RareXploration update and start of Mt Mansbridge Exploration
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RareXploration update and start of Mt Mansbridge Exploration
RareX announces the commencement of exploration at the Mt Mansbridge Project, with the discovery of a heavy rare earth bearing quartz breccia vein confirming fertile basement rocks. The Company's subsidiary, RareXploration, made a significant find with the xenotime mineralised vein, emphasizing the project's potential for critical minerals essential in next-generation technologies.
The Mt Mansbridge Project, located near Northern Minerals' Browns Range Project, shows similarities in geological setting, with significant HREE potential. RareX secured tenure over the project area based on previous discoveries and believes additional mineralised horizons remain undiscovered.
Exploration activities include infill soil sampling around Sigma Prospect, with pXRF spot analyses indicating mineralisation. Rock chip samples have been collected, and assay results are awaited. The project's rugged terrain provides good exposure for prospecting and further assessment for HREE mineralisation.
Cummins Range, another key asset for RareX, continues to advance with Re-assaying for gallium ongoing and preparations for an updated resource estimate focusing on high-grade rare earths. The Company has also made strategic exploration consolidations at Khaleesi, dropping low prospectivity tenements and pegging new ones over highly prospective features.
Investors are encouraged to engage with the announcement for a comprehensive overview of RareX's exploration activities and upcoming plans. For more information, visit our website and feel free to ask any questions regarding this update.
AI-Generated Summary: This content may contain inaccuracies. Neither the Company nor InvestorHub assumes responsibility for its accuracy. Please refer to the full announcement before making any investment decision.
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