Australia's American Rare Earths rises on starting drilling at Wyoming project
18/03/2022 04:38
** Shares of American Rare Earths ARR.AX rise as much as
8.5% to A$0.445, highest since March 3
** The rare-earths explorer says diamond core drilling
campaign has commenced at its Halleck Creek Rare Earth project
site in Wyoming urn:newsml:reuters.com:*:nASX1CNfBt
** Says deep drilling will provide initial mineralisation,
lithology and fresh rock material for additional analysis
** Adds drilling is expected to be completed by late April
and assay results are expected in June
** As of last close, stock has more than doubled in value
this year
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com;))
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