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Rare Element Resources Ltd., an exploration stage company, through its subsidiary, Rare Element Holdings Ltd., engages in the acquisition, exploration, and development of mineral properties. The company explores for gold and rare earth elements. It principally holds a 100% interest in the Bear Lodge Property that comprises the Bear Lodge REE project and the Sundance gold project located in Crook County, Wyoming. The company is based in Lakewood, Colorado.
The company's key asset is its large, 100%-owned, advanced exploration stage Rainy River gold project, hosting a NI43-101 compliant gold resource of 1.2 Moz Measured, 5.0 Moz indicated and 2.3 Moz inferred. Rainy River Resources is listed on the Toronto Stock Exchange main board under the symbol "RR". The company graduated to the main board on September 28, 2011 from the TSX Venture Exchange, where it had been listed since June 15, 2005.
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