Ann: Arafura Launches A$20m placement and A$10m SPP, page-96

"We have done our time here at ARU, your in for a world of pain over there… a long way to go. But yes, you look good on paper along with the other 20 that also are decade away." ARR production timeline 2026... a decade you said? okay!

American Rare Earths CEO Donald Swartz says the new drilling results are ‘simply outstanding’.

“The purpose of this drill campaign was to confirm that the deposit is actually much larger than the current resource model, while also being homogenous and cost-effective to mine.

We are very excited to upgrade the existing JORC Resource in the near term as well as with the future potential given that the depth of enrichment was more than double previous results.”

In November, Swartz told Mining.com.au the company was aiming to achieve production at Halleck Creek as early as 2026, with the grades from Halleck Creek and its metallurgical success underpinning these plans.

“We kind of have this best-of-both-worlds thing, where it’s really high-grade in comparison to clay, but everyone’s calling it a hard rock,” Swartz said at the time.

Today, Swartz said the latest metallurgy results from Halleck Creek further affirm a similar processing efficiency compared to a clay-hosted deposit.

https://mining.com.au/american-rare-earths-surges-on-new-halleck-creek-results/