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An update from American Rare Earths ( (AU:ARR) ) is now available.
American Rare Earths has announced an updated Mineral Resource Estimate for the Cowboy State Mine area at its Halleck Creek Rare Earths Project, reflecting a reclassification of 68.4 million tonnes to the indicated resource category. This update, based on 102 channel samples, includes a standout sample with a record high assay grade, significantly enhancing the project’s potential. Additionally, the company has secured new exploration drilling permits, allowing for further development and technical studies, which positions the project for timely advancement and potentially increases the resource estimates at Halleck Creek.
More about American Rare Earths
American Rare Earths is a company focused on the exploration and development of rare earth elements, primarily through its flagship Halleck Creek Rare Earths Project. The company operates in the mining industry, with a market focus on rare earth oxides, which are critical components in various high-tech and clean energy applications.
Average Trading Volume: 2,436,369
Technical Sentiment Signal: Buy
Current Market Cap: A$229.2M
For detailed information about ARR stock, go to TipRanks’ Stock Analysis page.