AMERICAN RARE EARTHS LIMITED overview

Highlights Surface samples of up to 6,221 ppm TREO (64% increase to mine planning), revealed potential for a larger, higher grade REE resource area in the Cowboy State mine area Mine planning averaged 3,805 ppm TREO 1 in recent scoping study High value magnetic rare earths (MREO) average 27% of TREO The mapping and sampling will support future higher-grade resource drilling DENVER, April 10, 2024 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) the ‘ Company’...

DENVER, March 18, 2024 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | OTCQX: ARRNF and AMRRY) (“ARR” or the “Company”) is pleased to announce the results of the “Halleck Creek Scoping Study Technical Report” (“Study”) compiled by Stantec Consulting Services Inc (Stantec - an independent engineering consulting firm). Located in the major mining hub of Wyoming, USA, the Halleck Creek project provides compelling economics and the ARR board has unanimously recommended the...

DENVER, Feb. 27, 2024 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (“ARR” or the “Company”) executives will participate in two upcoming industry conferences: March 6 at PDAC and on March 13 at the Battery Venture, Innovation & Partnering Conference, which is part of the International Battery Seminar. These presentations are particularly timely following the Company’s recent resource update at Halleck Creek of 2.34 billion...

Highlights Firm commitments received via an institutional placement to raise gross proceeds of A$13.5 million at an issue price of A$0.30 per share Strong support received from existing shareholders and new institutional investors Placement provides significant runway for American Rare Earths to execute on project development milestones to advance Halleck Creek towards providing secure supply of critical minerals to the North American supply chain DENVER, Feb. 22, 2024 (GLOBE NEWSWIRE) --...

DENVER, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Donald Swartz, CEO of American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (“ARR” or the “Company”) will be featured on the “The Future” panel on February 22, 2024, 2 pm, with other industry professionals including speakers Randy Atkins, Chairman and CEO Ramaco, Julie Lucas, Executive Director, Mining Minnesota and Dan Connell, Senior Vice President, CONSOL Innovations. The moderator will be Fran Taglia,...

Highlights: In-Situ Resources at Halleck Creek increased 64% to 2.34 billion tonnes (1.81 Mt, 27% Magnetic Rare Earth Oxides (“MREO”) at 3,196 ppm Total Rare Earth Oxides (“TREO”) using a 1,000ppm TREO cut-off. 1.42 billion tonnes of measured and indicated resources (a 128% increase) were estimated at a grade of 3,295 ppm TREO using a 1,000ppm TREO cut-off. The progress made around mine planning and metallurgy supports a cut-off grade of 1,000 ppm based on a thorough economic and...

Highlights Halleck Creek ore has been successfully preconcentrated to 3.5% TREO at a 12:1 upgrade ratio, representing a ~200% increase from existing flowsheet design using low-cost, conventional Dense Medium Separation (“DMS”). Preconcentrating reduces Wet High Intensity Magnetic Separator (“WHIMS”) needs by 70% from existing design, significantly reducing capital and operating expenditures. The feed mass leading into direct leaching was reduced to 7% from 16%, a 56% reduction of...

Highlights 15 RC holes each drilled to 102 m for a total of 1,530 m. Assay results confirm higher-grade rare earth mineralization from surface, remaining open at depth: Average TREO grade increased 26% to 4,179 ppm for the entire exploration program. Highest grade assay of 11,040 ppm TREO. Numerous holes exhibit grades exceeding 1500 ppm TREO along nearly their entire 102 m length, including; HC23-OM044: 102 m @ 5472 ppm TREO HC23-OM038: 100.5 m @ 4493 ppm TREO HC23-OM033: 102 m @ 4291 ppm TREO...