American Rare Earths Ltd · ASX:ARR
American Rare Earths — Investor Presentation (March 2023)
30 slides from American Rare Earths's investor presentation, March 2023
Slide 1: American Rare Earths Investor Presentation
American Rare Earths (ASX: ARR; OTC: ARRNF; FSE: 1BH) Investor Presentation March 2023
Slide 2: Disclaimers and forward looking statements
Disclaimers and forward looking statements Disclaimers Competent Person Statement 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 accordingly, are subje
Slide 3: Compelling story
Compelling story American Rare Earths is in the right place, at the right time, and with the right commodities. • Two world-scale projects in mining friendly jurisdictions − the massive Halleck Creek Project in Wyoming and its Arizona counterpart, La Paz. • Environmentally and socially responsible −
Slide 4: Our vision and mission
Our vision is to create significant shareholder value by being a leading and sustainable supplier of rare earths Our mission is to supply rare earths for renewable energy, green technology, a sustainable economy, national security and a carbon reduced future
Slide 5: Key areas of focus to create substantial shareholder value
Key areas of focus to create substantial shareholder value Expanding high value resources, including two of the potentially largest rare earths projects in the US Collaborating with leading R&D projects part of the US Government push to build domestic supply Exploring and developing new rare earth p
Slide 6: Corporate information and ownership structure
Ownership Structure Corporate American Rare Earths Limited (Australia) information (ASX: ARR; OTCQB: ARRNF; FSE: 1BH) Western Rare Earths Inc USA Wyoming Rare (USA) Inc (Project Searchlight) (Project Halleck Creek) Offices La Paz Rare Earth LLC, USA Sydney Suite 706, 89 York Street, (Project La Paz)
Slide 7: Our Trajectory
Our Trajectory
Slide 8: Our pathway to becoming a leading supplier of critical minerals
Our pathway to becoming a leading supplier of critical minerals for a sustainable future Exploration Define Finished Products resources and Be a leading supplier of reserves Production rare earths for a range of Purify and technologically advanced separate rare products vital to the Development eart
Slide 9: Our Key Projects
Our Key Projects
Slide 10: Key sites
Key sites Halleck Creek, WY 1 2 La Paz, AZ • Exploration Target of 1.01 to 1.27 billion tonnes • JORC resource of 170 million tonnes • High value magnetic metals (NdPr) • Exploration target of 742 to 928 million • JORC Resource Drilling Completed Dec 2022 tonnes • Significant JORC Resource Q1 2023 •
Slide 11: Halleck Creek, Wyoming
Halleck Creek, | ; : Wyoming
Slide 12: Halleck Creek District
Halleck Creek District • Potentially the largest North American rare earths deposit • Recently expanded district to 8,165 acres over seven zones • Existing Exploration Target of 1.01 to 1.27 billion tonnes with significant upside • Recent drilling shows mineralisation to depths of 50% more than expl
Slide 13: Significant JORC in the pipeline
Significant JORC in the pipeline • 38-hole, 5,726m drilled with 3,817 samples collected to analysis. • Final assays received confirm rare earth mineralisation at both the Red Mountain and Overton Mountain areas • Surface grades from previous sampling shown now to be consistent at depth • This is imp
Slide 14: Red Mountain Cross Sections
Red Mountain Cross Section A-A Red Mountain Cross Section B-B 14 AMERICAN RARE EARTHS | MARCH 2023
Slide 15: Overton Mountain Cross Sections
Overton Mountain Cross Section C-C Overton Mountain Cross Section D-D 15 AMERICAN RARE EARTHS | MARCH 2023
Slide 16: Outstanding mineralogy results
Outstanding mineralogy results • The mineralogy test work determined REM Association − REE Feed that rich allanite is the primary rare earth Liberation of Rare Earth Minerals by Size Fraction element bearing mineral at the project Mass (% REM) • The average grain size of the observed allanite was 23
Slide 17: Metallurgical test results
Metallurgical test results • Initial round of metallurgical results on the core material are very positive • Halleck Creek was rated in the lowest 14th Conceptual Flowsheet – Halleck Creek percentile for ore strength • The Bond abrasion index test returned a value of 0.24, below the average of Wood
Slide 18: La Paz, Arizona
La Paz, Arizona
Slide 19: La Paz REE and Scandium Project
La Paz REE and Scandium Project • 170.6 million tonnes JORC compliant resource • Exploration Target 742-928 million tonnes • Exploration Licenses across 7,506 acres with 33 Claims • Recovery rates of up to 66.4% TREO and 71.5% Scandium achieved • Near-surface resource • Negligible Thorium and Uraniu
Slide 20: Resource upside
Resource upside Multiple opportunities to substantially increase the JORC Resources at La Paz: Scope • Current Resource estimate encompass only 10.2% of project area • Maiden Resource area open laterally and at depth Quality • Plan to increase Indicated portion of existing JORC Resource with tighter
Slide 21: Upcoming activity
_ Upcoming activity =
Slide 22: Upcoming activity
Upcoming activity With a portfolio of rare earths assets, we are anticipating frequent activity this year and beyond Operational Activity Q1 CY23 Q2 CY23 Q3 CY23 Q4 CY23 Q1 CY24 Halleck Creek Assay Results & Analysis Maiden JORC Resource Estimate Metallurgy Testing Preliminary Economic Assessment La
Slide 23: Collaborating with US funded R&D projects
Collaborating with US funded R&D projects We are proud to partner with leading researchers at: US Department of Defense Advanced US Department of Energy Critical Materials Research Projects Agency’s EMBER program Institute (CMI) 23 AMERICAN RARE EARTHS | MARCH 2023 ASX: ARR OTCQB: ARRNF
Slide 24: Contact us
Contact us www.AmericanRareEarths.com.au Chris Gibbs Managing Director info@AmericanRareEarths.com.au
Slide 25: Management & Executive Directors
Management & Executive Directors Chris Gibbs − Managing Director and Chief Executive Officer Chris has over 28 Years experience in the resource sector within Australia, Canada, USA, South America, Africa and Europe. He is an innovative leader with a proven track record for implementing organisationa
Slide 26: Our Board
Our Board Creagh O'Connor − Chairman Creagh has approximately 40 years experience as a chief executive and board member for public and private companies. During this time, he has been involved in managing Australian and international oil, gas and mineral projects. Geoffrey Hill − Vice Chairman and N
Slide 27: End uses of magnet rare earths (NdPr)
End uses of magnet rare earths (NdPr) Permanent magnets for electric vehicles, offshore wind turbines, consumer electronics and national defence 27 AMERICAN RARE EARTHS | MARCH 2023 ASX: ARR OTCQB: ARRNF
Slide 28: Rare earths are a hot topic
Rare earths are a hot topic 28 AMERICAN RARE EARTHS | MARCH 2023 ASX: ARR OTCQB: ARRNF
Slide 29: Supply constraints and geopolitics
Supply constraints and geopolitics China mines 58% of rare earths but processes 85% at a time of rising geopolitical tensions. Documented production only, some estimations * Estimated Source: United States Geological Survey 29 AMERICAN RARE EARTHS | MARCH 2023 ASX: ARR OTCQB: ARRNF
Slide 30: US focus on supply chain security
US focus on supply chain security The rare earths market’s unique situation − enormous demand pull alongside US Government support Team Partnershi ps Projects With its strong US presence American Rare Earths is well poised to be at forefront of transformation in the critical minerals sector. 30 AMER
American Rare Earths — Investor Presentation (March 2023) on 6ix