• American Rare Earths expands Halleck Creek resource, boosting U.S. Critical Mineral independence

  • Jan 29 2025
  • Length: 6 mins
  • Podcast

American Rare Earths expands Halleck Creek resource, boosting U.S. Critical Mineral independence

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  • American Rare Earths CEO Chris Gibbs joined Steve Darling from Proactive to share a major milestone update on the Halleck Creek Rare Earth Project in Wyoming. The latest JORC-compliant Mineral Resource Estimate confirms Halleck Creek as one of North America’s largest rare earth deposits, reinforcing the company’s progress in unlocking its potential as a strategic U.S. asset. Gibbs announced that the Halleck Creek resource has now surpassed 2.63 billion tonnes, marking a significant 12.2% increase over the previous estimate. This expansion underscores the project’s transformational scalability, with mineralization still open at depth and along strike. The Cowboy State Mine, situated in the Red Mountain area on Wyoming State land, benefits from a streamlined permitting process, accelerating the project’s development timeline. With favorable geology and near-surface mineralization, the site presents strong potential for a low-cost open-pit mining operation. Concurrently, ongoing metallurgical test work continues to demonstrate the project’s ability to process rare earth elements efficiently. These advancements further align ARR with U.S. government efforts to secure domestic critical mineral independence, reducing reliance on imports while fostering economic growth and strengthening national security. The company is now integrating the latest resource estimates and high-grade data into its Scoping Study, which is on track for completion and release in February 2025. #proactiveinvestors #americanrareearthslimited #asx #arr #otcqx #arrnf #adr #amrry #wyomingrareinc
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