ARR 0.00% 24.5¢ american rare earths limited

Ann: La Paz Rare Earth Project Acquisition Update, page-3

  1. 2,797 Posts.
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    Amigos, either I am misunderstanding the announcements or there could be a typo causing a problem. The pair of Tables on the second page (bottom left side) has "Inferred" for the top as well as "inferred" for the bottom. Shouldn't one of these be inferred and the other indicated? I've copied the title plus the pair of tables to show what I mean. The title says "the resource estimate has been defined in both the Inferred and Indicated categories as follows:" If we assume a typo, then maybe we should be looking at the total for inferred plus indicated which gives a much higher total figure (ie 371.5 + 373.4 = 744 ppm). I am not sure of myself, so I would be happy to be corrected.

    Pazresource estimate has been defined in both the Inferred and Indicatedcategories as follows:

    La Paz Inferred Resource

    Tonnes (millions)

    Grade above Cutoff (ppm)

    Grade above cutoff (%)

    lbs REE (millions)

    Tc

    7.2

    369.8

    0.036

    5.4

    Lower plate

    104.8

    371.6

    0.037

    77.9

    Total Inferred

    112

    371.5

    0.037

    83.3

    La Paz Inferred Resource

    Tonnes (millions)

    Grade above Cutoff (ppm)

    Grade above cutoff (%)

    lbs REE (millions)

    Tc

    0.1

    337.7

    0.033

    0.3

    Lower plate

    15.8

    373.4

    0.037

    11.8

    Total Inferred

    16.2

    373.4

    0.037

    12.1


 
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