Another strong quarter for RareX as Cummins Range delivers spectacular high-grade rare earths and niobium intercepts and Trundle JV partner raises $5.33m and restarts drilling
HIGHLIGHTS
6,146m RC drill program completed at the Cummins Range Rare Earths Project
Spectacular wide, high-grade intercepts returned from initial RC holes
Grades and widths well above the Resource grade
Assays awaited for 39 holes
Planning completed for drilling at Weld North Rare Earths Project, commencing in November
Trundle JV partner Kincora Copper completed a $5.33m capital raising
Trundle drilling program substantially expanded with a further 17 diamond holes planned
Numerous nickel-copper-PGE targets identified at the Byro East Project in WA
RareX well funded to execute strategy with $4.7 million in cash and cash equivalents