Proactive: American Rare Earths keen to unlock potential of new high-grade discovery

American Rare Earths Ltd (ASX:ARR, OTCQB:ARRNF) CEO Chris Gibbs tells Proactive the company has identified a new significant rare earth element (REE) deposit in Wyoming, US (Beaver Creek REE project) containing grades between 1.7% and 9.1% of rare earths lanthanum, cerium, neodymium, praseodymium and yttrium. The company has staked 37 federal unpatented lode claims covering about 303 hectares (749 acres) at the Beaver Creek REE Project.