Current United States Geological Survey (USGS) and the Government Accountability Office (GAO) reports show that U.S. Rare Earths, Inc. owns the mineral rights to one of the major deposits of rare earth elements (REE) in the United States.

The Government Accountability Office issued a report documenting that China, supplier of 97% of the world’s rare earths, dominates the supply of rare earth materials crucial to the U.S. defense, computer and renewable energy sectors. The report, commissioned by Congress, resulted from concerns that China could reduce the rare earth materials supply, curbing U.S. production of guided missiles and other defense weapons as well as commercial products such as computer hard drives, cell phones, MRI machines, hybrid autos and wind turbines, among other sophisticated technologies that employ rare earth materials.

U.S. Rare Earths, Inc. Chief Executive Officer Edward Cowle was quoted in various media reports as saying; “The GAO report is a timely warning that the U.S. needs to ramp up its domestic production of both light and heavy rare earths immediately. Idaho, Montana and Colorado were mentioned in the GAO report as states where there was an availability of rare earths. These are the states where U.S. Rare Earths, Inc. owns the mineral rights to the light and heavy rare earths referenced in the latest U.S.G.S. reports.

Rare earths are essential raw materials used in nearly all sustainable energy technologies and a wide spectrum of defense applications. Our rare earth deposits could help supply the projected demand of the United States military and civilian green industries and would assist in eliminating the dependence the United States currently has on Chinese sources.” And, Tech News Daily quoted Cowle on April 14 as follows;  “Perhaps the likeliest source of heavy rare earth elements in the U.S. comes from the deposit at Diamond Creek, Idaho, owned by U.S. Rare Earths, Inc. The USGS also lists some heavy rare earth elements at the company's Lemhi Pass deposits on the Idaho - Montana border.”

U.S. Rare Earths, Inc.’s newly staked properties in Diamond Creek contain relatively high concentrations of total rare earths (4.7%), with a significant amount of heavy rare earths (in excess of 1%). The reserves also contain high neodymium content (1.4%).

 According to James Hedrick, former USGS rare earths commodity specialist, the world currently has only one principal source of these elements, the People’s Republic of China. However, China recently indicated it is considering stopping the export of the heavy rare earths, which are the specific critical metals for producing high temperature-operating permanent magnets.

“Even the possibility of such a supply interruption,” he added, “has already caused a crisis that has highlighted our dependence for the security of our supply of the heavy rare earths on an economic competitor.”

In addition, Hedrick said, “U.S. Rare Earths’ analytical data indicates that it is the only domestic resource that has significant heavy rare earths.” 

The USGS now recognizes U.S. Rare Earths Inc.’s REE deposits in Idaho, Montana and Colorado as one of a select group of economically viable deposits that is outside of Chinese control.

To our knowledge, U.S. Rare Earths, Inc. is the only significant rare earth venture in the United States that is entirely owned, financed and operated by U.S. citizens. The Diamond Creek and Lemhi Pass properties have no previous environmental or regulatory citations and the state of Idaho is amenable to new mining endeavors. (Note) The Actlabs Group of companies provides U.S. Rare Earths analytical services for www.actlabs.com/ 

Some of the important advantages of the US Rare Earths, Inc, resource include:
Access to roads and power
Location--Continental US (Colorado, Idaho, and Montana)
Political support for USRE projects
US Government, Industry and Wall Street awareness
Strong historical and current data
Experienced geological team
Recognized brand name
Negligible chance of any significant new US rare earth  discoveries

In a interview, published on November 23, 2009 , with Ed Cowle and Jack Lifton (Founding Editor of the Jack Lifton Report), Gareth P. Hatch, Ph.D. Founding Editor of the Blog Terra Magnetica and Director of Technology for Dexter Magnetic Technologies, Inc., asked Mr. Lifton if he would talk about some of the key characteristics of U.S. Rare Earths, Inc’s deposits.  One of Mr. Lifton’s comments was; "The fact that the Diamond Creek deposits are 4% with a significant amount of heavy rare earths, places them, in my opinion, right in the forefront of the world rare earth deposits. The Diamond Creek property is the most accessible, undeveloped rare earth resource, with significant heavies, that there is in North America today. The Diamond Creek and Lemhi Pass properties are easily accessible to roads, power, and water. The best place to focus now is Diamond Creek"
(http://www.terramagnetica.com/2009/11/23/us-rare-earths-inc-a-discussion-with-ed-cowle-and-jack-lifton/).