American Rare Earths Ltd · ASX:ARR
American Rare Earths — Q3 2022 Earnings Presentation
13 slides from American Rare Earths's earnings presentation, Nov 4, 2022
Slide 1: American Rare Earths September 2022 Quarterly Activities
For personal use only American Rare Earths (ASX: ARR; OTC: ARRNF; FSE: 1BH ) September 2022 Quarterly Activities American Rare Earths | October 2022 ASX: ARR OTCQB: ARRNF
Slide 2: Disclaimers and Competent Person Statements
Disclaimers and Competent Person Statements Disclaimers Competent Person Statement For personal use only This presentation contains forward-looking statements that involve subjective judgement and The information in this report that relates to Exploration Results is based on information analysis and
Slide 3: American Rare Earths: Developing critical minerals resources for a sustainable future
American Rare Earths Developing critical minerals resources for a sustainable future For personal use only Expanding high value resources. US Government funded R&D partnerships. Exploring and developing new rare earth projects. American Rare Earths Geologist Brianna Crenshaw at the La Paz Project. 3
Slide 4: Highlights for September Quarter
Highlights for September Quarter For personal use only ● La Paz metallurgical test work completed. ● US Department of Energy (DOE) funds next-generation rare earths processing research collaboration. ● Halleck Creek exploration target increases by 328%. ● Assay results from new claims area show sign
Slide 5: Financials
Financials For personal use only ● Well-funded to deliver our objectives. ● Cash position of $17,417,000. ● 4,000,000 ASX:COB shares. ● $3m promissory note with a financial asset value of $2.8m. ● 400,000 shares issued due to the exercise of options. ● Rights to NSR royalty of 2% on cobalt productio
Slide 6: A$14m Institutional Placement
A$14m Institutional Placement For personal use only ● Strongly supported by new and existing investors. ● Funding provides capital to accelerate exploration activities in North America. ● Major shareholder Fidelity International participates to maintain 9.9% holding. ● Shares issued at 0.29c per sha
Slide 7: La Paz Metallurgical Test Work Completed
La Paz Metallurgical Test Work Completed For personal use only ● Results confirm ore responds positively to conventional processing. ● Conceptual flowsheet developed. ● Next steps underway to optimize the process. Proposed Simplified La Paz Concentrator Flowsheet 7 American Rare Earths | October 202
Slide 8: Halleck Creek Exploration Target Increase
Halleck Creek Exploration Target Increase For personal use only ● New exploration target more than three times larger than previously estimated. ● Updated target outlines 1.01-1.27 billion tonnes. ● TREO grades range 2,245– 2,807 parts per million (ppm). 8 American Rare Earths | October 2022 ASX: AR
Slide 9: Halleck Creek Bluegrass Assay Results
Halleck Creek Bluegrass Assay Results For personal use only ● Newly claimed area of 32 unpatented federal load claims. ● Surface samples exhibit average TREO of 3051 ppm. ● REE mineralisation has potential to expand significantly. ● Results indicate REE continues east of Overton Mountain. TREO Value
Slide 10: Halleck Creek Resource Drilling
Halleck Creek Resource Drilling For personal use only ● Drilling approximately 44 holes at Red Mountain and Overton Mountain. ● To date: 14 holes drilled, 2125 meters, 1,400 samples. ● CQM occurring and depths to 150m ● Resource Model and Maiden Resource Estimates to follow in Q1 2023 10 American Ra
Slide 11: US Department of Energy Research Collaboration
US Department of Energy Research Collaboration For personal use only ● American Rare Earths wholly joined as industry partner in research consortium including Virginia Tech University. ● Team awarded R&D funding by US Department of Energy (DOE). ● Project’s goal to produce rare earths oxide products
Slide 12: Outlook
Outlook For personal use only AGM ● 9.30 am ACDT (South Australia)/ 10am AEDT, Tuesday 8 November Halleck Creek ● Continue drilling to define a significant JORC Resource. ● Continue metallurgical testwork. La Paz ● Permitting activities underway in the southwest area. R&D partnerships 12 American Ra
Slide 13: Contact Us
Contact Us For personal use only www.AmericanRareEarths.com.au Chris Gibbs CEO & Managing Director cgibbs@americanrareearths.com.au ph: +61 2 8054 9779 13 American Rare Earths | October 2022 ASX: ARR OTCQB: ARRNF