RareX has been awarded an EIS drilling grant for the Khaleesi Project, where extensive gallium mineralisation has been identified. The grant will fund RC drill testing of multiple targets in the Khaleesi Alkaline Intrusion Complex, including a large granitic portion containing gallium mineralisation at Niobe. The funding will accelerate exploration across high-priority targets, such as the Niobe prospect, potentially uncovering a very large gallium mineralised system. The project area has shown moderate gallium grades across significant widths in both regolith and basement rocks.

The EIS funding represents a significant boost to exploration activities in Western Australia, providing up to $175,000 in financial support. RareX's technical approach and project prospectivity have garnered strong endorsement from the Western Australian Government. Further drilling will focus on targets with potential for critical minerals, including rare earth elements, gallium, and high field strength elements. Investors are encouraged to engage with this announcement and stay tuned for updates on drilling progress and results.

Opportunities for questions or discussions on this latest announcement from RareX are welcome, as we continue to advance our exploration activities and unlock the district-scale potential of the Khaleesi Alkaline Intrusion Complex. More information on the Company's projects can be found on our website at www.rarex.com.au.