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Rare Element Reports Initial 2009 Rare-Earths Drilling Results

  //business-finance.news-articles.net/content/200 .. s-initial-2009-rare-earths-drilling-results.html
  Published in Business and Finance on Wednesday, December 16th 2009 at 14:28 GMT by Market Wire
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 Drill-hole RES 09-1 (bearing N 45 degrees E, inclination -70 degrees, total depth 821 feet, Bull Hill Southwest target) ------------------------------------------------------------------------- Estimated True Mineralized Interval Intercept Thickness Lithology Total % REO -------- --------- --------- ----------- ------------ (feet) (feet) (feet) 50 - 120 70.0 47 FMR dike 3.90% REO 402.5 - 437.5 35.0 22 FMR dike 3.84% REO ------------------------------------------------------------------------- Drill-hole RES 09-2 (bearing N 45 degrees E, inclination -45 degrees, total depth 685 ft, Bull Hill Southwest target) 20 - 60 40 35 FMR dike 3.65% REO 235 - 244 9 8 FMR dike 3.84% REO ------------------------------------------------------------------------- Drill-hole RES 09-3 (bearing N 45 degrees E, inclination -70 degrees, total depth 912 ft, Bull Hill Southwest target) 9 - 140 131 82 FMR dike 6.78% REO 380 - 387 7 5 FMR dike 3.46% REO 650 - 675 25 20 Carbonatite dike 2.13% REO ------------------------------------------------------------------------- Drill-hole RES 09-3A (bearing N 45 degrees E, inclination -75 degrees, total depth 158 ft, Bull Hill Southwest target) 11 - 47 36 26 FMR dike 9.24% REO 76 - 151 75 55 FMR dike 6.93% REO ------------------------------------------------------------------------- Drill-hole RES 09-6 (bearing N 45 degrees E, inclination -45 degrees, total depth 1003 ft, Bull Hill Southwest target) 10 - 38.5 28.5 22 FMR dike 11.83% REO 248 - 309 61 50 FMR dike 2.89% REO ------------------------------------------------------------------------- 

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