InvestorsHub Logo
Followers 30
Posts 2756
Boards Moderated 0
Alias Born 02/11/2018

Re: mdb1 post# 37

Saturday, 06/18/2022 7:01:06 AM

Saturday, June 18, 2022 7:01:06 AM

Post# of 99
Significant Expansion Potential at Arizona Rare Earths Project
https://www.marketscreener.com/quote/stock/AMERICAN-RARE-EARTHS-LIMI-10358001/news/Significant-Expansion-Potential-at-Arizona-Rare-Earths-Project-40756473/

Due to the promising results, the company will accelerate its exploration plans to expand the current JORC compliant resources at La Paz. Pending permit approvals, more exploration drilling could happen as soon as late 2022.

CEO Chris Gibbs commented: “We are very excited by these results from the drill program at the La Paz Southwest zone. They confirm our exploration target potential and reinforce our view that the newly discovered, mineralized zone has significant potential to expand our current JORC resource. An upgrade gives La Paz the potential to be one of the largest rare earths projects in North America.”



Worth Keeping an eye on this even IF it is @7 +/- from production. They have working ties with U.S. govt. entities & may very well soon have one of the largest "clean" REE resources "open-pit" in La Paz & Halleck Creek once a market compliant REE NI-43-101 Resource estimate is completed.
More drilling, assays... PEA, environmental... etc....