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AMERICAN RARE EARTHS LTD - $ARRNF STOCK NEWS

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American Rare Earths Limited (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) has announced exceptional results from the recently completed diamond drilling program at Overton Mountain, located within the broader Halleck Creek Rare Earths Project, Wyoming. The drilling results confirm that the deposit remains open at depth to at least 302 m (990.81 ft) and the assays received exhibit TREO averages 4,478 ppm, significantly higher than the previous resource estimate. The CEO, Donald Swartz, expressed excitement about the potential to upgrade the existing JORC Resource and the future potential given the depth of enrichment. The recent metallurgy results indicate that the Halleck Creek Project is similar to a clay-hosted rare earth deposit when it comes to processing technology, making it easier to process and low in penalty elements of Thorium and Uranium.
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American Rare Earths Limited (ARR) to participate in Morgan Stanley’s Metals & Mining panel on November 30, 2023
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American Rare Earths Limited (ASX: ARR) announces the retirement of long-serving Chairman of the board, Mr. Francis Creagh O’Connor, effective at the Annual General Meeting on November 16, 2023. Mr. Kenneth ‘Ken’ Traub, who joined the Board on August 18, 2023, has become Chairman immediately. The retiring Chairman, Mr. O’Connor, has accepted the title “Chairman Emeritus” and will provide wisdom and guidance to the board. Mr. Traub, with over 30 years of experience, aims to lead the Company forward in maximizing shareholder value and addressing the critical need for rare earth minerals in the United States.
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American Rare Earths announces positive results from metallurgical testing program at Halleck Creek project
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American Rare Earths announces update on autumn exploration drilling and completion of significant mapping and sampling work at Halleck Creek, revealing potential for a larger, higher-grade resource. Summer drilling program confirms rare earth mineralization across a broader area and at a higher grade than previously known. Encouraging results establish Halleck Creek property as potentially the largest US mining play for rare earths.
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American Rare Earths announces changes to US management team, with Mel Sanderson transitioning out of executive role as President of North America and two new business leaders appointed. Joe Evers joins as General Counsel and Jennifer Almquist as Head of Investor Relations. Sanderson will continue as non-executive director and chair the Government and Public Relations and ESG committee. Positive for company's strategic plan and building US presence.
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American Rare Earths announces high-grade field assay results at the Beaver Creek rare earth project in Wyoming. TREO grades range from 5.8% to 13.9% and neodymium + praseodymium grade range from 1% to 2.2%. Land holding increased by 85%. Further exploration activities planned.
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American Rare Earths opens new US headquarters in Denver to strengthen its American presence and proximity to flagship operation in Wyoming.
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American Rare Earths (ASX: ARR) announces drilling program at Halleck Creek to upgrade JORC resource estimates. Program includes 865m in eight core holes and 1,500m in 15 reverse circulation holes. Deposit remains open at depth and width. Company plans additional drilling in surrounding claims. CEO expresses enthusiasm for project's potential and opportunity to reduce dependency on Chinese rare earths.
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American Rare Earths announces the appointment of Mr. Paul Zink to its Board, strengthening its presence in the United States.
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AMERICAN RARE EARTHS LTD

OTC:ARRNF

ARRNF Rankings

ARRNF Stock Data

89.00M
339.02M
25.8%
7.86%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Sydney