The Board of American Rare Earths announced a maiden JORC Resource estimate for its Halleck Creek Rare Earths Project Halleck Creek in Wyoming, USA. The JORC Resource at Halleck Creek is 1.43 billion tonnes with an average TREO grade of 3,309 ppm, and an average NdPr grade of 734 ppm. The JORC Resource estimate has exceeded expectations in comparison to previous exploration target estimates and has demonstrated the Halleck Creek project has the potential to become a world class deposit.

The resource area covers 949 acres of the total exploration area held by the Company which totals 8,165 acres, meaning the JORC Resource has the potential to greatly increase with future exploration campaigns. Under the supervision of Wood PLC, metallurgical test work is ongoing to optimize the process flow sheet. This includes bulk WHIMS and floatation test work which are well advanced, to assess the likely constituents of an upgraded concentrate product.

Testing will commence immediately thereafter on the further upgrade of the concentrates via a leaching process. The metallurgical test work will provide the foundation for the Scoping Study scheduled for later this year. Additional exploration and development work also continues at Halleck Creek.