Texas Rare Earth Resources to Participate at REE World′s Technology Metals Summit 2012

Texas Rare Earth Resources Corp. (OTCQB: TRER), a minerals exploration
and development company, announced today that the Company will be
exhibiting at the Technology Metals Summit 2012, hosted by REE World, at
the Hyatt Regency in Toronto, Ontario, Canada February 1-2, 2012.

K. Marc LeVier, Chief Executive Officer, and Stanley Korzeb, Vice
President of Exploration, will also participate in panel discussions on
Wednesday, February 1. Mr. LeVier will serve on a panel to discuss REEs
in the U.S.A, while Mr. Korzeb′s panel will discuss The World′s
Greatest REE Supply Debate.

In addition, Mr. Levier will host a corporate presentation on Thursday,
February 2, beginning at 2:00 PM ET in Regency Salon D.

About Texas Rare Earth Resources

Texas Rare Earth Resources Corp.'s primary focus is exploring and
developing its Round Top rare earth minerals project. The Round Top
project is located in Hudspeth County, Texas, 85 miles east of El Paso,
Texas. Independently published data indicates the property may contain
over 1 billion metric tons of Rhyolite host rock containing rare earth
minerals with potentially a 70% ratio of heavy to total rare earth
minerals. Prior exploratory work also indicates what the Company
believes to be a potentially large, high-grade beryllium mineralization.
Uranium mineralization is also present in the deposit. The Company′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.trer.com.

Cautionary Note to U.S. Investors

The United States Securities and Exchange Commission ('SEC?) limits
disclosure for U.S. reporting purposes to mineral deposits that a
company can economically and legally extract or produce. Our Round Top
rare earth-beryllium-uranium project currently does not contain any
known proven or probable ore reserves under SEC reporting standards and
our reference above to the metric tons of rhyolite contained at the
project is a reference only to estimated in-place tonnage. U.S.
investors are urged to consider closely the disclosure in our latest
reports and registration statements filed with the SEC. You can review
and obtain copies of these filings at http://www.sec.gov/edgar.shtml.

Forward-Looking Statements

This press release contains forward-looking statements within the
meaning of the U.S. Securities Act of 1933, as amended, and U.S.
Securities Exchange Act of 1934, as amended. All statements, other than
statements of historical facts, included in this press release that
address activities, events or developments that Texas Rare Earth
Resources expects or anticipates will or may occur in the future,
including such things as estimates of mineralized material, the
potential ratio of heavy to total rare earth minerals present at the
Round Top project, the number of metric tons of rhyolite contained at
the Round Top project and other such similar matters are forward-looking
statements. When used in this press release, the words 'potential?,
'indicate?, 'expect?, 'intend?, 'hopes,? 'believe,? 'may,? 'will,? 'if,
'anticipate? and similar expressions are intended to identify
forward-looking statements. These statements involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of Texas Rare Earth Resources to be
materially different from any future results, performance or
achievements expressed or implied by such statements. Such factors
include, among others, uncertainty of mineralized material estimates,
risks related to fluctuations in the price of rare earth minerals, the
inherently hazardous nature of mining-related activities, potential
effects on Texas Rare Earth Resource′s operations of environmental
regulations, risks due to legal proceedings, risks related to
uncertainty of being able to raise capital on favorable terms or at all,
as well as those factors discussed under the heading 'Risk Factors? in
Texas Rare Earth Resource′s latest annual report on Form 10-K as filed
on November 22, , 2011,and other documents filed with the U.S.
Securities and Exchange Commission. Although Texas Rare Earth Resources
has attempted to identify important factors that could cause actual
results to differ materially from those described in forward-looking
statements, there may be other factors that cause results not to be as
anticipated, estimated or intended. Except as required by law, Texas
Rare Earth Resources assumes no obligation to publicly update any
forward-looking statements, whether as a result of new information,
future events or otherwise.

Texas Rare Earth Resources Corp.

Nadine Wakely, 303-597-8737

Director,
Investor Relations

nwakely@trer.com