Ann: Halleck Creek Assay Results Update, page-2

American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) the‘Company’ is pleased to announce assay results from our mapping and sampling program showing consistentnew rare earth mineralisation in contiguous claims. These results demonstrate significant upside potential wellbeyond the current 1.43 billion tonne JORC Resource1. The company expects to release drill assay results2from our recently completed development drilling campaign and plans to upgrade its previously announcedJORC resource in the coming months. As part of recent field work, supplemental sampling was completed inthe high-grade explored project area to assist with test-mine planning.Company geologists, who had previously focused on the Red Mountain and Overton claims3, identified futurepotential in the surrounding claims (Trail Creek and County Line areas), as shown in Exhibit 1 with furtherdetail in Figure 1 and 2. Novel sampling was conducted across approximately 1,827 acres, which is equivalentto approximately 20% of the total claims. The sampling in these areas will help refine the boundaries ofmineralisation and further inform future drillhole locations.“We are encouraged with these results that significantly expand the mineralised footprint of the project. Thedeposit remains open at depth and we continue to be impressed with the upside potential; which offersoptionality and scalability; as a strategic resource in the United States. We have shown in our work that themineralisation continues to be homogenous and is suitable for low-cost, high-volume extraction” stated DonaldSwartz, Chief Executive Officer.“These field assays come on the back of outstanding metallurgical results where recent test workdemonstrated the Halleck Creek ore can easily be upgraded to 1-2% TREO and is readily leachable usingconventional technology – without the complex cracking process necessary in hard rock deposits.” QUOTE
Good news keeps coming we are in a great position IMO.