Rare Element Resources Ltd. (RES) - Company Capsule
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Rare Element Resources Ltd. (Rare Element Resources) is a mineral exploration company. The company acquires, explores, and develops mineral properties. It explores for gold and rare earth elements. Rare Element Resources holds 100% interest in Bear Lodge property, which comprises the Bear Lodge REE project and the Sundance gold project located in Crook County, Wyoming. The company owns an interest in a group of 499 unpatented mining claims and 640 acres owned in patent. Its project contains resource of 18 million tons grading 3.05% Total Rare Earth Oxide (TREO) at a 1.5% cutoff grade. The company operates in the US and Canada. Rare Element Resources is headquartered in Lakewood, Colorado, the US.