Resource Intelligence Newsmakers: Rare Element Resources

Interview with Don Ranta, President & CEO Rare Element Resources

Don Ranta is the President and CEO of one of the most important rare earth companies out there today, Rare Element Resources (TSXV:RES). What makes Rare Element Resources so important is that it's got one of just a couple NI 43-101 compliant resources in the US, and it's the second highest grade resource in North America, it's in Wyoming--very mine friendly--and it's rare earths, which is an entire interview in itself.

RI: Don, thanks for taking the time to talk to us. Is one of the main reasons that you are trading at such a premium to your peers the fact that you are so advanced in the game, or the really high grades you are getting?

DR: I think it's all of the above. Certainly the grades have a big effect on it. The fact that we have two 43-101 resources and we will have a new one coming out some time next spring is really favourable; and our results from our current drilling that we are announcing have been outstanding. Again, with some very high grades, anywhere from 4% up to 17%. We had one interval that was 21% rare earth oxide. Amazingly nice grades. Plus our infrastructure and permitting like you mentioned. Wyoming is a very mining friendly state. We anticipate that permitting will take time but it should go through very smoothly.

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