Announcement PDF ASX / MEDIA ANNOUNCEMENT 13 October 2020 SIGNIFICANT NIOBIUM ASSAYS ADD NEW DIMENSION TO CUMMINS RANGE AS CRITICAL MINERALS PROJECT Niobium recently included as a Critical Mineral for the US and Australia HIGHLIGHTS • Assays now received for Niobium, Phosphate and Scandium in first three in-fill drill holes at the Cummins Range Rare Earths Project, with outstanding results including: CRX0002 • 41m at 4.0% TREO + 0.21% Nb2O5 from 29m down-hole, including: - 29m at 5.2% TREO + 0.25% Nb2O5 from 29m including 3m at 13.9% TREO + 0.25% Nb2O5 from 30m • 12m at 1.7% TREO + 0.25% Nb2O5 from 3m down-hole including 3m at 4.8% TREO + 0.57% Nb2O5 • 10m at 1.3% TREO + 0.14% Nb2O5 from 79m down-hole including 6m at 1.7% TREO + 0.18% Nb2O5 CRX0003 • 36m at 4.6% TREO + 0.32% Nb2O5 from surface, including: - 3m at 25.1% TREO + 0.45% Nb2O5 from 15m down-hole • 11m at 1.8% TREO + 0.19% Nb205 from 50m down-hole including 2m at 6.8% TREO • 5m at 1.3% TREO from 86m down-hole including 1m at 4.1% TREO • High-grade zones significantly above the known resource grade (Inferred Resource for Cummins Range of 13Mt at 1.13% TREO) • Remaining assays expected over the next month RareX Limited (“RareX” or “the Company”) (ASX: REE) is pleased to advise that it has confirmed the presence of the critical mineral niobium in significant concentrations within the recently announced high-grade Rare Earth Element (REE) intercepts announced from its 100%-owned Cummins Range Rare Earths Project in the Kimberley region of Western Australia. The Company has now received the full suite of elements from the first batch of assays from the recently completed in-fill and extensional drilling program, which returned exceptional thick, high-grade results (refer ASX announcement, 30 September 2020). Assays from the first three Reverse Circulation (RC) holes have returned results significantly above the resource grade, including spectacular widths and grades in both CRX0002 and CRX0003. RareX Limited Suite 23, 513 Hay Street, Subiaco WA 6008 Ph: 08 6143 6720 ACN: 105 578 756 1 These holes intersected significant shallow zones of mineralisation including 41m at 4% TREO + 0.21% Nb2O5 from 29m and 36m at 4.6% TREO + 0.32% Nb2O5 from surface including an ultrahigh-grade zone of 3m at 25.1% TREO + 0.45% Nb2O5. The final assays received from the laboratory have confirmed the presence of niobium in significant concentrations within the previously reported intersections. Pyrochlore is a niobiumbearing mineral and has been identified in historic thin sections and is forming in the REE mineralised horizons. Assays received from this first batch contain grades of up to 1.39% Nb2O5. As a result, niobium will now be investigated as a possible by-product from any future operations. The deposit also contains appreciable phosphate and scandium and these will be closely assessed going forward. RareX Managing Director, Jeremy Robinson, said: “With niobium trading fairly consistently at about US$40/kg for much of the last decade, compared to an expected rare earth oxide price of US$15/kg, this could represent a significant by-product for the project. “Niobium is one of the 35 critical minerals identified by both the US and Australian governments as a mineral of strategic weakness due to their concentrated supply source – Brazil in the case of niobium.” Figure 1- Cummins Range Cross Section 307265E These results are part of the recent in-fill program which was designed both to increase the confidence of the Resource from Inferred to Indicated category and to better define a higherRareX Limited Suite 23, 513 Hay Street, Subiaco WA 6008 Ph: 08 6143 6720 ACN: 105 578 756 2 grade portion of the Resource. The current Inferred Resource for Cummins Range is 13 million tonnes at 1.13% TREO. Figure 2- Cummins Drill Collar Location Plan These initial results are part of the 6,143m of drilling completed, with the next batch of assays scheduled to be received over the next week, slightly behind schedule due to excess demand on the lab. Table 1. Significant Intervals Hole ID From To Interval CRX0001 CRX0001 CRX0001 CRX0002 Incl. CRX0002 Incl. Incl. CRX0002 Incl. CRX0003 Incl. CRX0003 Incl. CRX0003 Incl. 50 61 69 3 3 29 29 30 79 81 0 15 50 58 86 87 54 67 73 15 6 70 58 33 89 87 36 18 61 60 91 88 4 6 4 12 3 41 29 3 10 6 36 3 11 2 5 1 RareX Limited Suite 23, 513 Hay Street, Subiaco WA 6008 Ph: 08 6143 6720 ACN: 105 578 756 3 TREO+Y2O3 % 0.62 1.52 0.68 1.71 4.8 3.97 5.2 13.85 1.3 1.7 4.59 25.07 1.82 6.77 1.28 4.1 Nb205 ppm 0.11 0.16 0.09 0.25 0.57 0.21 0.25 0.25 0.14 0.18 0.32 0.45 0.19 0.05 0.02 0.01 P2O5 % 3.06 12.71 6.2 5.38 4.67 12.94 15.4 13.31 17.37 20.6 15.13 16.03 20.87 23.47 3.37 7.09 Table 2. Drill Hole Collar Locations Hole ID East MGA North MGA RL End Depth Azimuth Dip CRX0001 307265.7 7866583.1 391 114 180 60 CRX0002 307266.4 7866621.3 391 90 180 60 CRX0003 307266.6 7866661.3 391 97 180 60 Full details of assay results are set out in Appendix 1. This announcement has been authorized for release by the Board of RareX Limited. For further information, please contact: RareX Limited Jeremy Robinson Executive Director Ph: 08 6143 6720 Competent Person’s Statement Media Enquiries Nicholas Read Read Corporate Ph: 08 9388 1474 Information in this release that relates to current Exploration Results is based on and fairly represents information and supporting documentation prepared and compiled by Mr Guy Moulang, an experienced geologist consulting for RareX Limited. Mr Moulang is a Member of the Australian Institute of Geoscientist and has sufficient experience which is relevant to the styles of mineralisation and types of deposits under consideration and to the activities being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Moulang consents to the inclusion in this release of the matters based on his information in the form and context in which it appears. RareX Limited Suite 23, 513 Hay Street, Subiaco WA 6008 Ph: 08 6143 6720 ACN: 105 578 756 4 Appendix 1: Full Assay Table HoleID From To Interva TREO+Y2O3 l % CRX000 0 2 2 0.1 1 CRX000 2 6 4 0.17 1 CRX000 6 10 4 0.22 1 CRX000 10 14 4 0.37 1 CRX000 14 18 4 0.35 1 CRX000 18 22 4 0.35 1 CRX000 22 26 4 0.33 1 CRX000 26 30 4 0.24 1 CRX000 30 33 3 0.37 1 CRX000 33 37 4 0.31 1 CRX000 37 41 4 0.3 1 CRX000 41 43 2 0.3 1 CRX000 43 47 4 0.22 1 CRX000 47 50 3 0.26 1 CRX000 50 54 4 0.62 1 CRX000 54 58 4 0.4 1 CRX000 58 61 3 0.5 1 CRX000 61 64 3 1.66 1 La2O3 ppm 216 CeO2 ppm 484 Pr6O11 ppm 44 Nd2O3 ppm 150 Sm2O3 ppm 20 Eu2O3 ppm 5 Gd2O3 ppm 13 Dy2O3 ppm 8 Ho2O3 ppm 1 Er2O3 ppm 3 Tm2O3 ppm 1 Yb2O3 ppm 3 Lu2O3 ppm 0 345 733 85 310 48 13 37 19 3 7 1 4 0 443 962 115 436 69 19 52 27 4 8 1 4 1 692 1599 199 749 123 33 93 48 7 13 1 6 1 623 1457 185 719 119 33 95 50 8 16 2 8 1 609 1456 185 727 122 34 96 51 8 17 2 7 1 564 1333 175 693 119 34 94 52 8 16 2 8 1 399 972 130 528 94 27 75 42 6 13 1 7 1 834 1621 189 680 101 26 69 36 5 10 1 6 1 597 1309 160 614 98 26 69 35 5 11 1 6 1 508 1298 167 658 107 30 78 41 6 11 1 5 1 495 1265 163 658 110 29 78 39 6 12 1 6 1 364 896 115 462 79 22 65 34 5 10 1 4 0 500 1115 136 513 85 23 65 36 6 11 1 6 1 1321 2734 318 1150 168 45 118 63 10 21 3 13 2 866 1741 199 710 97 25 71 42 7 17 2 13 2 982 2102 248 935 142 38 113 66 11 25 3 19 2 4204 7805 815 2664 303 73 191 102 17 37 5 24 3 RareX Limited Suite 23, 513 Hay Street, Subiaco WA 6008 Ph: 08 6143 6720 ACN: 105 578 756 5 Sc2O3 ppm Y2O3 ppm Nb205 ppm P2O5 ppm 20 32 157 3781 66 70 315 26926 74 91 472 39530 112 159 844 42165 144 185 987 31853 183 188 1402 14323 150 182 1087 10656 155 149 1044 14895 120 128 916 51332 92 119 1073 21312 107 127 944 16385 86 123 1001 26583 60 120 715 31739 69 133 615 46519 104 226 1059 30593 80 176 758 24864 166 272 1159 65311 156 398 2146 134059 Th ppm 25 18 17 31 24 25 25 18 25 45 45 53 18 32 21 23 26 38 HoleID From To Interva TREO+Y2O3 l % CRX000 64 67 3 1.37 1 CRX000 67 68 1 0.35 1 CRX000 68 69 1 0.45 1 CRX000 69 73 4 0.68 1 CRX000 73 76 3 0.19 1 CRX000 76 78 2 0.19 1 CRX000 78 82 4 0.28 1 CRX000 82 86 4 0.44 1 CRX000 86 90 4 0.2 1 CRX000 90 94 4 0.19 1 CRX000 94 96 2 0.19 1 CRX000 96 97 1 0.11 1 CRX000 97 100 3 0.15 1 CRX000 100 102 2 0.25 1 CRX000 102 106 4 0.17 1 CRX000 106 110 4 0.2 1 CRX000 110 114 4 0.21 1 CRX000 0 3 3 0.41 2 CRX000 3 4 1 2.94 2 CRX000 4 5 1 7.03 2 La2O3 ppm 3599 CeO2 ppm 6509 Pr6O11 ppm 666 Nd2O3 ppm 2143 Sm2O3 ppm 232 Eu2O3 ppm 54 Gd2O3 ppm 135 Dy2O3 ppm 70 Ho2O3 ppm 11 Er2O3 ppm 26 Tm2O3 ppm 3 Yb2O3 ppm 18 Lu2O3 ppm 3 693 1459 169 631 97 25 75 52 10 25 4 22 3 762 1852 240 956 159 43 121 67 11 23 3 14 2 1599 3204 347 1130 139 30 84 49 9 21 3 18 3 351 816 101 378 64 16 48 29 5 11 2 8 2 380 786 92 330 52 11 38 25 4 13 2 12 2 602 1243 143 500 72 17 45 25 4 8 1 6 1 1172 2105 213 666 75 17 42 20 3 7 1 4 1 373 857 106 392 63 17 43 21 3 6 1 3 1 335 837 108 398 67 17 47 23 4 8 1 4 1 340 806 101 387 65 16 46 25 4 9 1 5 1 204 440 51 188 31 7 21 16 3 9 1 9 2 281 631 76 293 49 12 37 23 4 11 2 10 2 551 1139 126 436 58 13 36 20 3 7 1 6 2 311 717 87 322 53 12 36 21 4 8 1 6 2 401 881 104 377 56 14 38 20 3 7 1 5 1 399 908 111 411 67 16 46 25 4 9 1 5 1 941 1964 215 742 95 21 52 24 3 7 1 4 1 7926 14475 1428 4360 456 99 235 103 15 28 3 13 2 20268 34804 3303 9847 924 187 396 133 17 30 3 12 2 RareX Limited Suite 23, 513 Hay Street, Subiaco WA 6008 Ph: 08 6143 6720 ACN: 105 578 756 6 Sc2O3 ppm Y2O3 ppm Nb205 ppm P2O5 ppm 110 272 1087 120080 90 227 601 54884 80 239 1302 105987 97 210 901 61988 61 117 544 45717 57 116 443 23489 37 90 501 31853 34 75 415 38384 58 77 1059 47780 63 90 572 54998 40 94 529 48353 54 86 286 14093 54 110 401 23489 54 83 458 23718 48 86 315 21999 43 65 501 31280 51 88 472 39072 100 70 1330 6989 603 293 10586 34259 364 342 3934 54998 Th ppm 28 38 74 37 22 19 8 7 9 9 8 13 12 10 5 7 7 11 41 55 HoleID From To Interva TREO+Y2O3 l % CRX000 5 6 1 4.43 2 CRX000 6 7 1 0.49 2 CRX000 7 8 1 0.19 2 CRX000 8 9 1 0.79 2 CRX000 9 10 1 0.79 2 CRX000 10 11 1 0.5 2 CRX000 11 12 1 0.82 2 CRX000 12 13 1 0.48 2 CRX000 13 14 1 1.38 2 CRX000 14 15 1 0.71 2 CRX000 15 16 1 0.25 2 CRX000 16 17 1 0.37 2 CRX000 17 18 1 0.24 2 CRX000 18 19 1 0.21 2 CRX000 19 20 1 0.26 2 CRX000 20 21 1 0.22 2 CRX000 21 22 1 0.2 2 CRX000 22 23 1 0.21 2 CRX000 23 24 1 0.17 2 CRX000 24 25 1 0.19 2 La2O3 ppm 12659 CeO2 ppm 21791 Pr6O11 ppm 2059 Nd2O3 ppm 6241 Sm2O3 ppm 612 Eu2O3 ppm 125 Gd2O3 ppm 284 Dy2O3 ppm 110 Ho2O3 ppm 15 Er2O3 ppm 30 Tm2O3 ppm 3 Yb2O3 ppm 16 Lu2O3 ppm 2 1080 2053 223 785 117 31 96 64 13 29 4 21 3 287 612 76 304 57 16 58 56 12 29 4 22 4 2184 3580 350 1079 116 29 92 64 12 26 3 17 3 2091 3740 382 1248 134 31 74 35 6 12 1 8 1 1220 2277 243 830 106 27 71 34 5 10 1 5 2 2299 3792 385 1240 145 37 96 46 7 14 2 7 1 1070 2119 239 855 124 32 85 43 7 15 2 8 2 3235 6190 685 2417 333 87 226 115 18 35 4 20 3 1617 3150 358 1267 176 46 122 63 10 20 2 11 2 528 1060 127 478 73 21 55 28 4 9 1 5 1 983 1717 177 594 73 18 47 21 3 7 1 3 1 516 1060 123 448 70 19 51 26 4 8 1 4 1 415 884 108 420 72 22 59 33 5 9 1 4 1 495 1115 134 506 85 24 62 32 5 9 1 4 1 406 930 111 430 71 20 55 27 4 8 1 3 1 353 844 110 425 72 20 54 29 4 8 1 4 1 365 861 108 432 78 23 63 34 5 11 1 5 1 326 704 87 343 64 19 52 29 4 9 1 4 1 374 813 99 379 66 19 55 29 5 8 1 4 1 RareX Limited Suite 23, 513 Hay Street, Subiaco WA 6008 Ph: 08 6143 6720 ACN: 105 578 756 7 Sc2O3 ppm Y2O3 ppm Nb205 ppm P2O5 ppm 267 338 2689 50759 175 338 1059 35405 84 340 458 35176 95 315 658 28874 132 141 2174 26010 242 133 2160 47322 172 177 1602 38728 140 165 1144 48811 179 401 1760 129246 100 229 1416 115955 32 107 501 82727 64 81 472 49384 72 91 601 46634 81 112 529 60269 78 103 658 60613 60 89 544 56030 67 92 558 48697 66 122 587 69321 67 98 486 65654 67 93 787 60842 Th ppm 38 27 12 28 25 15 18 15 27 23 18 13 14 16 26 22 31 23 12 15 HoleID From To Interva TREO+Y2O3 l % CRX000 25 26 1 0.19 2 CRX000 26 27 1 0.34 2 CRX000 27 28 1 0.33 2 CRX000 28 29 1 0.42 2 CRX000 29 30 1 6.2 2 CRX000 30 31 1 15.13 2 CRX000 31 32 1 8.6 2 CRX000 32 33 1 17.81 2 CRX000 33 34 1 4.66 2 CRX000 34 35 1 2.93 2 CRX000 35 36 1 2.31 2 CRX000 36 37 1 4.29 2 CRX000 37 38 1 2.06 2 CRX000 38 39 1 1.93 2 CRX000 39 40 1 1.57 2 CRX000 40 41 1 3.32 2 CRX000 41 42 1 5.77 2 CRX000 42 43 1 3.2 2 CRX000 43 44 1 3.69 2 CRX000 44 45 1 2.73 2 La2O3 ppm 366 CeO2 ppm 806 Pr6O11 ppm 98 Nd2O3 ppm 378 Sm2O3 ppm 68 Eu2O3 ppm 20 Gd2O3 ppm 55 Dy2O3 ppm 29 Ho2O3 ppm 4 Er2O3 ppm 9 Tm2O3 ppm 1 Yb2O3 ppm 4 Lu2O3 ppm 1 591 1379 173 706 126 37 103 56 9 16 2 8 1 576 1378 179 705 120 34 93 49 7 15 2 7 1 1098 1892 201 687 90 24 61 29 5 9 1 5 1 20285 30486 2665 7217 598 118 256 90 12 22 2 8 2 50627 74197 6430 17534 1280 239 464 124 15 26 2 9 2 28194 42418 3619 10000 812 159 334 104 14 23 2 9 2 58118 87526 8041 21293 1615 298 586 157 19 31 3 9 2 13878 22373 2115 6293 656 147 348 152 22 46 5 23 4 7784 13580 1356 4274 529 133 348 196 33 76 9 45 6 5645 10600 1093 3507 483 121 335 195 33 77 9 45 7 12868 20535 1927 5668 575 130 315 149 23 49 6 28 4 5246 9677 971 3121 402 100 264 140 23 48 6 29 5 4138 8844 962 3344 510 130 354 186 29 60 7 34 5 4113 7197 774 2477 325 78 207 102 16 33 4 18 3 8686 15515 1600 5185 661 162 405 188 28 56 6 29 4 17398 27670 2544 7632 786 178 425 199 30 61 7 33 5 8475 15020 1548 4964 620 146 364 165 25 50 5 24 4 10101 17631 1730 5455 625 143 360 158 25 49 5 25 4 7079 13017 1312 4144 499 117 303 146 23 48 5 26 4 RareX Limited Suite 23, 513 Hay Street, Subiaco WA 6008 Ph: 08 6143 6720 ACN: 105 578 756 8 Sc2O3 ppm Y2O3 ppm Nb205 ppm P2O5 ppm 78 97 587 49728 101 184 873 106903 130 171 787 127184 137 105 758 128444 199 272 830 143569 255 347 3033 92924 275 301 2618 142194 267 418 1960 164308 218 523 2217 282669 207 930 1960 239472 242 944 2904 243712 225 610 2875 241878 196 568 1903 262961 176 682 1416 293096 166 390 1273 194099 436 647 7510 120996 529 719 3133 87654 347 602 4420 99685 380 595 2661 87310 288 554 2046 134402 Th ppm 16 67 35 16 47 93 61 104 48 34 33 40 28 34 22 59 56 41 40 33 HoleID From To Interva TREO+Y2O3 l % CRX000 45 46 1 2.25 2 CRX000 46 47 1 2.93 2 CRX000 47 48 1 3.91 2 CRX000 48 49 1 11.49 2 CRX000 49 50 1 4.18 2 CRX000 50 51 1 6.03 2 CRX000 51 52 1 3.08 2 CRX000 52 53 1 3.51 2 CRX000 53 54 1 3.13 2 CRX000 54 55 1 4.9 2 CRX000 55 56 1 12.47 2 CRX000 56 57 1 3.48 2 CRX000 57 58 1 3.24 2 CRX000 58 59 1 1.09 2 CRX000 59 60 1 0.72 2 CRX000 60 61 1 0.64 2 CRX000 61 62 1 2.27 2 CRX000 62 63 1 0.65 2 CRX000 63 64 1 0.36 2 CRX000 64 65 1 1.78 2 La2O3 ppm 5473 CeO2 ppm 10553 Pr6O11 ppm 1081 Nd2O3 ppm 3591 Sm2O3 ppm 482 Eu2O3 ppm 120 Gd2O3 ppm 318 Dy2O3 ppm 160 Ho2O3 ppm 25 Er2O3 ppm 54 Tm2O3 ppm 6 Yb2O3 ppm 32 Lu2O3 ppm 5 7562 13670 1368 4461 576 141 383 192 31 68 8 41 6 11512 18619 1758 5305 590 133 332 156 24 49 6 28 4 37710 56935 4662 13485 1017 196 395 114 14 26 3 11 2 12791 20006 1847 5573 554 120 288 121 18 36 4 17 3 17571 28994 2697 8416 869 194 456 199 31 63 7 35 5 8579 14432 1397 4572 565 131 335 150 23 47 5 26 4 9775 16576 1620 5231 596 137 344 156 23 46 5 25 4 8451 14768 1439 4788 575 133 334 152 22 45 5 24 3 14688 23399 2193 6709 688 151 367 150 22 44 5 22 3 41430 61445 5194 14294 1083 202 416 129 17 31 3 13 2 9869 16499 1589 5086 575 130 329 150 22 43 5 24 3 8775 15206 1481 4942 616 145 367 173 26 51 6 28 4 2655 4909 536 1841 252 61 165 83 13 28 3 13 2 1643 3171 370 1325 201 50 131 68 10 22 2 11 2 1251 2734 332 1266 208 57 154 79 12 22 2 12 2 6486 11295 1007 3015 288 68 163 74 11 22 2 10 1 1600 2975 321 1094 151 40 103 50 8 15 1 8 1 649 1524 195 763 127 36 95 48 7 15 2 7 1 4899 8886 793 2440 250 56 142 63 9 17 2 6 1 RareX Limited Suite 23, 513 Hay Street, Subiaco WA 6008 Ph: 08 6143 6720 ACN: 105 578 756 9 Sc2O3 ppm Y2O3 ppm Nb205 ppm P2O5 ppm 256 636 2661 164308 325 766 2904 130048 347 577 3090 125465 147 342 987 80206 179 427 1659 118705 293 784 2575 195932 337 539 3033 116184 356 545 2990 80893 284 547 2718 84560 206 526 2289 95101 206 390 1388 104726 201 512 2103 152735 299 619 2589 186536 163 301 1645 76310 179 234 1945 49384 236 267 1974 53165 98 263 1202 93154 109 170 1030 64738 109 161 1502 64509 52 210 672 56373 Th ppm 36 42 42 90 44 75 41 43 39 50 89 38 42 38 41 46 38 36 50 29 HoleID From To Interva TREO+Y2O3 l % CRX000 65 66 1 0.36 2 CRX000 66 67 1 0.32 2 CRX000 67 68 1 0.16 2 CRX000 68 69 1 2.62 2 CRX000 69 70 1 1 2 CRX000 70 71 1 0.26 2 CRX000 71 72 1 0.36 2 CRX000 72 73 1 0.34 2 CRX000 73 74 1 0.3 2 CRX000 74 75 1 0.27 2 CRX000 75 76 1 0.31 2 CRX000 76 77 1 0.29 2 CRX000 77 78 1 0.45 2 CRX000 78 79 1 0.4 2 CRX000 79 80 1 0.56 2 CRX000 80 81 1 0.89 2 CRX000 81 82 1 1.62 2 CRX000 82 83 1 2.12 2 CRX000 83 84 1 1.8 2 CRX000 84 85 1 1.16 2 La2O3 ppm 854 CeO2 ppm 1608 Pr6O11 ppm 179 Nd2O3 ppm 630 Sm2O3 ppm 89 Eu2O3 ppm 22 Gd2O3 ppm 60 Dy2O3 ppm 30 Ho2O3 ppm 5 Er2O3 ppm 10 Tm2O3 ppm 1 Yb2O3 ppm 6 Lu2O3 ppm 1 705 1372 155 572 89 24 65 33 5 10 1 5 1 314 684 83 317 53 15 40 20 3 7 1 4 1 8507 12831 1093 3125 248 53 119 48 7 12 1 5 1 2905 4723 456 1439 157 38 97 45 7 13 1 6 1 474 1088 138 548 94 26 71 37 6 11 1 5 1 712 1493 185 700 114 32 88 47 7 14 2 7 1 658 1419 174 681 110 31 87 45 7 14 1 8 1 563 1257 153 595 102 29 83 44 7 14 1 6 1 463 1087 144 566 101 30 86 44 7 13 1 7 1 522 1248 164 653 116 34 92 51 8 16 2 8 1 490 1178 152 593 100 28 77 42 7 13 2 8 1 1063 1995 222 771 107 28 80 41 6 12 1 8 1 864 1716 198 723 108 30 80 42 7 13 2 8 1 1485 2585 271 904 109 27 71 34 5 11 1 5 1 1922 3799 465 1701 250 67 179 93 15 30 3 16 2 3542 6791 832 3091 452 120 320 176 28 60 7 35 5 4607 9319 1040 3772 550 151 414 232 38 82 9 50 7 3929 7942 884 3184 471 127 344 193 32 68 8 38 5 2583 4916 590 2128 314 83 222 125 21 44 5 25 3 RareX Limited Suite 23, 513 Hay Street, Subiaco WA 6008 Ph: 08 6143 6720 ACN: 105 578 756 10 Sc2O3 ppm Y2O3 ppm Nb205 ppm P2O5 ppm 60 111 672 66342 84 117 601 54998 71 74 615 38957 81 151 587 103237 55 160 486 119622 46 135 329 102778 60 176 458 119736 84 185 343 116642 51 168 315 115955 52 172 401 114007 38 206 472 119507 80 166 472 93612 74 158 515 75164 72 164 529 100372 67 126 429 80435 181 348 958 170266 230 693 2117 239587 265 933 1931 224118 213 765 1631 229733 199 503 1559 145746 Th ppm 22 19 20 28 24 20 23 26 19 20 24 21 19 22 21 48 31 38 29 25 HoleID From To Interva TREO+Y2O3 l % CRX000 85 86 1 2.04 2 CRX000 86 87 1 1.49 2 CRX000 87 88 1 0.58 2 CRX000 88 89 1 0.76 2 CRX000 89 90 1 0.39 2 CRX000 0 1 1 7 3 CRX000 1 2 1 2.09 3 CRX000 2 3 1 3.7 3 CRX000 3 4 1 3.76 3 CRX000 4 5 1 6.36 3 CRX000 5 6 1 9.67 3 CRX000 6 7 1 4.01 3 CRX000 7 8 1 1.2 3 CRX000 8 9 1 0.93 3 CRX000 9 10 1 0.4 3 CRX000 10 11 1 0.46 3 CRX000 11 12 1 0.39 3 CRX000 12 13 1 0.52 3 CRX000 13 14 1 0.57 3 CRX000 14 15 1 4.87 3 La2O3 ppm 4287 CeO2 ppm 8934 Pr6O11 ppm 1006 Nd2O3 ppm 3680 Sm2O3 ppm 548 Eu2O3 ppm 150 Gd2O3 ppm 405 Dy2O3 ppm 230 Ho2O3 ppm 38 Er2O3 ppm 84 Tm2O3 ppm 10 Yb2O3 ppm 51 Lu2O3 ppm 7 3524 6332 753 2698 379 101 273 140 22 46 5 27 4 1260 2470 308 1144 165 44 118 57 9 19 2 10 2 1691 3268 397 1458 203 53 139 67 10 21 2 10 2 779 1649 213 805 119 32 89 40 6 13 1 7 1 23210 32976 2941 8458 686 156 358 174 30 65 8 39 5 5980 9819 970 2984 313 77 196 98 16 36 4 23 3 11010 17022 1685 5266 569 136 348 178 27 54 7 33 5 8920 16542 1824 6483 939 248 676 371 58 121 13 67 9 15745 28102 3019 10594 1483 397 1108 603 95 197 23 115 15 29054 45355 4276 13199 1374 334 847 437 67 138 16 81 10 9759 17628 1943 6952 973 259 713 374 57 117 13 66 9 2816 5190 615 2189 306 81 219 110 17 35 4 20 3 2063 3952 480 1774 260 68 184 94 14 29 4 18 2 832 1598 198 760 125 35 96 54 9 20 2 12 2 943 1984 252 954 144 37 97 42 6 12 1 7 1 725 1529 199 787 130 37 102 57 10 24 3 17 2 1068 2172 290 1106 170 44 110 48 7 13 2 8 1 1296 2404 304 1128 170 46 118 53 8 17 2 11 2 11947 21772 2468 8679 1153 283 738 351 51 103 11 54 7 RareX Limited Suite 23, 513 Hay Street, Subiaco WA 6008 Ph: 08 6143 6720 ACN: 105 578 756 11 Sc2O3 ppm Y2O3 ppm Nb205 ppm P2O5 ppm 290 943 1774 201088 224 559 1960 195473 146 215 1030 117445 166 240 1001 133257 112 152 758 108278 135 848 787 51790 129 417 1359 27958 173 632 1559 33228 394 1283 4735 59238 442 2059 5121 80206 394 1495 3762 79862 341 1231 5908 58207 224 371 2804 40676 219 336 2589 42395 216 218 901 44686 156 133 1459 30937 143 327 1459 33343 150 135 2317 23947 236 172 2160 33457 942 1051 13947 87654 Th ppm 28 28 29 35 31 61 32 138 67 85 99 69 33 22 13 34 33 76 57 113 HoleID From To Interva TREO+Y2O3 l % CRX000 15 16 1 20.49 3 CRX000 16 17 1 26.28 3 CRX000 17 18 1 28.43 3 CRX000 18 19 1 7.23 3 CRX000 19 20 1 4.12 3 CRX000 20 21 1 4.45 3 CRX000 21 22 1 2.59 3 CRX000 22 23 1 1.63 3 CRX000 23 24 1 2.21 3 CRX000 24 25 1 2.46 3 CRX000 25 26 1 2.67 3 CRX000 26 27 1 1.57 3 CRX000 27 28 1 1.79 3 CRX000 28 29 1 1.78 3 CRX000 29 30 1 1.33 3 CRX000 30 31 1 2.09 3 CRX000 31 32 1 4.4 3 CRX000 32 33 1 2.1 3 CRX000 33 34 1 0.61 3 CRX000 34 35 1 0.77 3 La2O3 ppm 63144 CeO2 ppm 94823 Pr6O11 ppm 9559 Nd2O3 ppm 29314 Sm2O3 ppm 2677 Eu2O3 ppm 633 Gd2O3 ppm 1532 Dy2O3 ppm 715 Ho2O3 ppm 104 Er2O3 ppm 204 Tm2O3 ppm 22 Yb2O3 ppm 103 Lu2O3 ppm 13 85707 124141 11945 34201 2599 557 1268 540 77 146 16 71 9 94311 133316 12935 36641 2707 570 1243 523 76 150 16 76 10 18699 30509 3135 10442 1219 316 1000 793 166 436 58 343 52 8686 16695 1939 7212 1041 275 821 545 109 273 37 203 31 8735 18092 2180 8172 1254 335 986 624 116 286 36 189 28 5835 11720 1300 4622 612 153 407 212 34 75 9 44 6 3656 6909 868 3131 433 108 296 150 24 54 7 32 5 4981 10093 1106 3947 535 132 364 185 29 60 7 34 5 5085 10935 1275 4549 666 173 473 252 41 81 10 48 6 6161 12092 1305 4590 615 156 424 226 37 80 9 47 6 2851 6068 808 3141 502 133 395 247 44 105 13 68 10 3622 7719 900 3327 499 131 361 211 36 83 10 52 7 3734 7600 919 3393 496 131 363 195 32 70 8 42 6 2517 5309 717 2785 448 120 336 187 30 66 8 40 5 3732 8751 1092 4218 688 189 520 295 49 109 12 65 9 11149 20152 2052 7092 913 237 621 329 52 106 12 58 7 4626 9636 999 3549 504 132 361 199 32 68 8 43 6 1277 2580 307 1145 174 46 133 79 13 30 4 20 3 1547 3293 402 1498 231 63 172 90 14 29 3 16 2 RareX Limited Suite 23, 513 Hay Street, Subiaco WA 6008 Ph: 08 6143 6720 ACN: 105 578 756 12 Sc2O3 ppm Y2O3 ppm Nb205 ppm P2O5 ppm 514 2083 9055 140017 357 1546 2460 166141 327 1718 2046 174735 406 5086 4992 138871 422 3375 6566 163391 486 3447 7811 215181 336 881 3920 251274 236 602 1917 175651 273 662 2189 267888 225 985 3190 349584 233 945 2789 327011 273 1300 1874 279002 207 969 2031 285419 184 812 1659 283586 175 735 1616 316585 221 1177 1931 343855 233 1208 2189 342709 235 794 1831 185390 132 336 916 87425 114 336 1173 108622 Th ppm 184 157 160 83 59 70 33 24 29 31 32 22 27 25 20 23 61 34 23 23 HoleID From To Interva TREO+Y2O3 l % CRX000 35 36 1 0.33 3 CRX000 36 37 1 0.39 3 CRX000 37 38 1 0.3 3 CRX000 38 39 1 0.33 3 CRX000 39 40 1 0.43 3 CRX000 40 41 1 0.22 3 CRX000 41 42 1 0.21 3 CRX000 42 43 1 0.21 3 CRX000 43 44 1 0.19 3 CRX000 44 45 1 0.26 3 CRX000 45 46 1 0.34 3 CRX000 46 47 1 0.26 3 CRX000 47 48 1 0.28 3 CRX000 48 49 1 0.28 3 CRX000 49 50 1 0.28 3 CRX000 50 51 1 0.51 3 CRX000 51 52 1 0.48 3 CRX000 52 53 1 0.43 3 CRX000 53 54 1 0.69 3 CRX000 54 55 1 0.97 3 La2O3 ppm 732 CeO2 ppm 1448 Pr6O11 ppm 167 Nd2O3 ppm 594 Sm2O3 ppm 82 Eu2O3 ppm 23 Gd2O3 ppm 61 Dy2O3 ppm 32 Ho2O3 ppm 5 Er2O3 ppm 10 Tm2O3 ppm 1 Yb2O3 ppm 6 Lu2O3 ppm 1 776 1663 205 770 117 31 89 45 7 14 2 8 1 575 1276 159 602 93 26 69 36 5 11 1 5 1 596 1378 176 698 110 30 80 42 6 14 1 6 1 688 1747 240 973 158 43 117 58 9 17 2 9 1 353 884 121 496 83 24 63 32 5 10 1 5 1 369 851 113 454 74 20 56 28 4 9 1 4 0 338 844 114 472 81 23 65 34 5 10 1 5 1 290 738 100 413 72 20 58 32 5 10 1 5 0 448 1092 146 575 95 27 71 36 5 10 1 5 0 616 1402 183 706 113 31 88 44 7 14 1 6 1 412 1036 142 574 98 28 80 42 6 12 1 5 1 459 1160 159 643 106 29 81 40 6 12 1 6 1 480 1190 159 630 100 27 74 33 5 9 1 5 1 444 1151 160 656 108 29 78 40 6 12 1 5 1 794 2064 292 1200 197 53 145 68 10 20 2 9 1 751 1919 275 1137 187 51 139 67 10 20 2 10 1 692 1744 251 1029 166 43 117 55 8 15 2 7 1 1379 2900 384 1474 213 55 146 64 9 18 2 7 1 2317 4297 500 1767 230 62 152 73 11 22 2 11 2 RareX Limited Suite 23, 513 Hay Street, Subiaco WA 6008 Ph: 08 6143 6720 ACN: 105 578 756 13 Sc2O3 ppm Y2O3 ppm Nb205 ppm P2O5 ppm 63 121 529 116184 135 168 772 64050 103 125 715 65769 124 149 958 66571 101 196 873 148610 54 117 601 82268 61 100 544 78144 32 123 343 92924 32 109 401 76539 51 123 443 95789 71 153 701 99112 43 145 658 91206 60 142 544 113205 83 113 958 114465 66 135 529 132225 120 226 873 240962 160 220 1559 189859 115 180 1202 202577 156 211 3018 251389 135 274 5622 248180 Th ppm 17 26 42 82 120 49 38 21 20 26 28 77 37 30 60 85 149 61 40 45 HoleID From To Interva TREO+Y2O3 l % CRX000 55 56 1 0.76 3 CRX000 56 57 1 0.94 3 CRX000 57 58 1 0.78 3 CRX000 58 59 1 7.24 3 CRX000 59 60 1 6.3 3 CRX000 60 61 1 0.94 3 CRX000 61 62 1 0.33 3 CRX000 62 63 1 0.27 3 CRX000 63 64 1 0.32 3 CRX000 64 65 1 0.24 3 CRX000 65 66 1 0.27 3 CRX000 66 67 1 0.2 3 CRX000 67 68 1 0.21 3 CRX000 68 69 1 0.19 3 CRX000 69 70 1 0.2 3 CRX000 70 71 1 0.19 3 CRX000 71 72 1 0.2 3 CRX000 72 73 1 0.25 3 CRX000 73 74 1 0.21 3 CRX000 74 75 1 0.2 3 La2O3 ppm 1989 CeO2 ppm 3410 Pr6O11 ppm 375 Nd2O3 ppm 1276 Sm2O3 ppm 151 Eu2O3 ppm 39 Gd2O3 ppm 96 Dy2O3 ppm 46 Ho2O3 ppm 7 Er2O3 ppm 13 Tm2O3 ppm 1 Yb2O3 ppm 7 Lu2O3 ppm 1 2109 4094 492 1725 238 62 165 85 13 28 3 16 2 1746 3327 408 1457 208 54 143 77 12 25 3 15 2 24531 34826 3003 8585 623 121 255 99 14 25 3 10 1 20817 30638 2722 7561 535 113 211 74 11 21 3 12 2 2407 4151 466 1600 204 49 131 69 11 25 3 16 2 762 1426 166 598 82 21 55 32 5 12 1 8 1 583 1147 141 519 77 20 56 31 5 11 1 7 1 644 1440 164 580 90 25 61 37 6 13 1 8 1 459 1065 125 451 73 20 51 32 5 12 1 7 1 509 1180 137 498 80 21 56 34 5 12 1 8 1 361 861 105 388 68 19 48 29 5 11 1 7 1 381 904 106 388 68 18 47 27 4 10 1 7 1 359 839 100 376 61 16 41 23 4 9 1 5 1 342 828 103 392 68 19 49 30 5 11 1 7 1 332 825 100 381 63 17 44 26 4 10 1 6 1 346 851 102 384 66 17 44 28 4 10 1 7 1 462 1095 131 474 77 20 50 31 4 10 1 6 1 376 927 110 405 67 17 44 27 4 10 1 7 1 359 891 106 393 66 17 44 27 4 10 1 6 1 RareX Limited Suite 23, 513 Hay Street, Subiaco WA 6008 Ph: 08 6143 6720 ACN: 105 578 756 14 Sc2O3 ppm Y2O3 ppm Nb205 ppm P2O5 ppm 94 164 3819 158922 107 319 2203 194671 78 301 1316 238097 54 322 443 250128 72 270 544 219192 112 274 801 101747 41 131 300 39072 35 124 443 35634 35 141 615 37697 32 121 229 26926 32 130 257 28530 31 109 386 22572 31 100 243 22572 31 90 172 20052 31 107 243 24406 29 95 143 19479 28 102 200 19937 34 112 243 29103 35 97 200 25666 29 95 186 22458 Th ppm 27 20 11 36 38 15 6 7 9 4 5 6