HALIFAX, NOVA SCOTIA — (Marketwire) — 02/02/12 — Ucore Rare Metals Inc. (TSX VENTURE:UCU)(OTCQX:UURAF) (“Ucore” or the “Company”) is pleased to announce the release of two mobile software applications (“Apps”) that will introduce and educate investors regarding historical and current uses of Rare Earth Elements, while providing additional up to date information on international REE market prices. The free Apps are now available for both Apple (iOS) and Android devices. Visitors can learn more about these applications on the Ucore website at http://ucore.com/apps.

“In developing relationships with end users and other participants in the REE space, Ucore became aware of the desire and need for readily available price and reference info across the entire lanthanide suite,” said Jim McKenzie, President and CEO of Ucore. “Rare Earths are a hot topic and we wanted to create a platform for users to learn just how vital these critical technology metals are to the future of our economy, while giving investors the tools to make informed investment decisions in the sector.”

“These mobile Apps have been developed by our in-house team,” continued McKenzie. “Much of the research material has been utilized by Ucore for internal planning and economic assessment purposes, and we’re now pleased to offer the collateral data and market information as a service to Ucore investors and the REE community at large.”

The rare earth reference and educational information contained in the software has been developed internally by Ucore personnel. Specific REE pricing data applicable to the mobile Apps has been furnished by Asian Metals, a leader in the provision of current specialty metals economic data. Ucore has partnered with Asian Metals for these innovative Apps primarily due to the currency of the data, which reflects actual transactional prices as opposed to speculative spot prices. Asian Metals has been compiling market based data via their Beijing office for over 12 years and have a very close relationship with producers and traders of rare earths.

The Ucore Rare Earth educational and information iPad App has been in beta phase since August, 2011, and has already garnered in excess of 3,000 downloads on the Apple App Store. The finalized iPad App will now be available for free to investors, educational institutions and the general public. For more information, please visit http://ucore.com/apps or contact Mr. Byron Fillmore (Byron@ucore.com) for details.

Background

Ucore Rare Metals Inc. is a well-funded junior exploration company focused on establishing REE, uranium and other rare metal resources through exploration and property acquisition. 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 expediting mine production and limiting the capital costs associated with mine construction.

The Bokan properties are located in an area reserved for sustainable resource development with an existing road network providing access to the main target areas. REE mineralization at the Bokan-Dotson ridge project occurs in a well-demarcated vein system related to a Mesozoic Bokan peralkaline granitic complex. However, a number of other occurrences of REE mineralization are also located within, or at the margins of the complex. Viewed in a geological and geophysical context, the Bokan complex is a distinctive circular structure and is highly prospective for rare earths deposits.

Contacts:
Ucore Rare Metals Inc.
Mr. Jim McKenzie
President and Chief Executive Officer
(902) 482-5214
www.ucore.com

Source: Marketwire (February 2, 2012 – 6:30 AM EST)

VANCOUVER, British Columbia, February 1, 2012 /PRNewswire/ –

Shares Outstanding: 45,448,850

Kootenay Gold Inc. is pleased to announce assay results from an additional 6 drill holes from its 25,000 meter, ongoing, multi-phase, step out drill and resource definition program on its Promontorio Silver Project in Sonora, Mexico.

The Company reports the multi-rig diamond drilling program continues to yield high-grade results, while demonstrating continuity of silver mineralization in the top priority Southwest and Northeast zones across the property’s central 1km mineralized corridor.

The strike continuity of silver mineralization in the Southwest Zone connecting to the NI 43-101 Pit Resource currently measures 140 meters to 300 meters. In the Northeast Zone, which sits 700 meters outside of the current NI 43-101 Pit Resource, mineralization along strike now extends approximately 210 meters.

States Kootenay CEO James McDonald “We continue to encounter multiple high-grade silver intercepts in the Northeast Zone and the Southwest Zone which once again underscores the strength and large upside potential of Promontorio’sdiatreme breccia hosted mineral system. We could not be more enthused and optimistic with results from the current multi-phase program. Approximately 4000 meters of drilling remain to be completed in the 25,000 meter drill program, following which time geologic modeling and a NI 43-101 resource update will be completed.”

To view map of drill hole locations please visit: http://www.kootenaygold.ca/i/projects/Promontorio/drillresultsmap.pdf

Highlights from the Northeast (NE) Zone include:

DH 110 in the Northeast Zone hits 18 meters of 873 pgt Silver Equivalent (471 gpt Ag, 9.42% Pb+Zn) within 71 meters of 297 Silver Equivalent (149 gpt Ag, 3.46% Pb+Zn)

The high-grade intercept in DH 110 included 4.5 meters of 1146 gpt Silver Equivalent (646 gpt Ag, 11.67% Pb+Zn) and a separate 4 meter interval of 1060 gpt Silver Equivalent (667 gpt Ag, 9.21% Pb+Zn)

Highlights in the Southwest Zone include:

DH 106 hits 678 gpt Silver Equivalent over 4 meters (535 gpt Ag, 3.29% Pb+Zn) DH 105 hits 17 meters of 150 gpt Silver Equivalent (118 gpt Ag, 0.76% Pb+Zn)

In the Southwest Zone DH 105 included two higher grade intervals of 392 gpt Silver Equivalent (310 gpt Ag, 1.91% Pb+Zn) over 4 meters and 350 gpt Silver Equivalent (287 gpt Ag and 1.48% Pb+Zn) over 2 meters

From    To   Interval   *AgEq     Ag    Pb   Zn  Pb+Zn
                                                          (Ag,Pb,Zn)
         Hole ID       Target       (m)    (m)     (m)      (gpt)    (gpt) (%)  (%)    (%)
        DH-105-11 Pit SW Extension 91.00  108.00    17       150      118  0.39 0.37  0.76
        including Pit SW Extension 97.00  99.00     2        350      287  0.82 0.65  1.48
        including Pit SW Extension 103.00 107.00    4        392      310  0.97 0.94  1.91
        DH-106-11 Pit SW Extension 52.00  56.00     4        678      535  2.22 1.07  3.29
        DH-107-11    NE of Pit     273.00 315.00    42        47      20   0.33 0.32  0.65
        DH-107-11    NE of Pit     323.00 372.00    49        62      24   0.39 0.50  0.89
        including    NE of Pit     325.00 345.00    20        90      34   0.51 0.82  1.33
        DH-109-11    NE of Pit     254.00 338.00    84        61      26   0.42 0.40  0.82
        including    NE of Pit     254.00 264.00    10       148      68   1.04 0.81  1.85
        DH-110-11     NE Zone      96.00  167.00    71       297      149  1.41 2.05  3.46
        including     NE Zone      102.00 129.00    27       679      352  3.19 4.47  7.65
        including     NE Zone      102.00 120.00    18       873      471  3.74 5.68  9.42
        including     NE Zone      103.50 108.00   4.5       1146     646  5.29 6.37 11.67
        including     NE Zone      111.00 115.00    4        1060     667  3.67 5.54  9.21

able of the full results:

*Assuming 100% Metallurgical Recovery
        *Prices used in Silver Equivalent (AgEq)
                      Calculations:
           Ag dollars/oz              15
           Zn dollars/lb             0.91
           Pb dollars/lb             0.97

Northeast Zone DH 110 High grade intercept 55 meters up dip of DH 70 which hit 54 meters of 197 gpt Ag Equivalent (92 gpt Ag, 2.47% Pb+Zn) including 16 meters of 492 gpt Ag Equivalent (203 gpt Ag, 6.81% Pb+Zn) About 35 meters on strike of high grade previously released hole DH 88 with 16 meters of 706 gpt Ag Equivalent (370 gpt Ag, 7.79% Pb+Zn)

DH 108 No significant results Drilled 48 meters up dip of previously released DH 95 and 75 meters up dip of high grade DH 88

Southwest Zone DH 105 and 106 both hitting high grade with DH 106 40 meters up dip of DH 105 About 134 meters southwest of Pit Resource boundary Drilled on section with previously announced DH 91 and DH 102 with DH 106 being 85 meters up dip of DH 102 and 210 meters up dip of DH 91 DH 91 hit 86 meters of 57 gpt Ag Equivalent (23 gpt Ag, 0.81% Pb+Zn) including 9 meters of 162 gpt Ag Equivalent (67 gpt Ag, 2.19% Pb+Zn) DH 102 hit 12 meters of 35 gpt Ag Equivalent (12 gpt Ag, 0.54% Pb+Zn) and 2 meters of 318 gpt Ag Equivalent (223 gpt Ag, 2.21% Pb+Zn)

Pit Northeast Extension DH 109 On section with PC 52 About 40 meters northeast of Pit Resource DH 107 Hole deviated to the southwest transversing section about 12 meters down dip of previously released DH 77

The current 25,000 meter in-fill drilling and resource definition program represents the single largest and most expansive drilling campaigns conducted by Kootenay on the Promontorio Silver project to date.

Upcoming drilling will continue to focus on step out and in-fill drilling off setting the numerous silver intercepts concentrated along a 1.0 kilometer long mineralized corridor that includes the Pit Resource, Pit NE Zone, Northeast Zone and Southwest Zone.

QA/QC

All holes reported here were drilled with HQ sized diamond drill core with some sections reduced down to NQ sized core. Core samples were cut using a core saw with 1 to 2 meter long sample intervals. All mineralized intercepts are drill core length drilled across a vertically inclined breccia system at angles of 45 to 70 degrees. Dimensions of the breccia system are being determined. The current resource sits approximately along 140 meters of strike by 60 meters of horizontal width in a range of 20 to 90 meters and to a 400 meter depth. Further Quality Assurance and Control procedures are disclosed on the Kootenay Gold Inc. website.

The foregoing geological disclosure has also been reviewed and verified by Kootenay’s CEO, James McDonald, P.Geo (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. McDonald is a director of Kootenay.