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EQS-News: Epanko Project Flyover

Retrieved on: 
Wednesday, April 10, 2024

The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcement.

Key Points: 
  • The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcement.
  • The information in this report that relates to Mineral Resources is based on, and fairly reflects, information compiled by Mr. David Williams and Mr. David Drabble.
  • Mr. David Williams is a full-time employee of ERM and is a Member of the Australian Institute of Geoscientists (#4176)(RPGeo).
  • Mr. David Drabble is a full-time employee of EcoGraf Ltd and is a Member of the Australasian Institute of Mining and Metallurgy (#307348).

American Rare Earths’ Scoping Study confirms low-cost, scalable world-class REE project

Retrieved on: 
Monday, March 18, 2024

We note these prices are not sustainable given current prices are at the cash costs of China Northern Rare Earths.

Key Points: 
  • We note these prices are not sustainable given current prices are at the cash costs of China Northern Rare Earths.
  • The inferred Mineral Resource is not the determining factor in determining the viability of the Halleck Creek Rare Earths project.
  • American Rare Earths (ASX: ARR | OTCQX: ARRNF and AMRRY) owns the Halleck Creek, WY and La Paz, AZ rare earth deposits.
  • The Company’s flagship project at Halleck Creek, WY, has the potential to become the largest and most sustainable rare earth projects in North America.

Metals Acquisition Limited Reports Drill Results Including 19.2m @ 10.4% Cu, 16.0m @ 10.4% Cu and 3m @ 13.9% Cu

Retrieved on: 
Tuesday, March 19, 2024

A complete list of post-August 2023 resource drilling is contained in Table 1 at the end of this report.

Key Points: 
  • A complete list of post-August 2023 resource drilling is contained in Table 1 at the end of this report.
  • QTS Central appears to be getting wider with the new drilling which is very encouraging from what is already our highest margin ore.
  • These are truly exceptional Cu grades and even with diluted stope shapes for mining purposes the grade from this lens is high.
  • Mr. Adams is also a Qualified Person as defined by S-K 1300 rules for mineral deposit disclosure.

EQS-News: EcoGraf Limited: 127% Increase in the Epanko Mineral Resource

Retrieved on: 
Wednesday, March 13, 2024

The Mineral Resource shows a significant increase in tonnes for the Inferred, Indicated and Measured categories of the block model, compared to the previously reported Mineral Resource in 2023.

Key Points: 
  • The Mineral Resource shows a significant increase in tonnes for the Inferred, Indicated and Measured categories of the block model, compared to the previously reported Mineral Resource in 2023.
  • The increase in the Measured volumes result from infill drilling of gaps within the Indicated Resource of the Western Zone.
  • The Mineral Resource infill drilling targeted the Inferred northern and southern parts of the Epanko Western Zone, with a combination of RC and DD drilling.
  • Figure 4 shows a long section through the Epanko West deposit, showing the updated Mineral Resource classification categories applied to the block model.

Successful Exploration at Perseus's Ivorian Gold Mines

Retrieved on: 
Wednesday, February 21, 2024

Perth, Western Australia/February 22, 2024/Perseus Mining Limited (ASX/TSX: PRU) is pleased to provide an update on ongoing exploration activities conducted at and around its two operating gold mines in Côte d’Ivoire.

Key Points: 
  • Perth, Western Australia/February 22, 2024/Perseus Mining Limited (ASX/TSX: PRU) is pleased to provide an update on ongoing exploration activities conducted at and around its two operating gold mines in Côte d’Ivoire.
  • At the Sissingué Gold Mine and Fimbiasso Satellite Pits, ongoing exploration continues to identify extensions to existing mineral deposits and other prospects that have significant potential to extend the life of the Sissingué operation.
  • The program is ongoing with assays to date including:
    YRC2367D: 18m @ 2.57 g/t gold from 109m, including 2m @ 9.54 g/t gold from 124m
    YRC2379D: 4.95m @ 6.17 g/t gold from 111.8m, and 12m @ 1.08 g/t gold from 119m, and 18.2m @ 3.32 g/t gold from 134m
    YRC2380D: 12m @ 1.98 g/t gold from 159m, and 29m @ 2.47 g/t gold from 174m
    YRC2382D: 4m @ 753.46 g/t gold from 130m including 1m @ 3,008.89 g/t gold from 133m, and 15m @ 1.28 g/t gold from 137m
    YAOURÉ - ZAIN 1 – The program is ongoing and is designed to assess near-surface mineralisation identified during the CMA underground north extension drilling.
  • To deliver this outcome, Perseus has been funding active exploration programs at all three of its operating sites including the Yaouré and Sissingué gold mines in Côte d’Ivoire and the Edikan gold mine in Ghana.

American Rare Earths Resource Estimate Increased by 64%

Retrieved on: 
Wednesday, February 7, 2024

DENVER, Feb. 07, 2024 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (ARR or the (Company) is pleased to announce the completion of the detailed “Technical Report of Exploration and Updated Resource Estimates of the Halleck Creek Rare Earths Project” compiled by ARR, which includes updated Resource estimates under the 2012 JORC code. Results of the Sept/Oct 2023 exploration program and additional surface sampling and geological mapping at Halleck Creek provided data to increase in-situ resource estimates to 2.34 billion tonnes at a grade of 3,196 ppm TREO. This is an increase of 64% in in-situ tonnes compared to the Sept/Oct 2023 maiden resource estimate for Halleck Creek. The full technical report is available on the Halleck Creek tab on our website or upon request.

Key Points: 
  • DENVER, Feb. 07, 2024 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (ARR or the (Company) is pleased to announce the completion of the detailed “Technical Report of Exploration and Updated Resource Estimates of the Halleck Creek Rare Earths Project” compiled by ARR, which includes updated Resource estimates under the 2012 JORC code.
  • This is an increase of 64% in in-situ tonnes compared to the Sept/Oct 2023 maiden resource estimate for Halleck Creek.
  • Measured and Indicated resource estimates increased by 795 million tonnes (128%), inferred resource estimates increased by 117 million tonnes (15%).
  • Wyoming Rare (USA) Inc. a wholly owned subsidiary of American Rare Earths, Inc. controls 367 unpatented lode mining claims totalling 6,320 acres (2,558 ha) across the Halleck Creek Project area.

American Rare Earths Announces Breakthrough Metallurgical Results  

Retrieved on: 
Monday, January 22, 2024

DENVER, Jan. 22, 2024 (GLOBE NEWSWIRE) --  American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (“ARR” or the “Company”) is pleased to announce breakthrough metallurgical results as part of the SynBREE project, a consortium led by Lawrence Livermore National Laboratory (LLNL) as part of a program funded by the Environmental Microbes as a BioEngineering Resource (EMBER) program within Defense Advanced Research Projects Agency (“DARPA”), a U.S. Department of Defense (DoD) agency.

Key Points: 
  • Preconcentrating reduces Wet High Intensity Magnetic Separator (“WHIMS”) needs by 70% from existing design, significantly reducing capital and operating expenditures.
  • The project has been selected to advance to the next phase of study and the company is engaged in discussions around funding and next steps.
  • DENVER, Jan. 22, 2024 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (“ARR” or the “Company”) is pleased to announce breakthrough metallurgical results as part of the SynBREE project, a consortium led by Lawrence Livermore National Laboratory (LLNL) as part of a program funded by the Environmental Microbes as a BioEngineering Resource (EMBER) program within Defense Advanced Research Projects Agency (“DARPA”), a U.S. Department of Defense (DoD) agency .
  • Removal of the gangue materials at the solid state enhances the concentration of the rare earth elements, creating an optimal solution feed for downstream bio-separation.

Patriot Battery Metals Commences Quebec's Largest Lithium Drill Campaign at the Corvette Property

Retrieved on: 
Tuesday, January 16, 2024

The 2024 drill campaign at the Corvette Property has commenced, targeting a minimum of 45,000 m over the January to April period (the 'winter program').

Key Points: 
  • The 2024 drill campaign at the Corvette Property has commenced, targeting a minimum of 45,000 m over the January to April period (the 'winter program').
  • At least ten (10) drill rigs are planned to be utilized to complete the winter program – making it among the largest lithium drill programs currently in Quebec.
  • Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSXV: PMET) (ASX: PMT) (OTCQB: PMETF) (FSE: R9GA) is pleased to announce it has commenced the 2024 winter drill campaign at its wholly owned Corvette Property (the "Property" or "Project"), located in the James Bay Region of Quebec.
  • This is the most aggressive drill campaign undertaken to date by the Company at the Corvette Property.

Continued Exceptional Drilling Results at Halleck Creek

Retrieved on: 
Thursday, December 14, 2023

DENVER, Dec. 14, 2023 (GLOBE NEWSWIRE) -- American Rare Earths Limited (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (“ARR” or the “Company”) is pleased to announce continued exceptional drilling results from its October-November 2023 drilling campaign1,2 at Overton Mountain, located within the broader Halleck Creek Rare Earths project area. See Figure 1. Of the fifteen-reverse circulation (RC) holes drilled, there was an average TREO value 24% higher than that of the Company’s previous JORC resource estimate3 (3,309 ppm TREO). Nine of the fifteen RC holes exhibit an average TREO value of greater than 4,000 ppm, utilizing a cutoff value of 1,500 ppm. The addition of the final RC assays will be a significant contribution to upgrading the Company’s current 1.43 billion tonne JORC resource. The fence diagrams presented herein illustrate the homogenous nature of the deposit which lends itself to low-cost, near-zero strip ratio mining operations. See Figure 2.

Key Points: 
  • DENVER, Dec. 14, 2023 (GLOBE NEWSWIRE) -- American Rare Earths Limited (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (“ARR” or the “Company”) is pleased to announce continued exceptional drilling results from its October-November 2023 drilling campaign1,2 at Overton Mountain, located within the broader Halleck Creek Rare Earths project area.
  • Nine of the fifteen RC holes exhibit an average TREO value of greater than 4,000 ppm, utilizing a cutoff value of 1,500 ppm.
  • CEO Donald Swartz commented on the results:
    “Exceptional results from the recent resource upgrade drilling campaign at the Halleck Creek Resource Area have not only surpassed our expectations, but are expected to exceed our previous resource estimates.
  • HC23-OM044 is the most impressive RC hole, exhibiting the best intercept observed at the Halleck Creek to date.

Exceptional results from drilling program at Halleck Creek

Retrieved on: 
Thursday, December 7, 2023

DENVER, Dec. 07, 2023 (GLOBE NEWSWIRE) -- American Rare Earths Limited (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (“ARR” or the “Company”) is pleased to announce the exceptional results from the recently completed diamond drilling program2 at Overton Mountain, located within the broader Halleck Creek Rare Earths Project, Wyoming. These results, with pending assays from RC holes, will provide key inputs to upgrading the current 1.43 billion tonne JORC Resource3, and furthermore confirms that the deposit remains open at depth to at least 302 m (990.81 ft). The assays received to date exhibit TREO averages 4,478 ppm, which is significantly higher than the 3,309 ppm TREO deposit average from the Company’s previous resource estimate.

Key Points: 
  • Interim 2023 resource drilling results from 8 diamond drill holes at Halleck Creek.
  • High value magnetic rare earths neodymium and praseodymium (“NdPr”) averaged 23% of TREO consistent with prior drilling.
  • DENVER, Dec. 07, 2023 (GLOBE NEWSWIRE) -- American Rare Earths Limited (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (“ARR” or the “Company”) is pleased to announce the exceptional results from the recently completed diamond drilling program2 at Overton Mountain, located within the broader Halleck Creek Rare Earths Project, Wyoming.
  • Being low in the penalty elements of Thorium and Uranium, places Halleck Creek in a unique position of having the best of both worlds (higher grade and easier processing).