American Rare Earths (ASX: $ARR) Surface Geochemistry Samples Announcement

American Rare Earths (ASX: $ARR) has released the results of surface geochemistry samples across the Bluegrass, northern Overton Mountain, and Sommers Flat Area at the Halleck Creek Rare Earths project. The samples, collected in June 2024, demonstrated Total Rare Earth Oxide (TREO) grades of up to 5,280 ppm, indicating significant potential for expansion and exploration in the area.

Executive Commentary on Halleck Creek Expansion Potential Assays

The recent mapping and sampling from our geologists clearly show that the Bluegrass area will be a high priority exploration / expansion area for ARR. This area is contiguous to prior drilling at the Overton area, and we plan to perform expanded exploration at Bluegrass and will be updating exploration permits with the Bureau of Land Management (BLM) and Wyoming Department of Environmental Quality (WDEQ) for 2024-2025. Additional field mapping and sampling at Sommers Flat will provide details on the CQM dikes and help us to determine if long-range exploration of Sommers Flat is warranted.

Summary of Halleck Creek Surface Geochemistry Samples Announcement

American Rare Earths' surface geochemistry samples at the Halleck Creek Rare Earths project have revealed significant potential for expansion and exploration, with Total Rare Earth Oxide (TREO) grades reaching up to 5,280 ppm. The company plans to focus on the high-priority exploration and expansion area at Bluegrass, adjacent to prior drilling at the Overton area. Additionally, further exploration permits and agreements are being pursued to facilitate expanded exploration in the identified areas. The results indicate promising opportunities for American Rare Earths' ongoing development and its contribution to the clean energy transition and US national security.