Exploration Grows at Wyoming Rare Earths Project
Friday, April 29, 2022
PHOENIX, April 27, 2022 (GLOBE NEWSWIRE) -- American Rare Earths Limited (ASX: ARR, OTCQB: ARRNF, FSE: 1BHA) (ARR or 'the Company') is exploring a potentially massive, rare earths minerals deposit in Albany County, Wyoming. The Company staked 181 additional mining claims covering an area of approximately 2,944 acres. The Company has announced results from surface sampling that revealed an expanded area of elevated Total Rare Earth Oxides (TREO). The results could indicate a larger mineral deposit than initially anticipated. See the technical report, full announcement and legal disclaimers here.
- Potentially massive Rare Earths mineral discovery in Wyoming has been expanded
- Results from 118 surface samples led the Company to increase the project area
- 181 mining claims covering 2,944 acres were added to the project
- Drilling results due June 2022 from the Halleck Creek Rare Earths Project
The growth brings the Project to over 6,000 acres in Albany and Platte Counties combined. The company has additional projects in Arizona and Nevada. Totaling over 13 thousand acres under exploration, the Company's holdings are believed to have the potential to be one of the largest suites of Rare Earths projects in the United States.
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