Australian-American Mining Corp said this week that it has calculated an initial Indicated and Inferred JORC Resource of 128.2m tonnes at 371.5 ppm for 95.6m pounds of rare earth elements (REE) for its La Paz REE Project in Arizona, US.
An independent NI 43-101 is now being prepared and is due for completion before Christmas.
The next phase of extraction metallurgical test work...