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American Rare Earths: What's Uncovered in the Untapped Halleck Creek Regions? — ASX:ARR| ASX Mining News & Discussion
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Lykeshares
2y
Official
$ARR
American Rare Earths: What's Uncovered in the Untapped Halleck Creek Regions?
American Rare Earths Unveils Rare Earth Enrichment at Halleck Creek, Wyoming: Uncharted Prospects Beckon
American Rare Earths (ASX: ARR) breaks new ground with assay results unveiling enriched rare earth mineralization in previously unexplored regions at Halleck Creek, Wyoming. These findings, within contiguous claims, underscore immense potential, expanding well beyond the existing 1.43 billion tonne JORC Resource.
Where and When
The remarkable assays originate from the "County Line" and "Trail Creek" areas, painting a promising picture of rare earth potential in these untapped zones. Results showcase Total Rare Earth Oxide (TREO) levels surging up to 4,691 ppm from surface sampling, solidifying the prospect's richness and unveiling previously undiscovered mineralization.
Why It Matters
This discovery represents a watershed moment for American Rare Earths, signaling a significant expansion in the project's mineralized expanse. The findings reveal the project's depth, promising scalability and strategic importance as a crucial resource within the United States.
How the Exploration Evolved
Geologists, initially focusing on
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the Red Mountain and Overton claims, redirected their attention to adjacent territories, specifically the Trail Creek and County Line areas. The detailed Exhibit 1, along with Figures 1 and 2, illustrates the newly identified potential within these areas. A meticulous sampling effort, covering approximately 1,827 acres (about 20% of the total claims), aims to define mineralization boundaries, guiding future drillhole locations.
CEO's Optimistic Outlook: Vision and Impact
Donald Swartz, the Chief Executive Officer of American Rare Earths, expressed profound optimism in response to the assay results. He highlighted the significance of this expansion, emphasizing the project's open-ended nature at depth and its potential for low-cost, high-volume extraction. Swartz's remarks underscore the strategic value this resource holds for the United States.
Unlocking Potential: Metallurgical Triumphs and Promising Findings
The recently disclosed assay results align with exceptional metallurgical findings, demonstrating the ease of upgrading Halleck Creek ore to 1-2% TREO without the complex processes typical of hard rock deposits. These revelations further solidify the project's viability and potential for conventional, cost-effective extraction techniques.
American Rare Earths' breakthrough assays at Halleck Creek, Wyoming, redefine the landscape of rare earth mineralization, painting a promising future beyond the confines of current resource estimates. The company's strategic focus on unexplored areas and the rich results uncovered signify not only untapped potential but also the critical role this resource could play in the United States' rare earth supply chain.
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L
Lykeshares
133d
Official
Berkshire is hoarding so. much. cash.
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Lykeshares
133d
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Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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L
Lykeshares
164d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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L
Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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