AR3

AR3 has transitioned from heap leach proof-of-concept to continuous precipitation of Mixed Rare Earth Hydroxide—a saleable intermediate—using 5,000 L of pilot PLS at target recovery rates. This de-risks the downstream flowsheet and generates the engineering data required for the DFS, positioning the company to produce MREO samples for offtake partner qualification by year-end.

AR3 has moved from discovery hole (OV167, open-ended) to systematic testing of a 10km carbonatite corridor with supporting pyrochlore mineralogy and historic radiometric evidence—the progression hallmark of a maturing project. A 2,000m aircore program targeting five traverses is modest but disciplined, designed to establish continuity before resource definition; success would re-rate the story from single-hole luck to system-scale potential.