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Drilling Begins at Rare Element';s Sundance Gold Project

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^{Published in Business and Finance on Tuesday, July 13th 2010 at 3:42 GMT by Market Wire}  

 Table 1 Examples of Recent Drilling Results on Sundance Gold Project Target Interval (m) Intercept (m) Gold Assay (g/t) ------------ ------------- ---------------- Sun-01 Carbon 1.5 - 48.8 47.3 0.56 includes 19.8 - 29.0 9.2 1.17 Sun-02 Carbon 1.5 - 39.6 38.1 0.40 plus 83.8 - 141.8 57.9 0.53 Sun-08 Taylor 0 - 126.5 126.5 0.44 Sun-09 Taylor 0 - 175.3 175.3 0.44 Sun-11 Carbon 7.6 - 54.9 47.3 0.46 Sun-13 Taylor 3.0 - 44.2 41.2 0.49 Sun-21 Carbon 0 - 155.5 155.5 0.66 includes 0 - 36.6 36.6 1.35 Sun-22 (Carbon) 0 - 45.7 45.7 0.66 includes 30.5 - 44.2 13.7 1.33 Sun-38 (Carbon) 1.5 - 86.9 85.4 0.47 includes 48.8 - 57.9 9.1 1.18 Sun-043 Smith 142 - 218 76 0.85 Sun-044 Smith 138 - 94 56 1.05 Sun-049 Smith 239 - 283 44 1.24