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.