Texas Rare Earth Resources Announces Supplemental Results for Nine Historic Drill Holes at Round Top Mountain

Texas Rare Earth Resources Corp. (OTCQB:TRER), a heavy rare earths
exploration, development and mining company, today announced the rare
earth elements found in its on-going analysis of nine historic drill
holes at its unique Round Top Mountain project.

The averages for the individual rare earth elements and other rare
metals for these holes are listed below. These averages are calculated
from 535 samples aggregating 3,582 linear feet of drill samples.

Marc LeVier, Chief Executive Officer of Texas Rare Earth Resources
Corp., noted, 'These supplemental results provide further confirmation
of our earlier conclusions on the rare earth potential of the Round Top
Project, specifically the size, grade and elemental make-up of the
rhyolite body. The massive tonnage of the Round Top Project along with
the apparent uniform rare earth grades validates our continued
excitement of the potential at Round Top Mountain.?

A study conducted by the Texas Bureau of Geology, published in the
Geological Society of America, Special Paper 246 in 1990, estimated the
size of the rhyolite body to be approximately 1.6 billion metric tons.

Texas Rare Earth Resources, previously announced on March 28, 2011, the
total rare earth values and heavy rare earth percentages for these nine
historic drill holes it has continues to analyze. These drill holes,
which penetrated the entire thickness of the mineralized rhyolite body,
were widely distributed roughly defining an area of 6,000 feet by 4,000
feet within its approximate 7,000 foot known diameter. The percentage of
rare earth elements within the drill hole data was found to be in the
range of 69% to 71%, with the median being 70.5%.

Forward-Looking Information

This press release may contain forward-looking statements about the
business, financial condition and prospects of the Company.
Forward-looking statements, can be identified by the use of forward
looking terminology such as 'believes,' 'projects,' 'expects,?
'potential,? 'size, grade and elemental make-up,? 'massive tonnage,?
'may,' 'goal,' 'estimates,' 'should,' 'likelihood,' 'plans,' 'targets,'
'intends,' 'could,' or 'anticipates,' or the negative thereof, or other
variations thereon, or comparable terminology, or by discussions of
strategy or objectives. Forward-looking statements relate to anticipated
or expected events, activities, trends or results. Because
forward-looking statements relate to matters that have not yet occurred,
these statements are inherently subject to risks and uncertainties.
These statements are made to provide the public with management's
current assessment of the Company's business. Although the Company
believes that the expectations reflected in forward-looking statements
are reasonable, there can be no assurances that such expectations will
prove to be accurate. Security holders are cautioned that such
forward-looking statements involve risks and uncertainties. The
forward-looking statements contained in this press release speak only as
of the date of this press release and the Company expressly disclaims
any obligation or undertaking to report any updates or revisions to any
such statement to reflect any change in the Company's expectations or
any change in events, conditions or circumstances on which any such
statement is based. Certain factors may cause results to differ
materially from those anticipated by some of the statements made in this
press release.

About Texas Rare Earth

Texas Rare Earth Resources Corp.'s primary focus is developing its Round
Top Mountain rare earth?beryllium-uranium project which also includes
niobium, tantalum and gallium. Round Top is located in Hudspeth County,
Texas, 85 miles east of El Paso. Independently published data indicates
the property may contain more than one billion metric tons of rhyolite
containing rare earths with a 67% ratio of heavy to light rare earths.
Prior exploratory work also indicates what management believes to be a
potentially large high-grade beryllium resource. Uranium is present in
the deposit and preliminary sampling shows grades of over 1% U exposed
in the mine. Texas Rare Earth's common stock trades on the OTCQB Market
tier under the symbol 'TRER.?

For more information on Texas Rare Earth Resources Corp., visit
its website at http://www.texasrareearth.com.

Company:

Texas Rare Earth Resources Corp.

Marc LeVier,
303-507-3842

Chief Executive Officer

mlevier@texasrareearth.com

or

Investor
Relations:

Kei Advisors LLC

Deborah K. Pawlowski,
716-843-3908

dpawlowski@keiadvisors.com