EV-charging-station-768x512.jpg

RAREX DELIVERS MAJOR RESOURCE UPGRADE AT CUMMINSRANGE RARE EARTHS PROJECT, WA

47% increase in overall tonnes to 18.8Mt and maiden 11.1Mt Indicated Resource confirms that Cummins Range is a high-quality deposit with potential to underpin a long-life rare earths business




HIGHLIGHTS

  • 47% increase in overall tonnes to 18.8Mt at 1.15% TREO (inc. 0.23% NdPr) + 0.14% Nb2O5

  • High-grade tonnes to 6.5Mt at 1.98% TREO (inc. 0.38% NdPr) + 0.21% Nb2O5

  • Maiden Indicated Resource of 11.1Mt at 1.3% TREO (inc. 0.27% NdPr) + 0.17% Nb2O5

  • Potential by-product Niobium Resource reported for the first time

  • Deposit open in multiple directions – both down-dip and along strike

  • Major new 6,000m growth drill program well underway with RC drilling completed and diamond drilling set to begin shortly

  • First drill samples dispatched to the laboratory


CLICK HERE FOR FULL ASX ANNOUNCEMENT