Lengthy Channel Of Mineralisation Confirmed
RareX Limited (ASX: REE) has reported further significant results from recently completed in‐fill and extensional drilling at its 100%‐owned flagship Cummins Range Rare Earths Project in the Kimberley region of Western Australia.
Results from the two latest RC holes, CRX0012 and CRX0013, include significant widths of high‐ grade rare earths and niobium mineralisation with broad zones of bonanza grade mineralisation encountered in CRX0013.
The north‐west trending channel of mineralisation encountered in previously released drill holes CRX0002, CRX0003, CRX0010 and CRX0011 has been confirmed in holes CRX0012 and CRX0013, further enhancing the potential size and grade of the Resource in this area.
Previous historical drilling on surrounding sections had confirmed the presence of high‐grade mineralisation down to 70m below surface. The current drill program has now extended the zone of high‐grade mineralisation to 130m below surface.
Managing Director, Jeremy Robinson, said hole CRX0013 is especially significant in that it contains wide ultra‐high-grade zones including 13m at 10.7% TREO and 1.04% Nb2O5 from 76m and 8m at 9.1% TREO and 0.58% Nb2O5.
“We continue to be impressed by the consistency of this thick, high‐grade mineralisation within this north‐west channel within the Resource,” Mr Robinson said.
“These impressive results provide strong support for the potential both to upgrade the Resource and to define a high‐grade component within the broader Resource. “Understanding the controls on the high‐grade mineralisation in the weathered zone will also assist with targeting potential high‐grade primary mineralisation in follow‐up drilling to further expand the overall size of the Resource.”