ARR - American Rare Earths completes deeper drill hole as program continues in Overton Mountain area
(NewsDirect)
American Rare Earths CEO Donald Swartzjoined Steve Darling from Proactive to share an update regarding thecompany's exploration efforts and significant mapping and samplingwork at Halleck Creek.
Thecomprehensive summer initiative has unveiled the potential for alarger and higher-grade rare earth element (REE) resource at HalleckCreek. The sampling program included the analysis of 189 surfacesamples via XRF (X-ray fluorescence), with 52 samples sent forconfirmatory assay analysis in high-grade target mining areas.
Swartz also shared that the company hassuccessfully completed a core hole to a depth of 305 meters,demonstrating the presence of rare earth element mineralizationthroughout, as detected by XRF analysis. This depth significantlyexceeds previous drilling, which was limited to less than 175meters.
Importantly, the depositremains open at depth. With GPS-confirmed geology, the company'sstaff geologists are optimizing future drillhole locations,establishing JORC (Joint Ore Reserves Committee) exploration targets,and determining the placement of conceptual mine layouts andfacilities.
These developments signify American RareEarths' dedication to advancing its rare earth element projectsand expanding its resource base.
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