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FURTHER STRONG ASSAYS FROM CUMMINS RANGE HIGHLIGHT DEPTH EXTENSIONS




All results now received and set to be incorporated in an updated Mineral Resource in Q1 2021, with drilling to resume in March 2021 targeting higher-grade primary mineralisation

HIGHLIGHTS


  • Final assay results received from RareX’s highly successful maiden in-fill and extensional drill program at the 100%-owned Cummins Range Rare Earths Project in the Kimberley Region of WA.

  • Results confirm depth extensions of previously reported wide mineralised zones and highlight the potential for high-grade primary mineralisation at depth:

CRX0054 (depth extensions)

  • 39m at 1.1% TREO and 0.1% Nb2O5 including:

  • - 5m at 2.6% TREO and 0.2% Nb2O5

  • 47 m at 3.1% TREO and 0.1% Nb2O5 including:

  • - 18m at 4.5% TREO and 0.1% Nb2O5 including: - 2m at 20.6% TREO and 0.1% Nb2O5

CRX0053 (depth extensions)

  • 66m at 1.8% TREO and 0.3% Nb2O5 including:

  • - 4m at 4.0% TREO and 0.6% Nb2O5; and

  • - 6m at 5.6% TREO and 0.5% Nb2O5; and

  • - 4m at 4.1% TREO and 0.1% Nb2O5; and

CRX0052

  • 6m at 5.1 % TREO

CRX0051

  • 63m at 1.3% TREO and 0.3% Nb2O5 including

  • - 14m at 2.6% TREO and 0.4% Nb2O5 including: - 3m at 4.9 TREO and 0.3% Nb2O5


CRX0050 (in mineralised fault breccia)

  • 35m at 1.6% TREO and 0.3% Nb2O5 including:

  • - 16m at 2.7% TREO and 0.6% Nb2O5

CRX0049

  • 58m at 1.1% TREO and 0.3% Nb2O5 including:

  • - 17m at 2.0% TREO and 0.4% Nb2O5


All results to be incorporated in an updated Mineral Resource in Q1 2021. Planning also well underway for the re-commencement of drilling in March 2021.

READ FULL ASX ANNOUNCEMENT HERE