DENVER, Sept. 04, 2024 (GLOBE NEWSWIRE) -- American Rare Earths Limited, (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) (“ARR” or the “Company”) is pleased to report productive initial meetings to accelerate development of Halleck Creek, as managed by ARR’s wholly-owned subsidiary, Wyoming Rare (USA) Inc. (WRI). The ARR/WRI Board meetings held in Cheyenne advanced the establishment of WRI as a Wyoming project with Wyoming leadership focused on the development of the Cowboy State Mine at Halleck Creek as
Drill Intercepts includes 299.1 Meters at 4,393 ppm TREOHighlights Assay results for 756 samples from the first 11 core and reverse circulation holes, has been received following the completion of the 2024 drilling campaign.Assays show elevated rare earth mineralization from surface to depths of at least 300m.Significant results include: HC24-RM035: 299.1m @ 4,393 ppm Total Rare Earth Oxides (“TREO”)HC24-RM023: 117.5m @ 4,006 ppm TREOHC24-RM026: 81m @ 3,673 ppm TREOHC24-RM028: 81m @ 3,602 ppm TR
Highlights 11 HQ holes completed with a total length of 1,585m (5,309 feet).12 Reverse Circulation (“RC”) holes completed with a total length of 1,031m (3,381 feet).Two core holes drilled to 300m indicate rare earth mineralization and deposit remaining open at depth.Samples have been collected, logged and shipped to ALS Global for splitting and assay with results expected in the coming weeks.The results of this drill program to be used to update geological models, resource estimate and input for