Rare Element Resources, Ltd

Rare Element Resources Ltd. is a publicly traded mineral resource company focused on delivering strategic materials to technology industries by advancing plans to develop the Bear Lodge Critical Rare Earth Project, located in northeast Wyoming. Rare Element Resources Ltd. was incorporated in 1999. Its common shares are traded on the OTCQB Venture Marketplace ('OTCQB') under the symbol “REEMF.”The Company’s primary focus is advancing the Bear Lodge Critical Rare Earth Project, located in northeast Wyoming, toward production.  The Company owns a 100% interest in a group of 499 unpatented mining claims and 640 acres owned in patent.  The mine site is located approximately 12 miles northwest of the town of Sundance, Wyoming. The Company also has an option on a parcel of land locate on the outskirts of the town of Upton, Wyoming, approximately 40 miles to the southwest.  This is the planned site for the Project's hydrometallurgical processing plant.The Company has completed numerous geological, metallurgical, engineering, environmental and financial studies on the Bear Lodge Project, some of which can be found in the Bear Lodge section of this website, to evaluate and support bringing the Project into production.  This extensive body of work, plus environmental baseline studies conducted by the Company, form the basis for the Bear Lodge Plan of Operations (PO), which was submitted to the U.S. Forest Service and accepted as complete in early 2013.  The PO provides details on the different aspects of operations and forms the foundation for permitting. The Company has suspended the efforts of the Forest Service in progressing the draft Environmental Impact Statement (EIS) to a final EIS and Record of Decision (ROD) until it receives further capital.  Although the Company has also submitted applications for the two additional key permits and licenses to the appropriate state and federal agencies, those are also suspended to further coordinate with the final EIS timing, which is approximately 12 to 15 months after resumption of efforts.