The company added that this result demonstrates the potential for La Paz to be one of the largest rare earths projects in North America, making its asset significant in the development of the US domestic rare earths supply chain.Managing Director Keith Middleton commented, “ARR is extremely pleased with the results of the La Paz Resource Update. Seeing a 117% increase in Indicated resource tonnage and a 5.2% increase in TREE grade demonstrates the value of our assets at La Paz. Our upcoming exploration plans will allow us to grow the project and continue defining the resource while returning value to shareholders.”American Rare Earths is the only Australian company listed on the ASX with assets in the growing rare earth metals sector of the United States of America. ARR owns 100% of the world-class La Paz rare earth project, located 170km northwest of Phoenix, Arizona. As a large tonnage, bulk deposit, La Paz is also potentially the largest rare earth deposit in the USA and benefits from containing exceptionally low penalty elements such as radioactive thorium and uranium.ARR plans to deliver its first Preliminary Economic Assessment for La Paz by 2022 and is working with leading USA research institutions for the La Paz's mineral profile to be incorporated into emerging US advanced rare earth processing technologies. QUOTE on *****.com today
Media coverage is expanding in rare earth news circles IMO.
- Forums
- ASX - By Stock
- ARR
- Ann: 117% increase in Indicated Resource at La Paz
Ann: 117% increase in Indicated Resource at La Paz, page-29
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARR (ASX) to my watchlist
|
|||||
Last
29.0¢ |
Change
-0.005(1.69%) |
Mkt cap ! $143.3M |
Open | High | Low | Value | Volume |
30.0¢ | 30.0¢ | 28.0¢ | $262.9K | 913.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 40553 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.0¢ | 82501 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.280 |
7 | 261463 | 0.275 |
1 | 13125 | 0.270 |
5 | 85909 | 0.265 |
3 | 83269 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 82501 | 2 |
0.300 | 22500 | 1 |
0.305 | 52000 | 2 |
0.310 | 71200 | 5 |
0.315 | 69222 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
ARR (ASX) Chart |