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Re: None

Thursday, 04/04/2024 3:31:45 PM

Thursday, April 04, 2024 3:31:45 PM

Post# of 7192
Admittedly, it's a bit of a stretch, but here's why I believe REE's and the Halleck Creek exploration project are relevant to BYRG.

64 miles northeast of the BYRG's claims and the historic New Rambler mine site, American Rare Earths operates their Halleck Creek project and is in pursuit of Rare Earth Elements as a primary resource. Preliminary drill results as well as a scoping study for Halleck Creek were released this year and show promising results. "A significant portion of the deposit comprises magnet rare earth elements (Nd2O3, Pr6O11, Sm2O3, Dy2O3, and Tb4O7), which are crucial for various technologies. These elements constitute about 27% of the total resource, with an average grade of 774 ppm magnet REO, further emphasizing the deposit's economic potential (MINING.COM)" A continued trend of success at Halleck Creek to prove and claim this critical minerals resource WILL bring positive attention to southeast Wyoming's anomalously diverse geology, and mining efforts in proximity. The exploration and development of such deposits are widely established to be crucial for diversifying and securing domestic critical mineral resources separate from the predominant unreliable or perhaps hostile sources like Russia and China, and so the demand is bound to show its teeth very soon. USGS and WYGS continue to test these and surrounding sites, and as recently as 2023 with cooperation of BYRG management, in search of critical minerals, specifically, Rare Earth Elements.

Geologically speaking, both of these projects occupy adjacent shear zones and share similar geochemical anomalies and general geologic features and host rocks. Both sites are associated with mafic to ultramafic igneous rocks, a common host for both PGM and primary REE deposits. The New Rambler Mine is associated with shear zones cutting through a series of mafic igneous and metamorphic rocks, specifically noted to involve metadiorite and metagabbro. Such geological settings are said to be conducive to the concentration of both REE's and PGM's because of their magmatic and hydrothermal processes. The New Rambler Mine's ore bodies were structurally controlled, located at the intersection of mylonite zones with shear zones. Similarly, exploration for REE often targets areas where magmatic fluids have interacted with existing rocks to form mineralized zones. Both projects have targeted the presence of mineralized shear zones is a critical indicator their early sampling efforts and have specifically focused on these "Structurally controlled" formations. These have each independently confirmed a favorable outcome at the surface and so both are moving to conduct an exploration campaign to investigate their deposits at depth.