(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.
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