Argyle Resources Corp. Announces Filing of 21 Mineral Lode Claims In Crook County, Wyoming
Argyle Resources Corp. (OTCQB: ARLYF) has announced the filing of 21 mineral lode claims through its exploration partner Rangefront Mining Services with the U.S. Bureau of Land Management in Crook County, Wyoming. The claims, collectively named the Sundance Bear Lodge REE Project, are strategically located in the historic Bear Lodge Mining District.
The Bear Lodge Mining District has been active since 1875 and is known for various minerals including gold, rare earth elements (REEs), and other valuable minerals. Notably, the area hosts the Bear Lodge Critical Rare Earth Project owned by Rare Element Resources Ltd., which has received a non-binding LOI from EXIM for potential debt financing of up to $553 million.
The claims are currently under BLM application processing, with finalization expected within approximately six weeks.
Argyle Resources Corp. (OTCQB: ARLYF) ha annunciato la presentazione di 21 concessioni minerarie tramite il suo partner di esplorazione Rangefront Mining Services presso l'Ufficio per la Gestione delle Terre degli Stati Uniti nella contea di Crook, Wyoming. Le concessioni, denominate collettivamente Progetto Sundance Bear Lodge REE, sono situate strategicamente nel storico distretto minerario di Bear Lodge.
Il distretto minerario di Bear Lodge è attivo dal 1875 ed è noto per vari minerali, tra cui oro, terre rare (REE) e altri minerali preziosi. In particolare, l'area ospita il Bear Lodge Critical Rare Earth Project di proprietà di Rare Element Resources Ltd., che ha ricevuto una lettera di intenti non vincolante da EXIM per un possibile finanziamento a debito fino a 553 milioni di dollari.
Le concessioni sono attualmente in fase di elaborazione presso il BLM, con finalizzazione prevista entro circa sei settimane.
Argyle Resources Corp. (OTCQB: ARLYF) ha anunciado la presentación de 21 concesiones mineras a través de su socio de exploración Rangefront Mining Services ante la Oficina de Administración de Tierras de EE.UU. en el condado de Crook, Wyoming. Las concesiones, denominadas colectivamente como el Proyecto Sundance Bear Lodge REE, están estratégicamente ubicadas en el histórico Distrito Minero Bear Lodge.
El Distrito Minero Bear Lodge ha estado activo desde 1875 y es conocido por diversos minerales, incluyendo oro, elementos de tierras raras (REE) y otros minerales valiosos. Destaca que en la zona se encuentra el Bear Lodge Critical Rare Earth Project, propiedad de Rare Element Resources Ltd., que ha recibido una carta de intención no vinculante de EXIM para un posible financiamiento de deuda de hasta 553 millones de dólares.
Las concesiones están actualmente en proceso de solicitud ante el BLM, con una finalización esperada en aproximadamente seis semanas.
Argyle Resources Corp. (OTCQB: ARLYF)는 탐사 파트너인 Rangefront Mining Services를 통해 와이오밍주 크룩 카운티의 미국 토지관리국(US Bureau of Land Management)에 21개의 광상 채굴권을 신청했다고 발표했습니다. 이 채굴권들은 Sundance Bear Lodge REE 프로젝트라는 이름으로 통합되어 역사적인 Bear Lodge 광산 지구에 전략적으로 위치해 있습니다.
Bear Lodge 광산 지구는 1875년부터 활동해 왔으며 금, 희토류 원소(REE), 기타 귀중한 광물들로 알려져 있습니다. 특히 이 지역에는 Rare Element Resources Ltd.가 소유한 Bear Lodge Critical Rare Earth 프로젝트가 있으며, EXIM으로부터 최대 5억 5,530만 달러 규모의 비구속적 의향서(LOI)를 받아 잠재적 부채 금융을 모색 중입니다.
현재 이 채굴권들은 BLM 신청 절차가 진행 중이며, 약 6주 내에 최종 확정될 예정입니다.
Argyle Resources Corp. (OTCQB : ARLYF) a annoncé le dépôt de 21 concessions minières via son partenaire d'exploration Rangefront Mining Services auprès du Bureau de gestion des terres des États-Unis dans le comté de Crook, Wyoming. Ces concessions, regroupées sous le nom de Projet Sundance Bear Lodge REE, sont stratégiquement situées dans le district minier historique de Bear Lodge.
Le district minier de Bear Lodge est actif depuis 1875 et est connu pour divers minéraux, notamment l'or, les éléments de terres rares (REE) et d'autres minéraux précieux. Notamment, la zone abrite le Bear Lodge Critical Rare Earth Project détenu par Rare Element Resources Ltd., qui a reçu une lettre d'intention non contraignante d'EXIM pour un financement par dette potentiel allant jusqu'à 553 millions de dollars.
Les concessions sont actuellement en cours de traitement auprès du BLM, avec une finalisation prévue dans environ six semaines.
Argyle Resources Corp. (OTCQB: ARLYF) hat die Einreichung von 21 Mineral-Liegenschaftsansprüchen über seinen Erkundungspartner Rangefront Mining Services beim U.S. Bureau of Land Management im Crook County, Wyoming, bekannt gegeben. Die Ansprüche, zusammengefasst als Sundance Bear Lodge REE Projekt, befinden sich strategisch im historischen Bear Lodge Mining District.
Der Bear Lodge Mining District ist seit 1875 aktiv und bekannt für verschiedene Mineralien, darunter Gold, Seltene Erden (REE) und andere wertvolle Mineralien. Bemerkenswert ist, dass sich in der Gegend das Bear Lodge Critical Rare Earth Project befindet, das Rare Element Resources Ltd. gehört und von EXIM ein unverbindliches LOI für eine potenzielle Fremdfinanzierung von bis zu 553 Millionen US-Dollar erhalten hat.
Die Ansprüche befinden sich derzeit im Antragsverfahren beim BLM, mit einer voraussichtlichen Fertigstellung innerhalb von etwa sechs Wochen.
- Strategic location in the historically productive Bear Lodge Mining District
- Proximity to Bear Lodge Critical Rare Earth Project, which has received potential $553M debt financing LOI
- Diversification of company's mineral asset portfolio in a region known for REEs
- Claims are still pending BLM approval
- Early-stage project with no resource estimates or proven reserves
- Will require significant exploration work to determine economic viability
Calgary, Alberta--(Newsfile Corp. - July 3, 2025) - Argyle Resources Corp. (CSE: ARGL) (OTCQB: ARLYF) (FSE: ME0) ("Argyle" or the "Company") is pleased to announce that its exploration partner, Rangefront Mining Services ("Rangefront"), has filed 21 mineral lode claims on the Company's behalf with the U.S. Bureau of Land Management ("BLM") in Crook County, near Sundance, Wyoming. The Company is naming these consolidated claim blocks, the Sundance Bear Lodge REE Project.
Figure 1: Property Location Map of the Sundance Bear Lodge REE Project
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10451/257619_4cd5ff188476ab27_001full.jpg
The newly staked claims are strategically located in the Bear Lodge Mining District. The Bear Lodge Mining District, located in Crook County in northeast Wyoming, has been an active mining region since the discovery of gold in 1875 near Warren Peak. Exploration activity in the district has historically targeted gold, rare earth elements (REEs), barium, copper, lead, zinc, manganese, niobium, tantalum, thorium, fluorine, and phosphate1.
Most notably within the Bear Lodge Mining District, is the Bear Lodge Critical Rare Earth Project owned by Rare Element Resources Ltd. The Bear Lodge Critical Rare Earth Project has a 2024 Resource Estimate with economic grades and tonnage and plans to proceed with mine development. Rare Element Resources Ltd. has also received a non-binding LOI from the Export-Import Bank of the United States ("EXIM") for debt financing for the Bear Lodge Project for up to
Figure 2: Property Location Map Showing Active Mining Claims
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10451/257619_4cd5ff188476ab27_002full.jpg
The 21 lode claims have been submitted to the BLM for application processing, with finalization expected within approximately six weeks. Argyle and Rangefront will continue to evaluate the potential of the claims and explore opportunities to advance the project in alignment with the Company's strategic growth initiatives.
"We are excited about the acquisition of these new claims, which add to our expanding portfolio of mineral assets," said Jeff Stevens, CEO of Argyle Resources Corp. "The historical mining activity in the region, coupled with our technical team's expertise, presents a strong opportunity to unlock value from these properties."
The Company will provide further updates as the permitting process advances and as exploration activities commence on the claims.
George Yordanov, P.Geo., Director, reviewed and approved the scientific and technical information disclosed in this press release, acting as the Company's Qualified Person as defined by National Instrument 43-101.
About Rangefront Mining Services
Rangefront Mining Services is a leading provider of geological and exploration services, specializing in claim staking, permitting, and mineral assessment to support mining companies in advancing their projects.
About Argyle Resources Corp.
Argyle Resources Corp. is a junior mineral exploration company engaged in acquiring, exploring, staking, and evaluating natural resource properties in North America. The Company holds
ON BEHALF OF THE BOARD OF DIRECTORS
'Jeffrey Stevens'
President & CEO
For all other inquiries:
Email: info@argylresourcescorp.com
Phone: (825) 724-0033
Website: www.argyleresourcescorp.com
Forward-Looking Statements
All statements included in this press release that address activities, events or developments that Argyle expects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements may involve, but are not limited to, statements with respect to the exploration and development of the Company's mineral properties and the use of proceeds from the Offering. These forward-looking statements involve numerous assumptions made by Argyle based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond Argyle's control. Readers should not place undue reliance on forward-looking statements. Except as required by law, Argyle does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.
Neither the Canadian Securities Exchange nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this news release.
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1 https://main.wsgs.wyo.gov/mineral-resources/metals/mining-districts/bear-lodge-mountains
2 https://www.rareelementresources.com/rare-element-resources-announces-exim-letter-of-interest-for-bear-lodge-project-funding/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257619
FAQ
What mineral claims did Argyle Resources (ARLYF) file in Wyoming?
Where are Argyle Resources' new mineral claims located?
When will Argyle Resources' BLM claims be finalized?
What minerals have been historically found in the Bear Lodge Mining District?
How much potential financing has been offered for the nearby Bear Lodge Critical Rare Earth Project?
