The United States Forest Service has approved the field program for Ucore Rare Metals’ (TSXV:UCU) Bokan-Dotson Ridge rare earths project in Alaska. The company stated on Monday that the program, including a late-stage drill program and construction of an interim camp, will generate baseline information required for completion of the feasibility study.
As quoted in the press release:
“The approval of our field program is yet another benchmark on the road to production at Bokan, said Jim McKenzie, President & CEO of Ucore. “Permission to build an onsite camp to replace the Company’s former barge-based facility is a significant milestone not granted lightly by the US Forest Service. This achievement, together with Bokan’s location in an area already designated for resource development — known as a USFS Mineral Prescription — are positive indicators for future development at Bokan. Our thanks to the US Forest Service for the positive outcome of the application and review process.”