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American Rare Earths Ltd (ARRNF) is a leading rare earth elements company with strategic projects at Halleck Creek in Wyoming and La Paz in Arizona. The company collaborates with the U.S. Department of Energy and Virginia Tech on metallurgical studies to extract REE from ore. Recent results indicate high REE recovery at low temperatures, validating project assumptions and lowering operating costs. Allanite, the primary REE-bearing mineral, shows promise due to its low crystallinity, enhancing leachability. ARR is well-positioned to benefit from U.S. tariff policy changes, aiming to meet the demand for locally sourced critical minerals. The company's focus on sustainable extraction and processing methods aligns with the clean energy transition.
American Rare Earths (OTCQB: ARRNF) has reported promising assay results from its Halleck Creek Rare Earths project in Wyoming. Results from 600 samples across six reverse circulation drill holes confirm rare earth mineralization extending to 175.5 meters, 75.5% deeper than previous targets. Notably, 27% of the rare earths comprise highly valuable magnetic elements. Significant intercepts include 4,303 ppm over 169.5 meters and 6,948 ppm over 37.5 meters. The current assay results bolster the potential for a large-scale resource, reinforcing the project's viability in meeting growing demand in the rare earth market, projected to reach US$20 billion by the mid-2020s.
American Rare Earths (ASX:ARR | OTCQB:ARRNF | FSE:1BHA) has announced assay results from the Halleck Creek Rare Earths project in Wyoming, showing significant concentrations of rare earth minerals.
Key results include up to 8,359 ppm Total Rare Earth Oxide (TREO) values, with mineralization confirmed at 150 meters deep—a 50% increase from prior drilling. Notable drill results include 4,394 ppm TREO over 120 meters. These findings enhance the potential for a substantial maiden JORC resource.
Assays indicate that magnetic rare earth oxides represent about 27% of total rare earths, with low levels of thorium and uranium.
American Rare Earths has expanded its mineral claims by 26% with the addition of the County Line prospect in Wyoming, encompassing 2,113 acres that increases the total controlled area to 8,165 acres.
This strategic move aims to support the onshoring of rare earth materials crucial for national security. The company plans extensive exploration activities this spring following snow clearance, focusing on developing a significant JORC Resource.
Management emphasizes the importance of sourcing these materials sustainably, leveraging the Halleck Creek district's low thorium and uranium levels to mitigate environmental impact.
American Rare Earths has appointed Melissa Sanderson as the new President of North America, succeeding Marty Weems. Sanderson brings over 30 years of experience in mining and diplomacy, including significant roles at Freeport-McMoRan and the US State Department. She is expected to enhance partnerships with government agencies, particularly given her experience in ESG and diplomacy. The company operates the Halleck Creek Rare Earth Project in Wyoming, which is estimated to contain over one billion tonnes of ore, making it a significant asset in the rare earth sector. The company's mission is to establish a domestic supply chain for critical materials as the global rare earth market grows.
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