Curated News
By: NewsRamp Editorial Staff
April 10, 2024

American Rare Earths CEO Shares Significant Assay Results

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Source News Release

TLDR

  • The assay results reveal potential for larger, higher-grade rare earth element (REE) resource area, providing a competitive advantage for American Rare Earths.
  • The mapping and sampling campaign focused on achieving higher resolution of data, with 95 samples sent for analysis at ALS Global, providing detailed insights into mineralization.
  • These findings demonstrate enriched mineralization and support future drilling efforts, unlocking the full potential of rare earth element deposits and advancing American Rare Earths' projects.
  • Surface samples revealed concentrations of up to 6,221 ppm total rare earth oxides (TREO), indicating significant potential for a larger, higher-grade rare earth element (REE) resource area.

Impact - Why it Matters

<p>The findings underscore American Rare Earths' commitment to advancing its projects and unlocking the full potential of its rare earth element deposits in the Cowboy State Mine area. This news is important for investors and stakeholders as it demonstrates the company's progress and potential for future exploration and development activities. Additionally, the findings have implications for the rare earth element industry as a whole, highlighting the potential for a larger, higher-grade rare earth element resource area.</p>

Summary

American Rare Earths Limited CEO Donald Swartz shared significant news regarding assay results from a recent mapping and sampling program in the Cowboy State Mine area. The results provide valuable insights for targeting higher-grade areas contiguous to the mining area identified in the scoping study. The campaign focused on achieving a higher resolution of data, revealing concentrations of up to 6,221 ppm total rare earth oxides (TREO) and significant concentrations of magnetic rare earths, averaging 27% of TREO.

Source Statement

This curated news summary relied on this press release disributed by News Direct. Read the source press release here, American Rare Earths CEO Shares Significant Assay Results

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