Australia's American Rare Earths climbs on rare earth potential at Wyoming project
04/08/2022 06:37
** Shares of miner American Rare Earths Ltd ARR.AX jump as
much as 12% to A$0.280, mark their biggest intraday pct gain
since July 8
** Co says assay results from newly claimed Bluegrass area
indicates consistent rare earth mineralisation throughout
expanded Halleck Creek project in Wyoming (https://bit.ly/3QnyFFL)
** Says activities underway to expand existing exploration
target and commence resource drilling
** More than 2.7 mln shares change hands, 2.1 times the
30-day average of 1.3 mln shares
** As of last close, shares up 51.5% this year
(Reporting by Echha Jain in Bengaluru)
((echha.jain@thomsonreuters.com))
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