RareX has been awarded an EIS drilling grant for the Khaleesi Project, aiming to test potentially large gallium mineralisation. With support from the Western Australian Government, RareX plans to accelerate exploration activities across high-priority targets, including the Niobe prospect. Recent results indicate moderate gallium mineralisation, with assays up to 86 g/t Ga2O3. The grant covers up to 50% of direct drilling costs, totaling up to $175,000. RareX's strategy focuses on delivering critical minerals for the future, with a strong endorsement from the government.

The Khaleesi Project, located in the Albany-Fraser Belt, shows a potential for large, highly prospective alkaline intrusion complex. Historic drilling and geological data support the presence of mineralised carbonatite intrusions and indicate significant rare earths and niobium potential. Further exploration at the Niobe Prospect aims to confirm and expand on these findings. An emphasis on critical minerals and exploration at high-priority targets drives RareX's strategy and growth.

Investors are encouraged to engage with this exciting development at the RareX investor hub and stay tuned for updates on drilling progress and exploration results. If you have any questions or seek more details on our ongoing exploration activities and future plans, feel free to reach out. Visit www.rarex.com.au for further information on the Company and its projects.