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Swartz explained that the mapping and sampling campaign focused on achieving a higher resolution of data. A total of 95 samples were sent for analysis at ALS Global, including 5 quality assurance/quality control samples of standards, blanks, and duplicates. Surface samples revealed concentrations of up to 6,221 ppm total rare earth oxides (TREO), indicating the potential for a larger, higher-grade rare earth element (REE) resource area within the Cowboy State mine area. Notably, the mine planning in the recent scoping study averaged 3,805 ppm TREO.
Additionally, the samples showed significant concentrations of magnetic rare earths, averaging 27% of TREO. This data will be instrumental in supporting future drilling efforts aimed at delineating higher-grade resources.
Swartz expressed confidence in the company's prospects, highlighting the importance of these assay results in guiding future exploration and development activities. The findings underscore
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