American Rare Earths reports ‘outstanding’ drilling results at Cowboy State Mine
ASX-listed American Rare Earths on Tuesday announced the first assay results from the 2024 drilling campaign at the Cowboy State Mine (CSM) area of its Wyoming Rare (USA) Inc (WRI).
ALS Global provided assay results for 756 samples from 11 core and reverse circulation holes, plus one partial hole.
Drill hole HC24-RM035 showed an average grade of 4 393 parts per million (ppm) total rare earth oxides (TREO) across the entire 299.1 m length of the drill hole. The results continue to indicate the deposit remaining open at depth and extending well into Red Mountain.
Likewise, drill hole HC24-RM023 has an average TREO grade of 4 006 ppm over 117.5 m.
WRI geologists prepared and shipped 54 core samples to WSP for geomechanical analysis.
“These first assay results continue to demonstrate the upside potential of the Halleck Creek district. The 2024 drilling indicated elevated rare earth mineralisation of the CSM area extending well into Red Mountain. The sheer size and scale of the deposit continues to grow as these results confirm the deposit remaining open from surface to depths of at least 300 m,” said CEO Chris Gibbs.
“These drill holes allow us to expand our resource estimates into Red Mountain in the western portion of the CSM area. Our team continues to focus development on the CSM area, a portion of the Halleck Creek Wyoming state tenements. With a pathway to state permitting and recent government funding, the CSM area represents a unique opportunity to work with the state of Wyoming to rapidly advance the project,” added Gibbs.
The geological data, together with the results of geomechanical testwork, will provide the basis for detailed mine planning within the upcoming prefeasibility study.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation