Australia-based American Rare Earths rises on Wyoming project drill results
02/02/2023 23:52
** Shares of exploration co American Rare Earths Ltd
ARR.AX climb as much as 11.7% to A$0.335, their highest since
Aug. 17, 2022
** Co says assay results from 10 reverse circulation holes
at its Halleck Creek Rare Earths projects in Wyoming confirm
rare earth mineralisation to a depth of 150 metres, extending
the zone by 50%
** Co awaits assay results from 28 more drill holes at the
projects
** More than 3.6 mln shares change hands, 2.5 times the
30-day average of 1.4 mln shares
** As of last close, stock up 57.9% this year
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com;))
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