RareX Discovers High Grade Gallium at Cummins Range

In our pre-drilling deep dive into Cummins Range, we've made a high-grade Gallium discovery. With significant areas of continuous grades between 100 and 200ppm and peaks as high as 6,800ppm this deposit is significantly higher than the typical 50ppm. Gallium is a metal tightly controlled by China and critical to electronics and solar panels hence it is on Australia's and America's critical metals lists. This discovery means we have another potential value stream in our quest to monetise Cummins Range. With the work already done on this deposit, we are now also Australia's most advanced Gallium project, as well as Australia’s largest, un-developed, rare-earth project. With Gallium only assayed for in 25% of our historic drilling, re-assaying of the other samples and a deep dive about how this may be incorporated into Cummins Range is about to commence.