American Rare Earths Advances with License for Halleck Creek
License Granted for Testing Mining Activities
American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) is excited to share that its U.S. subsidiary, Wyoming Rare (USA) Inc., has successfully received a License to Explore by Dozing at the Halleck Creek Rare Earths Project. This project is crucial for advancing the company’s rare earth mining aspirations.
Key Highlights of the Licensing Agreement
The newly granted license allows for various activities, including:
- Conducting test mining and trenching operations at the Cowboy State Mine area within Halleck Creek, enabling the collection of bulk material samples.
- Facilitating the procurement of ore volumes necessary for pilot processing at the company’s facility, a major milestone towards refining processing pathways.
- Enhancing Wyoming’s reputation as a favorable region for mining ventures.
- Establishing Halleck Creek as a cornerstone project in American Rare Earths’ strategic roadmap.
Importance of Strategic Development
The ability to gather bulk samples is integral to the ongoing development at Halleck Creek. By collecting these samples, the company can feed its recent pilot facility in Laramie, Wyoming, with the necessary resources for in-depth testing and process refinement. This allows American Rare Earths to innovate and improve upon their extraction and processing techniques.
CEO’s Insights on the Approval
Chris Gibbs, the CEO of American Rare Earths, expressed enthusiasm regarding the approval. He stated that it reflects the hard work of the team and the positive collaborations they have established within the state. According to Gibbs, this bulk sampling will bolster pilot plant testing, laying a stronger technical foundation for the Cowboy State Mine at Halleck Creek. He emphasized their commitment to proceeding with the utmost environmental stewardship and community engagement.
Future Plans for the Halleck Creek Project
The upcoming activities related to the license will pave the way for rigorous pilot plant testing, metallurgical analysis, and process optimization. These steps are vital for advancing the project towards successful development.
American Rare Earths has made a promise to its shareholders to keep them updated as significant milestones are achieved throughout this journey.
Contact Information for Stakeholders
The announcement has been authorized for release by the CEO of American Rare Earths. For additional information, stakeholders can reach out to:
Susan Assadi
US Media Relations
Contact: sassadi@americanree.com
Phone: 347 977 7125
Beverly Jedynak
US Investor Relations
Contact: Beverly.jedynak@viriathus.com
Phone: 312 943 1123
Frequently Asked Questions
What licenses has American Rare Earths received?
The company was granted a License to Explore by Dozing at the Halleck Creek Rare Earths Project, allowing for test mining and bulk sampling.
What is the significance of bulk sampling?
Bulk sampling is critical for providing material for pilot processing tests, improving extraction techniques, and refining project design.
How does this license support the company's strategy?
This license is a key step toward advancing Halleck Creek as a cornerstone rare earths project, essential for meeting sustainable resource demands.
Who is overseeing the operations at Halleck Creek?
Operations at Halleck Creek are overseen by the team at American Rare Earths, with Chris Gibbs acting as CEO, guiding the project's direction.
What are the next steps after obtaining the license?
Next steps include pilot plant testing, metallurgical analysis, and process optimization to facilitate the project's future development.
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