Through the Collaboration with U.S. Department of Energy and Virginia Tech, ARR presents positive results from a metallurgical leaching study on extraction of Rare Earth Elements from Halleck CreekHighlightsTwo independent, peer reviewed, technical studies were recently published that further illustrate the economic potential of Halleck Creek: Minerals Engineering – (Liu, et. al., 2024) 80% of Rare Earth Elements (“REE”s) extracted with low temperature, direct acid leaching.Fast leaching kinetic
Highlights Surface samples of up to 6,221 ppm TREO (64% increase to mine planning), revealed potential for a larger, higher grade REE resource area in the Cowboy State mine areaMine planning averaged 3,805 ppm TREO1 in recent scoping studyHigh value magnetic rare earths (MREO) average 27% of TREOThe mapping and sampling will support future higher-grade resource drilling DENVER, April 10, 2024 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) the ‘Company’ today anno
Sensitivity -40%/+20% Pre-Tax NPV at 10% Pre-Tax 3Mtpa Case NPV at 10% (MUSD): 505M Sensitivity -40%/+20% Pre-Tax IRR Pre-Tax 3Mtpa Case IRR: 22.5% DENVER, March 18, 2024 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | OTCQX: ARRNF and AMRRY) (“ARR” or the “Company”) is pleased to announce the results of the “Halleck Creek Scoping Study Technical Report” (“Study”) compiled by Stantec Consulting Services Inc (Stantec - an independent engineering consulting firm). Located in the major mining