Exceptional assay results received for diamond hole CDX0016, targeting the north-western extension of the primary rare earths zone down-dip.
The hole intersected a cumulative total of 51m at 2.5% TREO, comprised of four high-grade zones of:
- 21.2m at 1.8% TREO from 134.3m
- 7.3m at 3.5% TREO from 174m
- 2.2m at 6.8% TREO from 247.3m
- 13.8m at 2.7% TREO from 273m.
Primary mineralisation now extended to 240m below surface.
Result gives RareX the geological confidence to establish an Exploration Target for the primary zone.
Preliminary mineralogy on primary ore confirms relatively coarse massive monazite as the rare earths host.