American Rare Earths’ Assay Results Expand Rare Earth Enrichment Within the Cowboy State Mine Area at Halleck Creek, Wyoming - Seite 2

1. ASX announcement March 18, 2024
2. ASX announcement February 7, 2024

Table 1 – Statistical Summary of November 2023 Sampling Initiative using a 1,500 ppm TREO cut-off. 68 samples were included.

Count	TREO	MREO	LREO	HREO
Average	3529	956	3133	396
Maximum	6221	1692	5683	578
Minimum	1523	435	1276	217

This announcement has been authorized for release by the CEO of American Rare Earths.

Competent Persons Statement:  

The information in this document is based on company work performed in September and October 2023. This work was reviewed and approved for release by Mr. Dwight Kinnes (Society of Mining Engineers #4063295RM) who is employed by American Rare Earths and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 JORC Code. Mr. Kinnes consents to the inclusion in the report of the matters based upon the information in the form and context in which it appears.

About American Rare Earths Limited:
American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) owns the Halleck Creek, WY and La Paz, AZ rare earth deposits which have the potential to become the largest and most sustainable rare earth projects in North America. American Rare Earths is developing environmentally friendly and cost-effective extraction and processing methods to meet the rapidly increasing demand for resources essential to the clean energy transition and US national security. The Company continues to evaluate other exploration opportunities and is collaborating with US Government-supported R&D to develop efficient processing and separation techniques of rare earth elements to help ensure a renewable future.

Full JORC Report can be found here.
For additional information:

Susan Assadi
Media Relations US
[e-mail]
347 977 7125

Beverly Jedynak
Investor Relations US
[e-mail]
312 943 1123

Figure 1 - Map showing the locations of the new surface samples.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4819f872-cd9c-468d ...