Ucore Rare Metals Inc. announced with immense sadness the passing of Ken Collison, the company's Chief Operating Officer. Ken's duties with the company will be shared by existing staff and consultants. Randy MacGillivray, Vice President Project Development will take full responsibility for the Bokan Mountain project, and Steven Izatt, President & CEO of the Company's partner IBC Advanced Technologies, will lead the company's efforts with respect to the development of molecular recognition technology.