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Has American Rare Earths Uncovered a Game-Changing Trove in Wyoming's Halleck Creek? — ASX:ARR| ASX Mining News & Discussion
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Lykeshares
2y
Official
$ARR
Has American Rare Earths Uncovered a Game-Changing Trove in Wyoming's Halleck Creek?
American Rare Earths Unveils Significant Rare Earth Enrichment in Wyoming's Halleck Creek: A Prelude to Unprecedented Potential
In a seismic revelation poised to transform the landscape of rare earth exploration, American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) shines the beacon of discovery with assay results unveiling new frontiers of enriched rare earth mineralisation within the expanses of Halleck Creek, Wyoming.
A Discovery Unfolds: Illuminating Assays Showcase Untapped Potential
The recent mapping and sampling program spearheaded by American Rare Earths (ARE) has unfurled a tapestry of newfound riches, laying bare the latent potential within contiguous unexplored claims. As the results cascade in, they illuminate the landscape with promising signs, affirming the vast scale of the project's potential. Assays conducted in the "County Line" and "Trail Creek" areas herald a groundbreaking confirmation of enriched rare earth mineralisation, revealing Total Rare Earth Oxide (TREO) levels soaring up
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to 4,691 ppm from surface sampling.
A Strategic Triumph: Significance Beyond the Present Resource
The reverberations of this discovery extend far beyond the confines of the current 1.43 billion tonne JORC Resource1, signifying an auspicious turning point for American Rare Earths. Amidst fervent anticipation, the company anticipates the forthcoming release of drill assay results2, the culmination of a recently concluded development drilling campaign poised to elevate the project's potential further. Plans are already afoot to enhance the previously disclosed JORC resource in the imminent months.
Geological Insights: Uncovering Future Potential
Guided by astute geological insights, ARE's geologists, erstwhile focused on the Red Mountain and Overton claims3, have unearthed a promising vista nestled within the surrounding claims - Trail Creek and County Line areas. Exhibit 1, coupled with the detailed revelations in Figures 1 and 2, unveil the newfound potential poised for exploration. A trailblazing sampling endeavor across approximately 1,827 acres, equivalent to nearly 20% of the total claims, aims to redefine the boundaries of mineralisation and chart the course for future drillhole placements.
"These compelling results expand the very footprint of our mineralised treasure trove," exclaimed Donald Swartz, the Chief Executive Officer, brimming with enthusiasm. "The deposit, veiled in open-ended depth, astounds us with its limitless potential, offering unparalleled scalability and strategic significance as a prized resource nestled within the heart of the United States."
Metallurgical Triumphs: Paving the Way for Future Extraction
In tandem with the field assay triumph, ARE is at the forefront of groundbreaking metallurgical feats. Recent test work, a testament to the project's mettle, showcases the ease with which Halleck Creek's ore can elevate itself to 1-2% TREO, rendering it easily leachable utilizing conventional technology. The absence of the intricate cracking process, often a necessity in hard rock deposits, highlights a clear path toward streamlined extraction methods.
American Rare Earths emerges as a vanguard of rare earth exploration, pioneering a legacy of discovery that promises to redefine the very fabric of Wyoming's Halleck Creek and solidify its place on the global map of rare earth excellence.
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L
Lykeshares
133d
Official
Berkshire is hoarding so. much. cash.
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Lykeshares
133d
Official
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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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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L
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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L
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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L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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