Drilling to Commence at Highly Prospective Weld North Rare Earths Project



Recently acquired project located just 84km north of Lynas Corporation’s new rare earths mine

HIGHLIGHTS

  • Drilling contractors engaged with drilling set to commence in November

  • Weld North, located ~350km from Kalgoorlie, covers a large circular magnetic anomaly

  • Located 84km directly north of Lynas Corporation’s Mt Weld rare earths mine in WA

  • Lynas recently selected Kalgoorlie as the location to build its new $500m cracking and leaching plant for processing rare earth material from its Mt Weld mine

  • Acquisition complements RareX’s flagship Cummins Range Project (assays awaited for balance of recent drilling)

READ FULL ASX ANNOUNCEMENT HERE