Multiple High-Grade Zones Intersected In Best-Ever Diamond Hole At Cummins Range

Highlights

• 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.

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