Bayan Mining and Minerals (ASX: BMM) has strategically expanded its land holding in the USA, targeting a prominent rare earth, precious, and critical minerals exploration area. Bayan Mining and Minerals focuses on acquiring, exploring, and developing resource projects. The company is committed to creating shareholder value through discovery and strategic partnerships.
The company has filed staking applications for 45 federal lode claims, covering approximately 3.75 square kilometres in California’s Mojave Desert. The claims align with the same regional corridor as the Mountain Pass rare earth element (REE) mine and the Colosseum gold mine. These new claims also complement Bayan’s existing Desert Star project, bringing the company’s total landholding to 117 lode claims in the mineral belt.
The Desert Star North tenement is centrally located just 85km from Las Vegas. The location benefits from existing infrastructure, including power transmission lines servicing the Mountain Pass mine and a Union Pacific rail line, providing potential access for bulk transport and energy supply. The tenement sits within a northwest-trending crustal-scale corridor, flanked by major regional structures that are recognised as key controls on mineralisation in the region.
Executive director Fadi Diab stated that Bayan would include the expanded ground package in its ongoing exploration strategy, which includes a desktop study already in progress, with reconnaissance mapping and geochemical sampling to commence soon. Diab noted that the addition of Desert Star North significantly strengthens Bayan’s position in what is emerging as one of the most prospective critical mineral corridors in the US, offering compelling potential for both rare earth and gold discoveries.
