American Rare Earths Limited CEO Donald Swartz recently shared significant news about the assay results from a recent mapping and sampling program at the Cowboy State Mine area in Wyoming. The results, which provide valuable insights, will enable the company to target higher-grade areas contiguous to the mining area identified in the recently published scoping study.
The mapping and sampling campaign focused on achieving a higher resolution of data, with a total of 95 samples sent for analysis at ALS Global. These surface samples revealed concentrations of up to 6,221 ppm total rare earth oxides (TREO), indicating the potential for a larger, higher-grade rare earth element (REE) resource area within the Cowboy State mine area.
Furthermore, the samples showed significant concentrations of magnetic rare earths, averaging 27% of TREO. This data will be instrumental in supporting future drilling efforts aimed at delineating higher-grade resources. These findings complement the updated JORC resource estimate of 2.34 billion tonnes and demonstrate consistently enriched mineralization at Halleck Creek.
Swartz expressed confidence in the company’s prospects, emphasizing the importance of these assay results in guiding future exploration and development activities. The findings underscore American Rare Earths’ commitment to advancing its projects and unlocking the full potential of its rare earth element deposits in the Cowboy State Mine area.
For more insights into American Rare Earths’ recent developments and its strategic vision for the future, you can watch the full interview here.
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