American Rare Earths Limited announced the zircon co-product potential alongside REE processing at Halleck Creek as part of a research collaboration with the School of Energy Resources (?SER?) at the University of Wyoming. This work is a significant step forward in understanding the potential of zircon within the Red Mountain pluton at ARR?s flagship Halleck Creek REEs project. Dr. Lily Jackson, an expert in sedimentology, tectonics, and geochronology from SER, has led this research.

The Company aims to understand the significance of zircon within the REEs bearing Red Mountain pluton at Halleck Creek. Zircon, like allanite contains REEs elements and, has the potential to be a significant contributor of Heavy REEs (?HREE?) at Halleck Creek. This market announcement has been authorized for release to the market by the CEO of American Rare Earths.

Preliminary assessments uncovered notable anomalies in zircon within core samples collected from the Red Mountain pluton. The preliminary findings indicate that zircon may occur in greater abundance than previously observed. Observations also reveal that zircon in the samples have metamict cores like metamict cores observed in allanite at Halleck Creek.

Furthermore, this preliminary work indicates that metamict zircon cores (centers) exhibit an exceptional enrichment in REEs Elements compared to their rims. This work was reviewed and approved for release by Mr. Kelton Smith (Society of Mining Engineers #4227309RM) who is employed by Tetra Tech and has sufficient experience which is relevant to the metallurgical testing and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 JORC Code. Mr. Smith consents to the inclusion in the report of the matters based upon the information in the form and context in which it appears.