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To: LoneClone who wrote (183371)	11/27/2024 3:21:26 PM
From: LoneClone	Read Replies (1) \| Respond to of 193039

American Rare Earths Reports Highest Grades to Date at Cowboy State Mine, Halleck Creek Project Highlights Final assay results from the last 5 holes of the 2024 drilling campaign confirm some of the highest-grade Total Rare Earth Oxide (TREO) intersections recorded at the Cowboy State Mine Area. Significant high-grade intervals include: HC24-RM046: 148.0 m @ 4,451 ppm TREO, including 52.5 m @ 5,273 ppm TREO (maximum 6,198 ppm TREO). HC24-RM048: 161.5 m @ 4,275 ppm TREO, including 40.5 m @ 5,287 ppm TREO (maximum 5,869 ppm TREO). HC24-RM049: 90.0 m @ 4,353 ppm TREO, including 16.5 m @ 5,313 ppm TREO (maximum 6,049 ppm TREO). Results confirm extensive high-grade zones, reinforcing Halleck Creek’s position as one of North America’s most promising rare earth developments. globenewswire.com November 26, 2024 08:33 ET \| Source: American Rare Earths DENVER, Nov. 26, 2024 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR \| OTCQX: ARRNF \| ADR: AMRRY) (“ARR”) through its wholly owned subsidiary Wyoming Rare (USA) Inc. (“WRI”), is pleased to announce the final assay results from its 2024 drilling campaign at the Cowboy State Mine (“CSM”) area within the Halleck Creek Project, Wyoming. These results represent a major milestone in ARR’s journey to establish a world-class rare earth resource capable of supporting the U.S. critical mineral supply chains. Drilling has revealed multiple high-grade intersections exceeding 5,000 ppm TREO, demonstrating the project’s upside potential. These findings will underpin updated geological models and resource estimates, paving the way for the next phase of development. Figure 1 – 2024 Drill Hole Locations and Assay Summaries Chris Gibbs, CEO of American Rare Earths, commented: “These exceptional results showcase Halleck Creek’s potential to become a flagship rare earth project for North America. The high-grade TREO zones identified underscore the significant scale and quality of the deposit and strengthen our confidence in the project’s future. With the U.S. government’s strong commitment to securing domestic critical mineral supply chains, Halleck Creek is well positioned to fulfill the US Government’s strategic objectives for both the defense industry and an array of economic elements supporting the energy transition. Our recent engagement with BMO Capital Markets and collaborations with industry-leading experts ensure we’re strategically aligned to accelerate the development of this world-class asset.” ARR is advancing toward completing an updated resource estimate and Pre-Feasibility Study (PFS) for Halleck Creek in 2025. The Company will continue to progress discussions with potential strategic partners to further unlock the value of this critical asset. This announcement is authorized for release by the CEO of American Rare Earths. Find more technical details and the full JORC report here. Competent Persons Statement: The information in this document is based on company work performed in October and November 2024. This work was reviewed and approved for release by Mr. Dwight Kinnes (Society of Mining Engineers #4063295RM) who is employed by American Rare Earths and has sufficient experience which is relevant to the style of mineralization 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. Kinnes consents to the inclusion in the report of the matters based upon the information in the form and context in which it appears. American Rare Earths (ASX: ARR \| OTCQX: ARRNF \| ADR: AMRRY)?owns Wyoming Rare (USA) Inc. which is focused on the development of the Halleck Creek Project, WY. It also owns La Paz, AZ rare earth deposit. Both can potentially become the largest and most sustainable rare earth projects in North America. The Company is developing environmentally friendly and cost-effective extraction and processing methods to meet the rapidly increasing demand for resources essential to the clean energy transition and US national security. The Company continues to evaluate other exploration opportunities and is collaborating with US Government-supported R&D to develop efficient processing and separation techniques of (REEs) elements to help ensure a renewable future. For additional information Susan Assadi Media Relations US sassadi@americanree.com 347 977 7125 A photo accompanying this announcement is available at globenewswire.com

To: LoneClone who wrote (183371)

11/27/2024 3:30:31 PM

From: LoneClone

Read Replies (1) | Respond to of 193039

CANTEX CONTINUES TO INTERSECT WORLD-CLASS SILVER-LEAD-ZINC +/- GERMANIUM GRADES AND EXTENDS ITS STRIKE LENGTH BY 300 METRES AT ITS 100% OWNED NORTH RACKLA PROJECT, YUKON

newswire.ca

News provided by Cantex Mine Development Corp. Nov 27, 2024, 08:30 ET

KELOWNA, BC, Nov. 27, 2024 /CNW/ - Cantex Mine Development Corp. (TSXV: CD) (OTCQB: CTXDF) (the "Company") is pleased to provide an update on its 100-percent-owned 14,077 hectare North Rackla claim block in the Yukon.

Dr. Charles Fipke reports

Figure 1. 2024 Drill Pads at Discovery Sector. (CNW Group/Cantex Mine Development Corp.)

Main Zone Drilling

Cantex has completed its 2024 drill program at North Rackla. Thirty-three holes totaling 6,000 metres were completed. This drilling included 28 holes drilled at the Massive Sulphide Zone and five holes drilled at the Copper Zone on the west side of the claim block (see news release dated August 19, 2024).

The drilling at the Massive Sulphide Zone focused on the Discovery Sector, continuing to extend the strike length of the mineralization. As shown in Figure 1 the drill-confirmed strike length is now 2.65 kilometres, an increase of 300 metres this season. The mineralization remains open both along strike and to depth.

Results from sixteen holes completed on the Discovery Sector of the Main Zone have been received and these results are presented in Table 1 below.

Highlights from these holes include a 2.4 metre interval of 25.82% combined lead-zinc within a broader interval of 13.63 metres of 7.25% combined lead-zinc in hole YKDD24-302B. Hole YKDD24-303 intersected a 2.1 metre interval of 27.63% lead-zinc within a broader 6.35 metre intercept of 13.91% combined lead-zinc. An 18.85 metre interval of mineralization was intersected in hole YKDD24-306 which contains 4.03% combined lead-zinc.

As presented in Table 1, the drilling in the northeastern portion of the Main Zone contains elevated copper values suggesting that this could be the central feeder zone of the mineralization. If in fact this area in the northeast corner of our drilling is the centre of the deposit, then the strike length could possibly be doubled.

These notable intercepts continue to demonstrate the significant size and grade of the Main Zone mineralization. As previously demonstrated the Main Zone is also significantly enriched in germanium. The germanium results for these intervals are awaited and will be reported when received.

Table 1. Significant drill results from the Discovery Sector

Pad	Dip	Hole	From	To	Interval	Silver	Lead	Zinc	Lead + Zinc	Cop per
			(m)	(m)	(m)	g/t	( %)	( %)	( %)	( %)
MZ53B	-45	YKDD24-302*	56.60	57.00	0.40	90.7	5.56	15.40	20.96	0.04

		YKDD24-302B	92.40	106.03	13.63	17.3	3.59	3.66	7.25	0.01
		*Including*	94.70	97.10	2.40	69.1	16.74	9.08	25.82	0.03

	-55	YKDD24-304	101.00	104.80	3.80	10.4	0.65	3.58	4.23	0.01

	-65	YKDD24-306	79.75	81.80	2.05	37.2	7.10	4.48	11.58	0.01
			99.00	117.85	18.85	9.8	1.88	2.15	4.03	0.01
			130.14	131.74	1.60	17.4	3.25	7.06	10.31	0.02

MZ55A	-55	YKDD24-293	190.50	191.30	0.80	7.2	3.94	1.28	5.22	0.02

	-65	YKDD24-295	197.90	198.40	0.50	9.4	1.57	6.80	8.37	0.05
	-65	YKDD24-295	250.65	254.75	4.10	1.6	0.09	1.18	1.26	0.00

	-75	YKDD24-297	241.11	244.50	3.39	19.8	0.85	4.21	5.06	0.12

MZ56	-55	YKDD24-300	69.30	69.80	0.50	38.5	1.25	0.55	1.79	0.29
			72.45	72.95	0.50	24.2	4.31	2.11	6.42	0.02
			81.85	91.50	9.65	11.9	2.09	3.55	5.64	0.04
		*Including*	85.45	88.10	2.65	17.0	3.56	9.78	13.34	0.02
			109.00	111.25	2.25	2.5	0.94	0.90	1.84	0.00

	-65	YKDD24-301	86.90	94.66	7.76	7.4	0.79	1.11	1.90	0.05
	-65		122.68	125.95	3.27	8.2	1.57	5.07	6.64	0.01

	-75	YKDD24-303	80.24	82.40	2.16	2.9	0.33	2.75	3.08	0.01
			99.00	105.35	6.35	26.3	4.79	9.13	13.91	0.05
		*Including*	100.95	103.05	2.10	51.3	11.25	16.39	27.63	0.07
			137.33	138.10	0.77	13.5	2.47	0.84	3.31	0.06
			143.50	145.40	1.90	12.9	2.29	7.02	9.30	0.01

	-85	YKDD24-305	171.40	172.00	0.60	21.5	6.78	2.76	9.54	0.01

MZ58A	-75	YKDD24-296	264.28	264.78	0.50	7.8	0.54	1.97	2.50	0.05

*Hole YKDD24-302 was lost due to ground conditions and was re-drilled as hole YKDD24-302B.

Summary

Cantex's directors are pleased that drilling at Massive Sulphide project continues to expand the strike length of the high-grade mineralization. The Company looks forward to the germanium results from the intervals reported in this release as well as the complete results from a further twelve holes at the Main Zone.

Massive Sulphide Project Overview

Cantex is pleased to present a short video focused on the North Rackla project. It can be accessed at c212.net.

Sample Preparation

The drill holes reported in this press release were drilled using HQ (63.5mm) diamond drill bits. The core was logged, marked up for sampling and then divided into equal halves using a diamond saw on site. One half of the core was left in the original core box. The other half was sampled and placed into sealed bags. Core samples averaged over 3kg in weight.

The core samples are placed into larger bags closed with security seals prior to being transported to the ISO 9001 certified CF Mineral Research Ltd. laboratory in Kelowna, BC.

At CF Minerals the samples were dried prior to crushing to -10 mesh. The crushed material from a sample was then mixed prior to splitting off 800g. The 800g splits were pulverized to -200 mesh and a 250g split was sent for assay. Quality control procedures included running a barren sand sample through both the crusher and pulveriser between each sample to ensure no inter-sample contamination occurred. Silica blanks were inserted along with certified reference samples. These quality control samples were each inserted approximately every 20 samples.

ALS Chemex in Vancouver assayed the samples using a four-acid digestion with an ICP-MS finish. The 48 element ME-MS61 technique was used to provide a geochemical signature. For samples where lead or zinc values exceeded one percent the Pb-OG62 or Zn-OG62 techniques were used. These have upper limits of 20% lead and 30% zinc respectively. Samples with lead and zinc values over these limits were then analyzed by titration methods Pb-VOL70 and Zn-VOL50. Where silver samples exceeded 100 g/t the Ag-OG62 technique was used which has an upper limit of 1,500 g/t.

The technical information and results reported here have been reviewed by Mr. Chad Ulansky P.Geol., a Qualified Person under National Instrument 43-101, who is responsible for the technical content of this release.

Signed,
Charles Fipke

Dr. Charles Fipke, CM
Chairman

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Information set forth in this news release includes forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks identified in the management discussion and analysis section of the Company's interim and most recent annual financial statements or other reports and filings with Canadian securities regulators. Forward looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the respective companies undertake no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.

SOURCE Cantex Mine Development Corp.

For further information: Cantex Mine Development Corp, Tel: +1-250-860-8582; Email: info@cantex.ca