Welcome to our dedicated page for American Rare Earths news (Ticker: ARRNF), a resource for investors and traders seeking the latest updates and insights on American Rare Earths stock.
American Rare Earths Limited (ARRNF) provides critical updates on rare earth exploration and domestic mineral security through its Wyoming-based Halleck Creek Project. This news hub delivers official announcements, operational milestones, and strategic developments essential for understanding the company's role in reshaping U.S. critical mineral supply chains.
Investors and industry observers will find timely updates on resource estimates, permitting progress, and technological advancements in rare earth processing. The curated collection includes earnings reports, partnership announcements, and regulatory filings that demonstrate ARRNF's commitment to transparent operations in the mining sector.
Key focus areas include JORC-compliant resource updates, open-pit mining innovations, and stakeholder engagement initiatives. All content undergoes strict verification to ensure accuracy and relevance for those tracking domestic rare earth development and mineral independence strategies.
Bookmark this page for direct access to primary source materials from American Rare Earths Limited. Regularly updated content provides insights into operational efficiencies, state collaborations, and long-term resource development plans critical for informed market analysis.
American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) has announced that its subsidiary, Wyoming Rare (USA) Inc., received a non-binding Letter of Interest from the Export-Import Bank of the United States (EXIM) for a debt funding package of up to US$456 million. This funding is intended for the construction and execution phase of the Cowboy State Mine area at the Halleck Creek Project in Wyoming.
The debt financing will have a 15-year repayment term under EXIM's Make More In America Initiative. The Halleck Creek deposit has a 2.34 billion tonne JORC resource, containing 7.48 million tonnes of total rare earth oxides, including key magnet metals like Neodymium and Praseodymium oxides. This project is seen as the first step in a multi-phase approach to developing the Halleck Creek deposit, which has the potential to be a multi-generational rare earths asset for the U.S.
American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) held productive initial meetings to accelerate the development of the Halleck Creek project through its wholly-owned subsidiary, Wyoming Rare (USA) Inc. (WRI). The ARR/WRI Board meetings in Cheyenne focused on establishing WRI as a Wyoming-based project with local leadership for the Cowboy State Mine. A special reception was held with Wyoming stakeholders, including business people, ranchers, community members, and elected officials.
The company recently secured a US$7.1 million non-dilutive grant from the State of Wyoming for the Cowboy State Mine. WRI plans to strengthen its operational team and continue project development through further exploration, baseline permitting, and metallurgical test work to update resource estimates over the coming year.
American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) has announced outstanding drill results from its 2024 drilling campaign at the Cowboy State Mine (CSM) area of Wyoming Rare (USA) Inc. Key highlights include:
- Drill hole HC24-RM035: 299.1m @ 4,393 ppm Total Rare Earth Oxides (TREO)
- HC24-RM023: 117.5m @ 4,006 ppm TREO
- Elevated rare earth mineralization from surface to depths of at least 300m
- Deposit remains open at depth
The results will be used to update geological models, resource estimates, and contribute to the upcoming Prefeasibility Study (PFS). CEO Chris Gibbs emphasized the upside potential of the Halleck Creek district and the opportunity to rapidly advance the project with Wyoming State support.
American Rare Earths (ASX: ARR | OTCQX: ARRNF) has completed its 2024 drilling campaign at the Cowboy State Mine area. The program included 12 RC holes (1,031m) and 11 HQ core holes (1,585m), with two core holes reaching 300m depths. A total of 1,348 samples were collected and sent for assay. The drilling results will be used to update geological models, resource estimates, and contribute to the upcoming Prefeasibility Study (PFS).
CEO Chris Gibbs highlighted the exciting potential of this world-class deposit, noting mineralization observed to depths of at least 302m. The company aims to develop the Cowboy State Mine as part of the larger Halleck Creek District in Wyoming. American Rare Earths is focused on creating sustainable rare earth projects in North America to meet the increasing demand for resources essential to clean energy transition and US national security.
American Rare Earths (ASX: ARR | OTCQX: ARRNF) has announced a strategic shift to accelerate the development of its Halleck Creek Project in Wyoming. The company has created a 100% owned subsidiary, Wyoming Rare USA Inc. (WRI), dedicated to developing the project. This move aims to enhance shareholder value and make the project more accessible to major US investors.
Key points:
- WRI will focus on developing the Cowboy State Mine on Wyoming State Tenements
- A recent Scoping Study showed an NPV of US$673.9m, IRR of 22.5%, and payback period of 2.9 years
- New leadership appointments include Sten Gustafson as WRI Chairman and Joe Evers as WRI President
- Chris Gibbs will be appointed as CEO of ARR
The company aims to position Halleck Creek as a strategic resource for US markets and accelerate its development.
American Rare Earths (ASX: ARR | OTCQX: ARRNF) has announced promising results from surface geochemistry sampling at its Halleck Creek Rare Earths project. The company collected 88 surface samples across previously unmapped or sparsely mapped expansion areas, including Bluegrass, northern Overton Mountain, and Sommers Flat Area.
Key findings include:
- Total Rare Earth Oxide (TREO) grades up to 5,280 ppm
- Most samples at Overton Mountain and Bluegrass show TREO values exceeding 2,770 ppm
- Four samples exceeded 4,000 ppm TREO
The results demonstrate the upside potential of the Halleck Creek district, with the Bluegrass area identified as a high-priority exploration/expansion target for 2024-2025.
American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) has commenced its 2024 drilling campaign at the Cowboy State Mine (CSM) area. The program includes 23 holes (11 core and 12 reverse circulation) for a total of 2,670 meters. This in-fill drilling aims to upgrade resource estimates, provide data for pit design, environmental studies, and collect samples for metallurgical testing.
The campaign, partnering with FTE Drilling, is expected to last 6-8 weeks. Key objectives include upgrading resources to measured and indicated status, expanding resources at depth and to the west, and collecting samples for various tests. The data will be used to update geological resource models for prefeasibility studies of the CSM area.
American Rare Earths has been awarded A$10.7 million (US$7.1 million) in non-dilutive funding from the State of Wyoming to advance its Cowboy State Mine at Halleck Creek. The three-year grant, part of a Matching Funds arrangement, will cover further exploration, environmental studies, pilot plant processing, prefeasibility studies, and community impact assessments. This funding highlights the potential of the Cowboy State Mine and reinforces Wyoming's commitment to supporting energy and mining projects. The grant is seen as a validation of the company's direction and aims to expedite project development.
American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) announced an update on their Halleck Creek Project, focusing on upcoming exploration and R&D milestones.
A drilling program of 2,470 meters will start in July 2024 in the Cowboy State Mine area to enhance resource estimates. The project also received $4.6 million in DARPA funding for continued R&D, with Lawrence Livermore National Laboratory involved in flowsheet design.
Baseline environmental data collection has begun, and advanced separation and concentration testwork are ongoing. SGS Canada will conduct detailed leach testing, expected to commence in Q3 2024.
CEO Donald Swartz emphasized the project's progress in de-risking and advancing studies for FY2025.
American Rare Earths (ARR) has announced the potential for zircon co-product at its Halleck Creek project. Zircon is important for industries like ceramics, electronics, and nuclear energy. Initial assay results show a significant zirconium upgrade, with a density of 2,077 ppm compared to an average crustal abundance of 300 ppm. Spiral testing within the REEs program achieved a 13.7x upgrade, indicating ~2.3% zirconium concentration. The company collaborates with the University of Wyoming and has found zircon more prevalent than expected. Ongoing beneficiation work includes gravity separation and magnetic removal to further concentrate zirconium. Future exploration aims to separate zirconium concentrate and extract heavy REEs.
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