Rare Element Reports Progress of Metallurgical Testwork at Bear Lodge

Rare Element Resources Ltd. (TSX:RES) reported on the progress of its in-depth metallurgical and process data being developed to be incorporated into the Bear Lodge Rare Earth Project’s definitive Feasibility Study scheduled to commence in Q1 2013.

Jaye T. Pickarts, Chief Operating Officer for Rare Element Resources Ltd. stated:

We are continuing the technical work necessary to advance our process and introduce efficiencies that will be incorporated in the FS. To that end, we are working on numerous studies to optimize our development plan. Our goal is to implement the most efficient, effective and environmentally sound process to concentrate the rare earth elements (REEs) found at Bear Lodge and the surrounding target areas.