American Rare Earths (AU:ARR) has released an update.
American Rare Earths has successfully completed their 2024 drilling campaign at the Cowboy State Mine, with significant findings indicating rare earth mineralization to at least 302 meters depth. The comprehensive drill program, which included both HQ and RC holes totaling 2,616 meters, will inform the upcoming Prefeasibility Study. Investors eagerly await the assay results which will update geological models and resource estimates, driving potential market implications.
For further insights into AU:ARR stock, check out TipRanks’ Stock Analysis page.