Published: December 5, 2023 |

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Demonstrating the vast potential scale of the project, American Rare Earths (ARR) has delivered consistent new rare earth mineralization in contiguous unexplored claims across its Halleck Creek Project in Wyoming.

The results indicate new rare earth mineralization in the County Line and Trail Cree’ areas, with total rare earth oxide (TREO) levels recorded up to 4,691 parts per million (ppm) from surface samples.

Of particular note, high-value magnetic rare earths, specifically neodymium and praseodymium (NdPr), comprise an average of 23 percent of the TREO, consistent with previous findings.

The results highlight the significant upside potential well beyond the current 1.43 billion tonnes JORC resource at the project.

EXPAND MINERALIZED FOOTPRINT

“We are encouraged with these results that significantly expand the mineralized footprint of the project. The deposit remains open at depth and we continue to be impressed with the upside potential; which offers optionality and scalability; as a strategic resource in the United States. We have shown in our work that the mineralization continues to be homogenous and is suitable for low-cost, high-volume extraction,” said ARR CEO Donald Swartz.

“These field assays come on the back of outstanding metallurgical results where recent test work demonstrated the Halleck Creek ore can easily be upgraded to 1-2 percent TREO and is readily leachable using conventional technology — without the complex cracking process necessary in hard rock deposits,” added Swartz.

FORWARD PLAN

In anticipation of further exploration, ARR is set to release drill assay results from a recent development drilling campaign.

Plans are also in place to update the JORC resource in the coming months.

Supplemental sampling, covering approximately 1,827 acres, about 20 percent of the total claims, was conducted as part of the recent fieldwork.

This initiative aims to support test-mine planning and provide a deeper understanding of the project’s extent.

Source: Proactive Investors

American Rare Earths is a leading explorer and developer of rare earth elements with a strong focus on developing sustainable and cost-effective extraction and processing methods. To meet the rapidly increasing demand for resources essential to the clean energy transition, American Rare Earths is developing its 100 percent owned magnet metals projects, Halleck Creek in Wyoming, and La Paz in Arizona, both with the potential to be among North America’s largest rare earth deposits. The company is concurrently evaluating other exploration opportunities while collaborating with U.S. Government supported R&D to develop a sustainable domestic supply chain for the renewable future.

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