AR3 15.6% 13.0¢ australian rare earths limited

Ann: Assays pave way for more Resource growth at Koppamurra, page-3

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  1. 1,242 Posts.
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    Two interesenting points made by AR3 in this announcement:

    • special acknowledgement of this weekend’s Australia-United States Joint Leaders’ Statement with the comment that … “Koppamurra is in the right place at the right time to take full advantage of this development”, and
    • that these initial assay results show that … “the mineralised intervals identified in the southern extension of the resource significantly exceed the average grade for the current Mineral Resource Estimate.”

    The Resource update is scheduled for the coming quarter which is approx 4- 5 weeks away, plus we have 2,000 assays still to come.

    This shows you how fast things can move with ionic clay hosted projects as opposed to our hard rock counterparts which have no heavies anyhow.

    There is no other advanced rare earth project in the world that can be considered 'domestic supply' for the Americans but AR3. We are it.

    Exciting times!

    AIMO, DYOR, GLTA(patient)H
    Last edited by Mallyrock: 23/05/23
 
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