicly traded
mineral-resource company focused on gold and strategic metals,
specifically the rare-earth elements. Rare Element Resources and
Newmont have entered into the Sundance gold exploration project on the
Company's Wyoming property. Newmont has the right to earn a 65% working
interest in Rare Element Resources' property, excluding any rights to
the rare-earth elements and uranium, but including rights to gold and
other metals, by performing US$5 million in property work expenditures
over a five-year period. Newmont also has the right to earn an
additional 15% working interest by completing a positive project
feasibility study.

Rare Element Resources' Bear Lodge, Wyoming property also encompasses
one of the largest disseminated rare-earth occurrences in North America
(M.H. Staatz, 1983, US Geological Survey Professional Paper 1049-D). In
parallel with the Sundance gold-focused exploration project, Rare
Element Resources has completed drilling of twelve holes, estimation of
an inferred resource (NI 43-101 compatible), and testing of
metallurgical samples to independently advance the rare-earth potential
of its property.

ON BEHALF OF THE BOARD
Donald E Ranta, PhD, PGeo,
President & CEO

For information, refer to the Company's website at
www.rareelementresources.com or contact:
Donald E Ranta, President & CEO, (604) 687-3520
don@rareelementresources.com
Mark T. Brown, CFO, (604) 687-3520 ext 242
mtbrown@pacificopportunity.com

Donald E. Ranta, PhD, PGeo, serves the Board of Directors of the
Company as an internal, technically Qualified Person. Technical
information in this news release has been reviewed by Dr. Ranta and has
been prepared in accordance with Canadian regulatory requirements that
are set out in National Instrument 43-101. This news release was
prepared by Company management, who take full responsibility for
content. Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.

=======================================================================
Copyright (c) 2009 RARE ELEMENT RESOURCES LTD. (RES.V)  All rights
reserved.  For more information visit our website at
http://www.rareelementresources.com/ or send
mailto:info@rareelementresources.com
=======================================================================
.
<

Rare Element Resources Ltd.

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CODE : RES.TO
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Rare Element Res. est une société d’exploration minière d'or basée au Canada.

Rare Element Res. détient divers projets d'exploration en USA.

Ses principaux projets en exploration sont BEAR LODGE et SUNDANCE GOLD en USA.

Rare Element Res. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 10,9 millions CA$ (10,0 millions €).

La valeur de son action a atteint son plus haut niveau récent le 12 août 2011 à 9,95 CA$, et son plus bas niveau récent le 01 janvier 2016 à 0,21 CA$.

Rare Element Res. possède 52 940 000 actions en circulation.

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Attributions d'options de Rare Element Resources Ltd.
24/03/2011Grants 985,000 stock options at $10,50
11/06/2010(Bear Lodge)Drilling Begins; Stock options granted
Nominations de Rare Element Resources Ltd.
12/12/2013Appoints Paul H. ZInk as CFO
06/08/2013Appoints Gerald Grandey to Board of Directors
29/04/2013Appoints Robbin Lee as Director of Investor Relations
24/04/2013Announces Appointment of Lowell A. Shonk to Board of Directo...
13/11/2012Appoints Dr. Henry Kasaini as Director of Science and Techno...
02/07/2012Appoints Kelli C. Kast, Esq., as Vice President and General ...
06/02/2012Announces Randall J. Scott & Paul Zink Appointed to the Boar...
19/12/2011Appoints Randall J. Scott as President and CEO - Former Pres...
15/12/2011Appoints Randall J. Scott as President and CEO
24/08/2011appoints Chief Financial Officer
13/07/2011Appoints Paul Schlauch as Director and Norman Anderson as Ch...
24/03/2011Appoints 2011 Geological Team & Grants Options
14/03/2011Appoints Jaye Pickarts as Chief Operating Officer
17/02/2011 Appoints George Byers as VP - Government & Community Relati...
Rapports Financiers de Rare Element Resources Ltd.
29/03/2016Reports Year-End 2015 Financial Results
09/08/2013Reports June 30, 2013 Financial Results
08/05/2013Reports March 31, 2013 Financial Results
06/11/2012Announces September 30, 2012 First Quarter Financial Results
10/05/2012Files March 31, 2012 Third Quarter Financial Results
14/02/2011Reports Second Quarter Financial Results
Projets de Rare Element Resources Ltd.
06/02/2014(Bear Lodge)EIS Begins on Rare Element's Bear Lodge Project
19/12/2013Increases Resource at Whitetail Ridge
11/11/2013Pilot Plant Testing Validates Advantanges
19/09/2013(Bear Lodge)Enters into Memorandum of Understanding with US Forest Servi...
14/08/2013(Bear Lodge)Extends 2013 Bear Lodge Development Drilling Program
23/05/2013(Bear Lodge)Development Milestone Achieved at Rare Element's Bear Lodge ...
18/03/2013(Bear Lodge)Reports 65 Percent Increase of Total M&I Rare-Earth Mineral...
10/10/2012(Bear Lodge)Reports on Progress of Metallurgical Testwork on Bear Lodge ...
26/09/2012Reports Positive 2012 Drilling Program Results
26/06/2012Reports 2012 Drilling and Exploration Program Underway
07/05/2012Reports 10 Percent Increase of M & I Rare-Earth Mineral Reso...
05/12/2011(Bear Lodge)Announces Completion of 2011 Drilling Program at Bear Lodge
28/07/2011Applauds U.S. House Committee Passage of Strategic Resource...
18/05/2011(Bear Lodge)Summarizes Results from its 2010 REE Exploration Program and...
06/04/2011(Bear Lodge)Reports Final REE Assay Results from 2010 Drilling at the Bu...
17/03/2011(Sundance Gold)Reports Inferred Mineral Resource Estimate for Sundance Gold...
17/02/2011(Bear Lodge) Appoints George Byers as VP - Government & Community Relati...
07/02/2011(Bear Lodge)Reports Additional REE Assays From Resource Areas and a New ...
06/01/2011(Sundance Gold)Reports Final 2010 Gold Drilling Assay Results, Including So...
27/05/2010(Bear Lodge)0% Increase in Rare-Earth Mineral Resources
28/04/2010(Bear Lodge)Initiates Government Affairs Program
09/03/20102009 Rare Earth Drilling Results from the Bull Hill Northwes...
09/02/2010Reports Additional 2009 Rare-Earths Drilling Results
20/10/2009(Bear Lodge)Begins a Scoping Study on Rare-Earth-Element Potential at Be...
29/09/2009(Bear Lodge)Makes Significant Progress with Rare-Earths Metallurgical Te...
24/08/2009(Bear Lodge)Initiates 2009 Rare-Earths Drilling Program
13/07/2009(Bear Lodge) Receives Permit for Expanded Drill Program
Communiqués de Presse de Rare Element Resources Ltd.
01/02/2016Rare Element Resources Announces Intention to Voluntarily De...
22/01/2016Rare Element Resources Announces Suspension of Permitting Ac...
19/01/2016Rare Element Resources Achieves Important Permitting Milesto...
17/12/2015Rare Element Resources Implements Extensive Cost Cutting Mea...
17/12/2015Rare Element Resources Implements Extensive Cost-Cutting Mea...
16/12/2015Rare Element Resources Expands on Advantages of Its Patent-P...
06/11/2015Rare Element Resources Reports Third Quarter Results
14/10/2015Rare Element Resources Successfully Completes First Phase of...
07/10/2015Rare Element Resources Completes Summer Condemnation Drillin...
08/09/2015Rare Element Resources to Participate in 17th Annual Rodman ...
24/08/2015Rare Element Files Canadian Preliminary Shelf Prospectus to ...
12/08/201510-Q for Rare Element Resources Ltd.
07/08/2015Rare Element Resources reports 2Q loss
07/08/2015Rare Element Resources Reports Second Quarter Results
15/07/2015Exploration at Rare Element Resources’ Bear Lodge Mineraliza...
15/05/201510-Q for Rare Element Resources Ltd.
07/05/201510-K for Rare Element Resources Ltd.
30/03/2015Rare Element Resources Confirms Revised EIS Schedule Support...
24/03/2015Rare Element Resources to Participate in the John Tumazos Ve...
12/03/2015Rare Element Resources Reports Year-End 2014 Financial Resul...
03/03/2015Rare Element Resources Names Lowell A. Shonk as Interim Chai...
03/03/2015Rare Element reports Unanimous Support from Wyoming Legislat...
11/02/2015Rare Element Resources Reports on Significant Progress in 20...
13/11/2014Rare Element Resources to Participate in the 32nd Annual Wyo...
10/11/2014Rare Element Resources Reports Third Quarter Results
27/02/2014to Participate in Largest Mining Conference of the Year
03/02/2014Transitions Geological Team
21/01/2014Files for Utility Patent on Recovery Technology
19/12/2013Trouble with the tables?
16/12/2013Announce EIS Contractor and PM
12/11/20133rd Quarter Results
25/09/2013Announces $8.0 Million Offering
11/06/2013Files Shelf Registration
05/06/2013Independent Labs Confirm Success of Rare Element's Proprieta...
03/05/2013Files NI 43-101 Technical Report Detailing Previously Announ...
19/04/2013Mark T. Brown Resigns as Director of Rare Element
18/03/2013Reports December 31, 2012 Financial Results, Substantial Inc...
11/03/2013Reports Additional Drilling Results High in Critical Rare Ea...
25/02/2013to Present at Upcoming PDAC 2013 Investor Exchange
20/02/2013provides information of cease trade on TSX
10/12/2012Drilling Results Expand District-wide Enrichment Zones of Cr...
08/11/2012Announces Annual General Meeting and Director Nominees; Adop...
16/10/2012Provides Support to Colleges and Universities for REE Resear...
21/09/2012Added to S&P/TSX SmallCap Index
13/09/2012(Bear Lodge)Announces June 30, 2012 Year End and Fourth Quarter Financia...
13/08/2012s Its Community Relations Activities
07/05/2012Reports 10 Percent Increase of M & I Rare-Earth Mineral Reso...
13/04/2012(Bear Lodge)Announces Revised and Improved Economic Results from Pre-Fe...
12/04/2012Schedules Conference Call for Tuesday, April 17, 2012, 3:30p...
26/03/2012Reports Additional 2011 Rare Earth Element and Gold Drilling...
15/03/2012Commences Separation Testing and Heavy Rare Earth Testing
01/03/2012(Bear Lodge)Announces Positive Economic Results from Pre-Feasibility Stu...
27/02/2012Reports 2011 Gold Drilling Assay Results, Including the Best...
10/02/2012(Bear Lodge)Files December 31 Second Quarter Financial Results and Updat...
22/01/2012Chairman Don Ranta interviewed by Charles Payne on Fox Busin...
04/01/2012(Bear Lodge)Reports 38 Percent Increase of M & I Rare-Earth Mineral Reso...
21/12/2011Reports Additional Drilling Results And Progress with Pilot ...
07/09/2011Releases Rare Earth Metallurgical Test Results and Begins Pi...
15/08/2011Ringing the Opening Bell of the NYSE Amex on August 16, 2011
05/08/2011(Bear Lodge)Discovers Heavy Rare Earths at Whitetail Ridge, East Taylor ...
04/08/2011Discovers Heavy Rare Earths at Whitetail Ridge, East Taylor ...
27/07/2011Applauds U.S. House Committee Passage of Strategic Resources...
28/06/20112011 REE Drilling Underway
14/06/2011(Bear Lodge)Reports Upgrade and Significant Increase of Rare-Earth Miner...
26/05/2011shares to trade on the Toronto Stock Exchange on May 27, 201...
13/07/2010Drilling Begins at Rare Element's Sundance Gold Project
28/06/2010Makes Progress with Government Affairs Program
12/05/2010Maintains 100% Interest in gold
13/04/2010Closes $8.8 Million Financing
18/03/2010$7.8 Million Offering
23/02/2010Definitive Eden Lake Rare-Earth Property Agreement Completed...
05/02/2010Named to 2010 TSX Venture 50
08/01/2010Acquires Nuiklavik REE Project in Labrador, Canada
07/12/20092009 Drill Program Tests Gold Targets at Bear Lodge
01/12/2009Options Eden Lake Rare-Earth Property to Medallion
19/11/2009Files US SEC Registration Form 20F
22/10/2009US government begins to focus on rare earths
13/10/2009Identifies High-Potential Whitetail Ridge Rare-Earth Target
21/07/2009Drilling Begins at Rare Element's Sundance Gold Venture
23/05/2009increases financing to $1,500,000, files Tier One applicatio...
15/07/2008s Resources' Gold Exploration Program Initiated
29/05/2008Reports on Gold Metallurgical Test Results
18/02/2008's Rare-Earths Metallurgical Testing Underway
17/01/2008' new corporate profile
11/01/2008Upcoming conference
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