Great American Energy, Inc. reported on progress made on the company's 2013 exploration program for its Bear Creek Rare Earth Project in British Columbia (BC), Canada. The Phase I program's scope is designed to better determine the project's resource and production potential. The Phase I exploration program will build on property data accumulated through a collection of significant assay samples completed over the past several years.

The samples were taken from the base of 1 of 2 outcroppings on the Bear Creek property. The outcropping in question is approximately 100 meters high by 400 meters wide. The program is designed to determine the scale of the total outcropping as well as the 3 targets to the north.

Once the total size and mass of the outcroppings are determined, the company will then locate drill targets to determine the depth of the potential ore body. Once the total mass of the ore body is determined, the resulting data will be used to calculate the potential valuation of the property. The proposed due date for total completion of Phase I is June 1, 2013.