EXPLORATION UNDERWAY AT HIGHLY PROSPECTIVE WELD NORTH RARE EARTHS PROJECT

Drilling program buoyed by recent strong appreciation in Rare Earths pricing, with NdPr Oxide price up 40% in recent weeks


HIGHLIGHTS

  • All drill pads cleared and air-core drilling to commence later this week at the Weld North Rare Earths Project, located ~350km north of Kalgoorlie.

  • Drilling targeting a large circular magnetic anomaly, which may offer geological similarities to Lynas Corporation’s world-class Mt Weld rare earths mine, located 84km directly south.

  • Rare Earths prices have increased significantly in China, with the Neodymium- Praseodymium (NdPr) Oxide price up 40% over recent weeks.

READ FULL ASX ANNOUNCEMENT HERE