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Additional High-Grade Primary Mineralised Zones Discovered At Cummins Range As RareX Gears Up For...


Latest assays return the deepest intercept to date of 21.9m at 1.7% TREO1 including 6.4m at 3.5% TREO

HIGHLIGHTS

  • Further significant assay results received from 2021 drilling program at the Cummins Range Rare Earths Project in the Kimberley region of WA

  • Another deep high-grade zone discovered in hole CDX0018, which intersected: - 21.9m at 1.7% TREO, including 6.4m at 3.5% TREO

  • Further strong silver assays returned in hole CDX0017 - 5.9m at 1.5% TREO and 222g/t Ag

  • CDX0019 assayed 27m at 1.81% TREO including 5.6m at 4.81% TREO

  • Results support the recently announced Exploration Target for the primary zone

  • Major new resource expansion drilling program set to commence in 2-3 weeks

“The final batch of assays from the diamond drilling have been received, and they continue to support the huge growth potential in the primary zone, with new zones continuing to be discovered at depth. This gives us great confidence in the outlook for Cummins Range as we prepare to embark on the next major phase of resource expansion drilling, commencing in 2-3 weeks.


This next phase of exploration will be designed to convert the Exploration Target into JORC Resources and to elevate the Project into what we believe it represents – a top-3 rare earths deposit in Australia and one of the largest and most significant new development assets globally. We will provide further information on the upcoming drill program in the near future.”


Jeremy Robinson Managing Director