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American Rare Earths Ltd. (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) is set to embark on a 2,470-meter drilling program in the Cowboy State Mine area in July 2024. The aim of this drilling program is to enhance resources and advance mine planning work for prefeasibility analysis. This exciting development marks a significant step forward in the company’s exploration efforts.
Additionally, a new Research and Development partnership funding has been approved by the Defense Advanced Research Projects Agency (DARPA), with Lawrence Livermore National Laboratory receiving $US 4.6 million as part of these funds. This funding will be utilized to support flowsheet design at Halleck Creek, showcasing the collaborative efforts between government agencies and private entities in advancing research and development in the mining industry.
In line with these developments, permitting activities have commenced at the Cowboy State Mine, starting with baseline environmental data collection and analysis. This signifies a commitment to responsible mining practices and environmental stewardship in the company’s operations.
Furthermore, American Rare Earths CEO, Donald Swartz, expressed enthusiasm about the upcoming drilling program and the opportunities it presents for upgrading resource estimates and advancing studies in the fiscal year 2025. The company is also focusing on refining mineral processing flowsheets through collaborations with Mineral Technologies and SGS Canada, with testwork underway to optimize separation and concentration processes.
Overall, these recent advancements highlight American Rare Earths’ dedication to project execution, environmental sustainability, and technological innovation in the rare earth mining sector. With promising developments on the horizon, the company is poised for further growth and success in the industry.
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