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Outstanding Drill Results at the Cowboy State Mine area for Wyoming Rare (USA) Inc.

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Outstanding Drill Results at the Cowboy State Mine area for Wyoming Rare (USA) Inc.


American Rare Earths

American Rare Earths

Drill Intercepts includes 299.1 Meters at 4,393 ppm TREO

Highlights

  • Assay results for 756 samples from the first 11 core and reverse circulation holes, has been received following the completion of the 2024 drilling campaign.

  • Assays show elevated rare earth mineralization from surface to depths of at least 300m.

  • Significant results include:

    • HC24-RM035: 299.1m @ 4,393 ppm Total Rare Earth Oxides (“TREO”)

    • HC24-RM023: 117.5m @ 4,006 ppm TREO

    • HC24-RM026: 81m @ 3,673 ppm TREO

    • HC24-RM028: 81m @ 3,602 ppm TREO

    • HC24-RM030: 81m @ 3,652 ppm TREO

    • HC24-RM031: 81m @ 2,698 ppm TREO

  • Deposit remains open at depth.

  • The results of this drill program to be used to update geological models, resource estimate and input for the upcoming Prefeasibility Study (“PFS”).

DENVER, Sept. 03, 2024 (GLOBE NEWSWIRE) — American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) (“ARR” or the “Company”) is pleased to announce the first assay results from the 2024 drilling campaign at the Cowboy State Mine (“CSM”) area of its wholly owned subsidiary, Wyoming Rare (USA) Inc (“WRI”).

ALS Global provided assay results for 756 samples from 11 core and reverse circulation holes, plus one partial hole. Since drilling concluded final drill hole locations were surveyed and geophysical logs for each drill were collected. Additionally, acoustic televiewer logs were collected in 7 core holes.

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Drill hole HC24-RM035 showed an average grade of 4,393 ppm TREO across the entire 299.1m length of the drill hole. The results continue to indicate the deposit remaining open at depth and extending well into Red Mountain. Likewise, drill hole HC24-RM023 has an average TREO grade of 4,006 ppm over 117.5m. WRI geologists prepared and shipped 54 core samples to WSP for geomechanical analysis. WRI also provided WSP with televiewer logs collected during the program.

Chris Gibbs, CEO, commented:
“These first assay results continue to demonstrate the upside potential of the Halleck Creek district. The 2024 drilling indicated elevated rare earth mineralization of the CSM area extending well into Red Mountain. The sheer size and scale of the deposit continues to grow as these results confirm the deposit remaining open from surface to depths of at least 300m.”

Gibbs continued: “These drill holes allow us to expand our resource estimates into Red Mountain in the western portion of the CSM area. Our team continues to focus development on the CSM area, a portion of the Halleck Creek Wyoming State Tenements. With a pathway to State permitting and recent Government funding, the CSM area represents a unique opportunity to work with the State of Wyoming to rapidly advance the Project. When the remaining assay results are received, we will update our geological models and resource estimates. This data, together with the results of geomechanical test work, will provide the basis for detailed mine planning within our upcoming PFS.”

WRI geologists are also using the assay data, and whole rock geochemistry to update lithological designations of specific rock types within the Red Mountain pluton. Geological modelling domains are also being updated based on these rock type designations. Once the remaining assay samples are received from ALS geological models will be updated to reflect all data at the CSM Area.

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This announcement is authorized for release by the CEO of American Rare Earths.

Full JORC Table available here

Competent Persons Statement:
The information in this document is based on company work performed in July and August 2024. This work was reviewed and approved for release by Mr. Dwight Kinnes (Society of Mining Engineers #4063295RM) who is employed by American Rare Earths and has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 JORC Code. Mr. Kinnes consents to the inclusion in the report of the matters based upon the information in the form and context in which it appears.

American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) owns Wyoming Rare (USA) Inc. which is focused on the development of the Halleck Creek Project, WY. It also owns La Paz, AZ rare earth deposit. Both can potentially become the largest and most sustainable rare earth projects in North America. The Company is developing environmentally friendly and cost-effective extraction and processing methods to meet the rapidly increasing demand for resources essential to the clean energy transition and US national security. The Company continues to evaluate other exploration opportunities and is collaborating with US Government-supported R&D to develop efficient processing and separation techniques of (REEs) elements to help ensure a renewable future.

Further information:

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Susan Assadi
Media Relations US
sassadi@americanree.com
347 977 7125

Beverly Jedynak
Investor Relations US
Beverly.jedynak@viriathus.com
312 943 1123

2024 Drill Hole Locations and Assay Summaries2024 Drill Hole Locations and Assay Summaries

2024 Drill Hole Locations and Assay Summaries

Figure 1 – 2024 Drill Hole Locations and Assay Summaries

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/44016a46-ad3f-4264-b14d-9a6e8a94c46c



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Wyoming

Wyoming High School Football Scoreboard And Standings – Week 1 2024

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Wyoming High School Football Scoreboard And Standings – Week 1 2024


Sheridan’s next game is scheduled for Friday, September 13th at Natrona at 7pm.

Big Horn’s next game is scheduled for Friday, September 13th at home vs. Wheatland at 6pm.

Tongue River’s next game is scheduled for Friday, September 13th at home vs. Burns at 2pm.

Buffalo’s next game is scheduled for Friday, September 13th at home vs. Jackson at 6pm.

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Kaycee’s next game is scheduled for Friday, September 13th at Burlington at 2pm.


4A Standings:

Campbell County 2-0

Cheyenne East 2-0

Natrona 2-0

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Sheridan 2-0

Kelly Walsh 1-1

Rock Springs 1-1

Cheyenne Central 0-2

Cheyenne South 0-2

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Laramie 0-2

Thunder Basin 0-2

4A Scores from this week:

Sheridan 28 Thunder Basin 0

Cheyenne East 84 Cheyenne South 6

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Campbell County 21 Cheyenne Central 19

Natrona 28 Rock Springs 3

Kelly Walsh 34 Laramie 14


3A East Standings:

Buffalo 1-0

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Douglas 1-0

Lander 1-0

Torrington 1-0

Rawlins 0-1

Riverton 0-1

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3A West Standings:

Cody 1-0

Powell 1-0

Star Valley 1-0

Evanston 0-1

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Green River 0-1

Jackson 0-1

3A Scores from this week:

Buffalo 42 2A Newcastle 14

Torrington 26 2A Wheatland 6

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2A Pinedale 48 Rawlins 12

Cody 47 Riverton 24

Douglas 33 Jackson 23

Lander 21 Green River 14

Powell 17 2A Worland 0

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Star Valley 49 Preston, ID 13

Vista Ridge, CO 38 Evanston 14


2A East Standings:

Big Horn 1-0

Glenrock 0-0

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Upton-Sundance 0-0

Burns 0-1

Moorcroft 0-1

Newcastle 0-1

Tongue River 0-1

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Wheatland 0-1

2A West Standings:

Kemmerer 1-0

Lyman 1-0

Mountain View 1-0

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Pinedale 1-0

Thermopolis 1-0

Cokeville 0-1

Lovell 0-1

Worland 0-1

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2A Scores from this week:

Big Horn 28 Lovell 24

Thermopolis 34 Tongue River 0

Lyman 48 Burns 6

Kemmerer 50 Moorcroft 6

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3A Buffalo 42 Newcastle 14

3A Torrington 26 Wheatland 6

Holyoke, CO at Glenrock – Saturday 2pm

3A Powell 17 Worland 0

Pinedale 48 3A Rawlins 12

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Mountain View 28 Randolph, UT Rich County 0

West Jefferson, ID 27 Cokeville 7


9-Man East Standings:

Lingle-Ft. Laramie 1-0

Lusk 1-0

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Pine Bluffs 1-0

Saratoga 1-0

Southeast 1-0

Wright 1-0

Guernsey-Sunrise 0-0

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9-Man West Standings:

Wyoming Indian 0-0

Big Piney 0-1

Greybull 0-1

Rocky Mountain 0-1

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Shoshoni 0-1

Wind River 0-1

9-Man Scores from this week:

Lingle-Ft. Laramie 63 Wind River 14

Southeast 30 Big Piney 8

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Pine Bluffs 45 Shoshoni 6

Lusk 22 Rocky Mountain 12

Wright 34 Greybull 8

Saratoga 67 Cheyenne South JV 7

Wyoming Indian at Guernsey-Sunrise – Saturday 1pm

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6-Man North Standings:

Kaycee 1-0

Midwest 1-0

Burlington 0-0

Hulett 0-0

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Meeteetse 0-0

Ten Sleep 0-0

Riverside 0-1

6-Man South Standings:

Encampment 1-0

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Dubois 0-0

H.E.M. 0-0

Little Snake River 0-0

Casper Christian 0-1

Farson-Eden 0-1

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6-Man Scores from this week:

Kaycee 34 Farson-Eden 20

Encampment 46 Riverside 13

Midwest 53 Casper Christian 6

Burlington at Little Snake River – Saturday 1pm

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H.E.M. vs. Hulett – Saturday 1pm at Midwest

Dubois at Ten Sleep – Saturday 2pm



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Wyoming

Boys and Girls Clubs of Central Wyoming announces nominees for 2024 Youth of the Year award

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Boys and Girls Clubs of Central Wyoming announces nominees for 2024 Youth of the Year  award


CASPER, Wyo. (Wyoming News Now) – As the Boys and Girls Clubs of Central Wyoming (BGCCW) prepare to host its 26th annual awards and recognition breakfast event, nine youth have been nominated for the title of Youth of the Year.

To qualify for the award, participants must be active club members for at least two years, be over the age of 14, and to demonstrate good moral character and academic excellence.

This year’s nominees are Alex M., Brooklyn S., and Derrek K. from Kelly Walsh High School; Brynn M., Quincey B., and Daniel E. from Natrona County High School; Gracee G. from Sheridan High School; Isabell N. from Dubois High School; And finally, Jase B. from Heathrow Academy.

The winner of the title of Youth of the Year will receive a $7500 scholarship.

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By recognizing these youth, the BGCCW team hopes to empower teens and shape the next generation of leaders.

Teen Director Sherman Hill explains, “A lot of them want to do something fantastic in the future. They want to be social workers, they want to be teachers, they want to do everything like that. So this is that stepping stone of letting them show, if they give back to the community, give back to the club, they have this opportunity to get that head step.”

The Youth of the Year will be announced at the BGCCW awards and recognition breakfast on Wednesday, September 18.



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Wyoming

Plug Pulled on Project Bison CO2 Sequestration Project – SweetwaterNOW

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Plug Pulled on Project Bison CO2 Sequestration Project – SweetwaterNOW






CarbonCapture Inc. aimed to remove 5,000,000 tons of atmospheric CO2 annually by 2030 through Project Bison.

ROCK SPRINGS – What would have been a revolutionary carbon capture project in Sweetwater County is now dead as the company behind it has opted to focus its attention to other projects. 

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CarbonCapture Inc. announced recently that its Project Bison would be suspended due to competition for renewable energy, leading the company to focus on other carbon capture projects. Company references to Project Bison have been removed from CarbonCapture’s website, though links to news articles referencing Wyoming remain. A new project, Project Sonora, is listed on the company’s main page, with a short note advising that details about the project are forthcoming.

Project Bison was one of many industrial projects slated for southwestern Wyoming. Other industrial projects taking place include new trona mines in Sweetwater county and the joint venture between TerraPower and Rocky Mountain Power to build a nuclear reactor in Kemmerer. Kayla McDonald, the economic development specialist for the Sweetwater Economic Development Coalition, says the development is disappointing, but SEDC remains ready to assist if the company returns with new projects for the area.

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“It’s unfortunate for Sweetwater County and the State of Wyoming, but we wish the Project Bison team the best,” she said. “SEDC stands ready to support them should they consider future projects in Sweetwater County. In the meantime, the southwest side of the state has a lot of growth on the horizon and SEDC is doing its part in helping the projects that have been announced with initiative to help their projects be successful. We are excited for the future growth that awaits in Sweetwater County.”

The project termination comes months after CarbonCapture showed its Leo Series of commercial carbon capture units at an event in June. Ron Wild, regional business manager for Rocky Mountain Power, attended the event and said the company didn’t mention the possibility of suspending Project Bison at that time. The company listed Rep. J.T. Larson, R-Rock Springs, as one of the speakers at the event.

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Despite progress being made on the project before its termination, there were concerns about how it would be powered. According to Politico, Department of Energy documents released through a Freedom of Information Act request outlined the company’s interest in small nuclear reactors as part of the initial concept for the Wyoming Regional Direct Air Capture Hub.

“It adds complication upon complication,” Wil Burns, the co-director of American University’s Institute for Carbon Removal Law and Policy told Politico in January. “You’re starting off with a complex new technology, and now you’re trying to wed another complex technology, including one that’s in transition.”

Prior to pulling the plug on Project Bison, CarbonCapture was active in the area. The company hired a Sweetwater County-based community relations manager and had representation on Western Wyoming Community College’s presidential search committee. The company also hosted local town hall meetings about the project.





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