American Rare Earths CEO reveals encouraging results from Halleck Creek Project in Wyoming
Vancouver | December 04, 2023 12:45 PM Eastern Standard Time
American Rare Earths CEO Donald Swartz discusses promising assay results from the Halleck Creek project in Wyoming in an interview with Proactive's Stephen Gunnion.
Swartz emphasized the project's vast potential, with only 25% of mineralization traditionally explored. The recent drilling campaign revealed positive results, indicating potential beyond the current JORC resource.
Swartz anticipates an upgrade to the resource model and a new JORC update by January or the first quarter.
Metallurgical advancements are a focus, highlighting the non-refractory nature of the deposit, enabling conventional leaching for rare earth element recovery.
As the company moves towards an updated JORC, a scoping study is underway with Stantec, following the engagement of Perth-based metallurgy consultants.
Swartz also discussed the company's new chairman Ken Traub, bringing over 30 years of US public company experience.
American Rare Earths Ltd is developing its 100% owned magnet metals projects, La Paz in Arizona, and Halleck Creek in Wyoming.
Both have the potential to be among the largest, rare earths deposits in North America.
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