High Grade Assay Results up to 13.9% TREO at Beaver Creek Rare...

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    High Grade Assay Results up to 13.9% TREO at Beaver Creek Rare Earths Project in WyomingHighlights• Assay results from surface samples show high-grade TREO from 5.8% to 13.9%• Neodymium + Praseodymium grade ranged between 1% and 2.2%• Claims land holding increased 85%• Plans underway to conduct further field work to define JORC Exploration TargetDenver, CO – American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) | FSE:1BHA) (ARR or the Company) is pleased to announce high grade field assay results at the exciting new Beaver Creek rare earth project in Wyoming.Final assay results from ALS Global confirmed TREO grades between 5.8% and 13.9%. Assays for the valuable magnetic rare earths, neodymium and praseodymium ranged between 1% and 2.2%.“These are outstanding results from the initial field work at our new project in Wyoming,” says Donald Swartz, CEO American Rare Earths. “The deposit is open at depth and historic reports indicate that the rare earth mineralisation-outcrop may extend over 457 metres (1500 feet). We are enthusiastic about increasing our claim holdings and look forward to conducting further exploration activities to unlock the potential of this new high-grade discovery.”The Beaver Creek REE Project area is north of the Company’s flagship Halleck Creek Project. The State Mineral Lease at Beaver Creek REE project covers 640 acres (259 hectares) in Johnson County, Wyoming. The newly acquired state section at the Beaver Creek REE project increases the Company’s holdings in the region by 85% from 749 acres (303 hectares) to 1,389 acres (562 hectares). Importantly, the state mineral lease is directly along strike from previously examined outcrops, and has the potential to contain additional, highly enriched REE mineralisation. QUOTE More good news as company progresses IMO
 
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