Highlights: First reimbursement of over US$304,0001 received from the Wyoming Energy Authority grant. Marks significant progress in the development of the Cowboy State Mine at Halleck Creek. Reimbursement supports ongoing initiatives including exploration drilling, environmental studies, and prefeasibility assessments. DENVER, Oct. 22, 2024 -- American Rare Earths is pleased to announce that it has received its first [...]
American Rare Earths Ltd. is pleased to announce the successful completion of the extended 2024 drilling program at its Halleck Creek Rare Earths Project in Albany County, Wyoming. As part of the program extension, five additional reverse circulation drill holes were completed, totalling 837 meters , focused on the western section of the Cowboy State Mine deposit. This area was previously identified as having higher-grade [...]
Highlights Assay results for 12 core and RC holes received following the completion of the 2024 drilling campaign Assays confirm high-grade ore in the western portion of the Cowboy State Mine deposit Significant intercepts include: HC24-RM044: 172.4m @ 3,716 ppm TREO HC24-RM036: 51.0m @ 3,390 ppm TREO HC24-RM040: 30.0m @ 2,203 ppm TREO Additional four drill holes planned to target higher-grade zones into Red Mountain [...]
Highlights Wyoming Rare Inc. has received a non-binding Letter of Interest from the Export-Import Bank of the United States for up to US$456M in a debt financing package for the construction and execution phase of the Cowboy State Mine area at the Halleck Creek Project. The debt financing will have a repayment term of 15 years under EXIM's Make More In America Initiative. EXIM is the official export credit agency of the [...]
American Rare Earths Ltd., is pleased to report productive initial meetings to accelerate development of Halleck Creek, as managed by ARR's wholly-owned subsidiary, Wyoming Rare Inc. . 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 an attractive prospect for US based [...]
Highlights 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 HC24-RM023: 117.5m @ 4,006 ppm TREO HC24-RM026: 81m @ 3,673 ppm TREO HC24-RM028: 81m [...]
Highlights 11 HQ holes completed with a total length of 1,585m . 12 Reverse Circulation holes completed with a total length of 1,031m . 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 [...]
Highlights A new focus on the development of the Halleck Creek Project to enhance shareholder value. 100% owned subsidiary, Wyoming Rare USA Inc., dedicated to developing the Halleck Creek Project. Subsidiary allows for US based investment and partnerships. A Wyoming project with Wyoming leadership to continue with growth trajectory. DENVER, Aug. 12, 2024 -- American Rare Earths Ltd., is pleased to advise that following [...]
Highlights Mapping and sampling across unsampled areas at the new Bluegrass Resource Area completed 40 surface geochemical samples collected and assayed with Total Rare Earth Oxide grades up to 4,815 ppm The Bluegrass and Overton Mountain geology consists of homogenous target mineralized material Reconnaissance scale mapping and sampling across the Sommer's Flat Resource Area performed 48 surface geochemical samples [...]
Highlights ARR 2024 drilling campaign commences at Cowboy State Mine Area for a total of 2,670 m including: 11 core holes planned to drill approximately 1,590 meters 12 reverse circulation holes planned to drill approximately 1,080 meters Drill campaign in the Cowboy State Mine area will upgrade resources, provide additional material for metallurgical test work and data to advance mine planning work towards prefeasibility [...]
Highlights Grant proposal submitted to advance the Cowboy State Mine at Halleck Creek has been approved by the State of Wyoming, USA. The Company will be the recipient of A$10.7 million in non-dilutive funding through a three-year agreement as part of a Matching Funds arrangement. The Funding Agreement includes costs incurred to advance the Cowboy State Mine: Further exploration drilling and bulk sampling on state mineral [...]
American Rare Earths Ltd. CEO Donald Swartz joined Steve Darling from Proactive to announce that the company is preparing to mobilize drillers for a new drilling program set to begin in July. This ambitious project at the Cowboy State Mine will involve drilling approximately 23 holes, covering a total distance of 2,470 meters. American Rare Earths Ltd. is not only focusing on drilling but is also advancing its processing [...]
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