American Rare Earths (AU:ARR) has released an update.
American Rare Earths is set to commence a 2,470-meter drilling program in July at the Cowboy State Mine to enhance resource estimation and prefeasibility studies. The company has secured an additional $4.6 million in R&D funding from DARPA and is initiating environmental permitting and advanced metallurgical testwork. These efforts aim to refine processing techniques and advance responsible mine development ahead of the 2025 fiscal year.
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