ARR 1.72% 28.5¢ american rare earths limited

As the company receives assay results from the remaining holes a...

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  1. 9,388 Posts.
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    As the company receives assay results from the remaining holes a more detailed technical report will follow. Due to these promising assay results the company will accelerate its exploration plans to define a maiden JORC resource at Halleck Creek. Planning is well underway for this exploration program and the company will update the market once drilling permits are finalised.MD and CEO Chris Gibbs commented: “This project continues to deliver way beyond our expectations. The initial acquisition was a tiny land package with some interesting surface data. We have since increased the land holding to over 6000 acres and now beginning to understand the massive nature of this deposit as these drill assay results confirm our extensive field sample work.The sheer size, scale and consistent high grade of this deposit is extremely exciting. The low Thorium and Uranium elements will also set this deposit apart from others in the rare earths industry. Our focus is to upgrade the Exploration Target for this project, fast track our drilling efforts and establish a significant JORC resource as soon as reasonably practicable.” QUOTE
    Very significant progress being made IMO.
 
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