American Rare Earths (AU:ARR) has released an update.
American Rare Earths announces promising assay results from their 2024 drilling campaign at the Cowboy State Mine, with significant rare earth mineralization found from surface to depths of at least 300 meters. The most remarkable intercept was 299.1 meters at 4,393 ppm Total Rare Earth Oxides (TREO), suggesting the deposit’s potential extends into Red Mountain and remains open at depth. These results will contribute to updated geological models and resource estimates, aiding in the advancement of the company’s prefeasibility study.
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