Western Rare Earths
Critical Materials for Renewable Energy, Green Tech, Electric Vehicles, National Security, and a carbon Reduced Future while on-shoring jobs in an NMTC + Opportunity Zone
La Paz Rare Earth LLC (LPRE)
La Paz Rare Earth
La Paz Rare Earth LLC (LPRE) was founded in August 2019 and is a wholly owned subsidiary of Australian listed company American Rare Earths (ASX:ARR).
LPRE was established to acquire and develop the advanced La Paz Rare Earth Project, located in La Paz County, Arizona, approximately 170 km northwest of Phoenix. The Project is surrounded by world class infrastructure within a mining friendly jurisdiction.
Initially, LPRE staked over 1,100 hectares of unencumbered tenements which formed the La Paz Acquisition and which it now controls 100% having received all permits from the Bureau of Land Management (BLM) and State of Arizona Land Department.
Upon Acquisition, the Company carried out successful field exploration activities which identified higher-grade zones of mineralisation extending outside the existing NI43-101 Resource to the South West. As such, LPRE moved quickly to submit further applications on an additional 660 hectares directly adjacent to La Paz which cover these extensions. Approval is anticipated early 2020.
Western Rare Earths
Rare earth elements were first discovered in the La Paz area during exploration sampling programs in mid-2010.
During 2011, Australian American Mining Corporation Ltd drilled 195 percussion holes for 5,120 metres, which supported a maiden resource estimate under independent NI 43-101 guidelines. The resource displays relatively uniform distribution of total rare earth elements (TRRE) across and along strike covering a resource area 2.5 km by 1.5km. The entire deposit is exposed at surface, or lightly concealed by alluvial cover. It is open at depth and is currently defined to 30m below surface.
LPRE initially plans to conduct low cost exploration activities (focused on advanced metallurgical test work programs) leveraging the vast historical expenditure on technical data sets from previous explorers. It is the Company’s intention to upgrade the existing resource to JORC 2012 standards.