Australian Rare Earths Identifies Promising Uranium Targets at Overland Project

Australian Rare Earths Limited ( (AU:AR3) ) has issued an update.

Australian Rare Earths Limited has announced a significant update from its Overland Uranium Project, where recent drilling has identified a roll front uranium signature in permeable sediments. This discovery supports the company’s ISR amenable model, indicating potential for uranium mineralisation in the area. The drilling program revealed the highest gamma responses and pXRF uranium readings to date, suggesting promising targets for follow-up exploration. The company plans to resume drilling in July 2025 to further investigate these high-priority targets, potentially enhancing its industry positioning and offering new opportunities for stakeholders.

More about Australian Rare Earths Limited

Australian Rare Earths Limited (ASX: AR3) operates in the mining industry, focusing on the exploration and development of rare earth elements and uranium projects. The company is engaged in identifying and advancing mineral deposits, with a particular emphasis on in-situ recovery (ISR) amenable uranium systems.

Average Trading Volume: 375,414

Technical Sentiment Signal: Sell

Current Market Cap: A$11.87M

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