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    • Nov 29, 2022

Outstanding Wide Rare Earths-Phosphate Intercepts Pave Way for Pivotal Resource Upgrade at Cummins..




Highlights

  • Assays received for two new diamond drill-holes completed as part of the 2022 drilling program at the Cummins Range Rare Earths and Phosphate Project, WA.

  • CDX0023 intersected 373m at 0.3% TREO, 4% P2O5 from 14m:

-Including a cumulative 51.7m at 1.3% TREO, which includes:

  • 8m @ 1.4% TREO & 3% P2O5 from 131m; and

  • 5.3m @ 1.8% TREO & 3% P2O5 from 297m; and

  • 8.85m @ 1% TREO & 6% P2O5 from 325.3m; and

  • 4.45m @ 1.8% TREO & 5% P2O5 from 347.8m

  • CDX0024 intersected 264.3m at 0.4% TREO 4% P2O5 from 150m:

-Including a cumulative 71m at 1.1% TREO, which includes:

  • 27.7m at 1% TREO and 3% P2O5;

  • 5.2m at 1% TREO and 4% P2O5; and

  • 5.85m at 2.1% TREO and 4% P2O5

  • Results to contribute towards key Mineral Resource Upgrade due next quarter

  • Assay results awaited for 49 holes and expected to be received over the coming months

"The wide intercepts continue to come through for Cummins Range and we expect to see a strong flow of news through until January next year now the program is complete.


"Once we have received all assay results, work will commence on what we expect to be a significant resource upgrade in the first quarter of next year.


“The mineralised system is now wider than it is long, with dimensions reaching 750m of strike, a width of 900m wide and extending to a depth of 500m.”



Jeremy Robinson

Managing Director


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