Ucore Reports on 2014 Bokan Summer Field Program

Ucore Rare Metals Inc (TSX VENTURE:UCU)(OTCQX:UURAF) ("Ucore" or "the Company")
is pleased to report that a contract has been awarded for a $2.5 million diamond
drilling program at their Bokan - Dotson Ridge rare earth project in southeast
Alaska. The program will commence in mid-July with Aurora Geosciences as the
Project Manager. 


"It's great to see this program get underway as one of the final steps required
to trigger our forthcoming feasibility study" said Ken Collison, COO of Ucore. 


The 5,000 meter diamond drilling program consists of 2,500 meters of infill
drilling; 1,500 meters of deep targeted drilling to expand the resource at
depth; and 1,000 meters of geotechnical and groundwater drilling to support
environmental analysis and the upcoming permitting process. This drilling
program has been fully permitted with approvals from the United States Forest
Service. 


"I am very pleased to see our Bokan project moving forward according to plan",
said Jim McKenzie, President and CEO of Ucore. "Very few heavy rare earth
projects outside of China are at this advanced stage of development. We look
forward to working in the field once again with Aurora Geosciences and our other
consultants to advance this strategically important project. The list of
pre-construction deliverables continues to shorten, and Bokan aims to be the
first primarily heavy enriched rare earth mine to achieve production on US
soil." 


About Ucore Rare Metals Inc. 

Ucore Rare Metals Inc. is a development-phase mining company focused on
establishing rare metal resources, with near term production potential. With
multiple projects across North America, Ucore's primary focus is the 100% owned
Bokan - Dotson Ridge REE property in Alaska. The Bokan - Dotson Ridge REE
project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of
Prince Rupert, British Columbia and has direct ocean access to the western
seaboard and the Pacific Rim, a significant advantage in developing near term
production facilities and limiting the capital costs associated with mine
construction. 


The Bokan Mountain Project is the subject of a preliminary economic estimate
("PEA") prepared by Tetra Tech of Vancouver, the results of which were released
by the Company on November 28, 2012. Please note that the PEA is preliminary in
nature, that it includes inferred mineral resources that are considered too
speculative geologically to have the economic considerations applied to them
that would enable them to be categorized as mineral reserves, and there is no
certainty that the PEA will be realized. Mineral resources that are not mineral
reserves do not have demonstrated economic viability. 


For further information, please visit http://www.ucore.com. 

This press release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other than
statements of historical facts, that address future exploration drilling,
exploration activities, development timelines, and events or developments that
the Company expects, are forward looking statements. Although the Company
believes the expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially from those
in forward-looking statements. Factors that could cause actual results to differ
materially from those in forward-looking statements include exploitation and
exploration successes, continued availability of financing, and general
economic, market or business conditions.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Ucore Rare Metals Inc.
Mr. Jim McKenzie
President and Chief Executive Officer
(902) 482-5214
www.ucore.com

Ucore Rare Metals (TSXV:UCU)
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