U.S. Rare Earths Inc (UREE)

Description:

U S Rare Earths Inc was incorporated in the State of Delaware on July 27, 1999. The Company changed its corporate domicile to the State of Nevada in December 2007. The Company is a rare earth elements exploration company seeking to identify and ultimately mine commercially-viable sources of domestic rare earth elements. The Company holds over 1,300 mining claims for rare earth elements located on approximately 25,000 acres of land in Colorado, Idaho and Montana. These include the Powderhorn Project in Gunnison, Fremont and Saguache Counties, Colorado, the Lemhi Pass, Diamond Creek, and North Fork Projects in Lemhi County, Idaho, and the Last Chance and Sheep Creek Projects located in Beaverhead and Ravalli Counties, Montana, respectively. The competitors include: Avalon Rare Metals, Inc., Frontier Rare Earths, Inc., Great Western Minerals Corp., Ucore Rare Metals, Inc., and Matamac Explorations, Inc.