Filing Of 21 Mineral Lode Claims In Crook County

CALGARY – Argyle Resources Corp. reported that its exploration partner, Rangefront Mining Services, has filed 21 mineral lode claims on the Company’s behalf with the U.S. Bureau of Land Management (BLM) in Crook County, near Sundance, Wyoming. The Company is naming these consolidated claim blocks, the Sundance Bear Lodge REE Project.

The newly staked claims are strategically located in the Bear Lodge Mining District. The Bear Lodge Mining District, located in Crook County in northeast Wyoming, has been an active mining region since the discovery of gold in 1875 near Warren Peak. Exploration activity in the district has historically targeted gold, rare earth elements (REEs), barium, copper, lead, zinc, manganese, niobium, tantalum, thorium, fluorine, and phosphate1.

Most notably within the Bear Lodge Mining District, is the Bear Lodge Critical Rare Earth Project owned by Rare Element Resources Ltd. The Bear Lodge Critical Rare Earth Project has a 2024 Resource Estimate with economic grades and tonnage and plans to proceed with mine development.

The 21 lode claims have been submitted to the BLM for application processing, with finalization expected within approximately six weeks.