American Rare Earths (ASX: ARR) (OTCQB: ARRNF) has kicked off a nine-hole, 825m, diamond core drilling campaign at the company’s 100% owned Halleck Creek Rare Earth project site in Wyoming.
“This is another exciting time for the team at American Rare Earths with the maiden drilling at Halleck Creek,” Managing Director, Chris Gibbs, said.
“Surface Samples collected in 2018 and 2021 show high-grade rare-earth element (REE) mineralization which is rich in Neodymium and Praseodymium (NdPr) with low penalty elements of Thorium and Uranium.
“The Halleck Creek targets will complement the Company’s La Paz Rare Earth project deposits, targeting NdPr with ultra-low penalty elements of Thorium and Uranium in Arizona.”
In June and July of 2021, a follow-up surface sampling programme of a total of 197 samples were collected, showing an average Total Rare Earth Oxide (TREO) value of 3,187 ppm and a noteworthy, combined Nd and Pr average of 702 ppm.
In October 2021, ARR performed additional geologic mapping across Overton Mountain. An additional 121 surface samples were collected from Overton Mountain and Red Mountain. ARR is awaiting the final assay results of these samples.
Exploration History
The greater Halleck Creek project area consists of 68 unpatented lode claims, covering approximately 1,265 acres (512 has). The company controls six Wyoming State Mineral Leases in the surrounding area, totalling 1,843.72 acres (756 has).
Initial surface sampling of the Overton Mountain area was conducted in 2018 by Zenith Minerals, an Australian mining company, revealed average Total Rare Earth Oxide (TREO) values of 3,297 ppm, average Heavy Rare Earth Oxide (HREO) values of 244 ppm, and average Magnetic Rare Earth Oxide (MREO) values of 816 ppm.
In June and July of 2021, the follow-up surface sampling programme with the total of 197 samples were collected from the Halleck Creek project area.
The results also showed that the Red Mountain Pluton is Light Rare Earth Oxide (LREO) dominant, with an average of 2,836 ppm.
Additional geologic mapping was performed across Overton Mountain in October 2021. ARR collected an extra 121 surface samples across Overton Mountain and Red Mountain.
For further information please visit: https://americanrareearths.com.au/
