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home / news releases / ARR - American Rare Earths CEO reveals encouraging results from Halleck Creek Project in Wyoming


ARR - American Rare Earths CEO reveals encouraging results from Halleck Creek Project in Wyoming

(NewsDirect)

American Rare Earths CEO Donald Swartzdiscusses promising assay results from the Halleck Creek project inWyoming in an interview with Proactive's Stephen Gunnion.

Swartz emphasized the project's vastpotential, with only 25% of mineralization traditionally explored. Therecent drilling campaign revealed positive results, indicatingpotential beyond the current JORC resource.

Swartz anticipates an upgrade to theresource model and a new JORC update by January or the first quarter.

Metallurgical advancements are afocus, highlighting the non-refractory nature of the deposit, enablingconventional leaching for rare earth element recovery.

As the company moves towards an updatedJORC, a scoping study is underway with Stantec, following theengagement of Perth-based metallurgy consultants.

Swartz also discussed the company'snew chairman Ken Traub, bringing over 30 years of US public companyexperience.

American Rare EarthsLtd is developing its 100% owned magnet metals projects, La Paz inArizona, and Halleck Creek in Wyoming.

Both have the potentialto be among the largest, rare earths deposits in NorthAmerica.

Contact Details

Proactive USA

+1347-449-0879

na-editorial@proactiveinvestors.com

Copyright (c) 2023 TheNewswire - All rights reserved.

Stock Information

Company Name: ARMOUR Residential REIT Inc.
Stock Symbol: ARR
Market: NYSE
Website: armourreit.com

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