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     173  0 Kommentare Halleck Creek Project Update

    Drilling Program, R&D, Environmental Permitting, Processing and Metallurgical Testwork

    Highlights

    • 2,470 m drilling program to commence in July 2024 in the Cowboy State Mine area to upgrade resources and advance mine planning work for prefeasibility analysis.
    • New Research and Development partnership funding1 approved by Defense Advanced Research Projects Agency (DARPA), with Lawrence Livermore National Laboratory being awarded $US 4.6 million – part of these funds will be used by Lawrence Livermore National Laboratory to continue work to support flowsheet design at Halleck Creek.
    • Permitting activities have been initiated at the Cowboy State Mine, beginning with baseline environmental data collection/analysis.
    • Flowsheet Optimization:
      • Advanced separation and concentration testwork continue to progress
      • Detailed leach testing being planned with experts at SGS Canada

    DENVER, June 13, 2024 (GLOBE NEWSWIRE) -- American Rare Earths Ltd. (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) (“ARR” or the “Company”) is pleased to provide a project update around previously announced project milestones and announce upcoming exploration drilling at the Halleck Creek Project. Under the DARPA Environmental Microbes as a BioEngineering Resource (EMBER) program, Phase II was recently awarded an additional US$4.6 million in R&D funding for continued studies. This is noteworthy as prior work from this research has been utilized in the current processing flowsheet, using gravity separation techniques developed in the research, and the R&D continues to utilise Halleck Creek ore2.

    ________________________
    1 https://www.llnl.gov/article/51036/concentrating-rare-earth-elements
    2 ASX Announcement, “American Rare Earths Announces Breakthrough Metallurgical Results”, 22 January 2024.


    Donald Swartz, CEO of American Rare Earths, commented:
    “I am pleased to announce our continued project execution to de-risk the project. At the time of our institutional placement in February, we outlined the use of proceeds to accelerate development to include additional drilling, metallurgical testwork, project studies, and permitting. As we enter the 2025 fiscal year, we do so ahead of schedule. Through the Company’s involvement in the DARPA initiative, our flowsheet has improved, and I’m excited about the future. The planned drilling will allow ARR to upgrade our resource estimates and provide data for advancing studies in FY2025. The mineral processing and leaching testwork is designed to refine our current flowsheets. The preliminary baseline environmental studies are the first steps towards responsible mine development at the Cowboy State Mine.”

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