Rare Earths beneficiation work delivers strong TREO upgrades
Released
Released
Announcement PDF
ASX Release
18 October 2023
Rare Earths beneficiation testwork delivers strong TREO upgrades,
providing further confidence in Cummins Range product strategy
Test work delivers 20x TREO upgrade to concentrate, with favourable flotation
characteristics which extrapolate well to the upgrade of leach residue.
Highlights
•
Cummins Range product strategy is focused on achieving the sale of a combined mineral concentrate to
an off-taker for treatment via a dilute acid leach to extract LFP battery-grade phosphate and EV magnetgrade rare earths 1.
•
Design of the proposed treatment process has focused on the ability to leach a clean apatite from the
combined mineral concentrate, and the subsequent beneficiation of the leach residue to deliver a rare
earth concentrate.
•
Recent tests at Baotou Mengrong Fine Materials (BTMR) have demonstrated a 20x upgrade of total rare
earth oxides (TREO) from 1% head-grade material with flotation recoveries of up to 49%. The upgrade
factor achieved is in line with other developing RE deposits of similar head grades.
•
RareX believes that these results demonstrate the potential to further upgrade the leach residue (which
is expected to have a 6% TREO grade) to even higher TREO concentrations.
•
Ore feed material, containing apatite, was used in the testing to determine the flotation configuration and
reagent selection. Leach residue, which will be stripped of apatite, is expected to perform well with this
flotation regime. Residue samples will be sent for confirmation testing once bulk flotation and leach trials
are complete.
•
Recent apatite leach testwork 2 points toward the suitability of the Cummins Range combined mineral
concentrate to produce a high purity phosphoric acid as a feedstock for the growing LFP battery sector.
Investor Hub Link: https://investors.rarex.com.au/link/lejYQy
RareX Limited (ASX: REE) (RareX or the Company) is pleased to advise that recent beneficiation testwork has
returned promising results for the beneficiation of rare earths (RE) from its 100%-owned Cummins Range Rare
Earths & Phosphate Project, located in the Kimberley region of Western Australia.
The current testwork program is focused on producing product and product derivative samples for offtake
negotiations, as well as building data for the processing pathway for Cummins Range ore to deliver both highgrade phosphoric acid suitable for use in lithium-iron-phosphate (LFP) batteries and RE concentrates suitable for
use in EV magnets.
1 ASX announcement 12 October 2023: Cummins Range Product Strategy Update
2 ASX announcement 11 July 2023: Phosphoric Acid Leach Test Supports RareX Stage-3 Operations
RareX Limited
ASX:REE
ABN: 65 105 578 756
RareX HQ
Level 1, 338 Barker Road
Subiaco WA 6008
Australia
P +61 (0) 8 6383 6593
E info@rarex.com.au
ree.investorhub.com/welcome
rarex.com.au
RareX Limited (ASX:REE)
@rarex_asx
RareX CEO James Durrant commented: “We consider these results to be very encouraging.
“While these tests were undertaken on run-of-mine ore – which is not our proposed development pathway for
Cummins Range – the run-of-mine (ROM) results will directly inform the flotation regime requirements for the RE
leach residue after we’ve stripped away the pure apatite and fed it into the LFP supply chain.
“The fact that the tested processing regime can concentrate rare earths in ROM material by 20-fold has exceeded
the expectations of our metallurgists. Importantly, this metallurgical approach is also directly applicable to the leach
residue material, which has already been chemically upgraded to six times the original TREO head grade and has
less mineralogical complexity – meaning it should deliver even better float performance with higher recoveries.
“The results provide continued support to the proposed Cummins Range product strategy 3 for the processing of the
Stage 2 combined monazite-apatite phosphate concentrate.
“Our met team is now assembling product samples, both to ensure that we understand process performance for our
and our offtakers’ facilities and also to provide real product sample and derivative product materials in support of
ongoing offtake negotiations.”
RareX is proposing to use dilute phosphoric acid leaching to extract phosphate from the ore, leaving RE
contained within a leach residue. This process step is proposed at the offtaker’s phosphoric acid facility as
described in the recently released product strategy update3 and the proposed installation is shown in Figure 1.
Figure 1: RareX Proposed Installation
These latest tests were designed to help define the flotation regime requirements for RE beneficiation, with these
initial tests undertaken on typical ROM ore samples from Cummins Range.
3 ASX announcement 12 October 2023: Cummins Range Product Strategy Update
RareX Limited
ASX:REE
ABN: 65 105 578 756
RareX HQ
Level 1, 338 Barker Road
Subiaco WA 6008
Australia
P +61 (0) 8 6383 6593
E info@rarex.com.au
ree.investorhub.com/welcome
rarex.com.au
RareX Limited (ASX:REE)
@rarex_asx
BTMR RE Beneficiation
RareX has initiated a beneficiation program at Baotou Mengrong Fine Materials (BTMR) in China to test RE
beneficiation from both whole ore and the leach residue from the phosphoric acid production. BTMR is a highly
experienced Chinese research institute and is a preeminent testing laboratory for rare earths beneficiation,
particularly flotation.
This testwork is being undertaken on samples, which is expected to be typical of run-of-mine material from the
Cummins Range deposit, in order to provide the required volume of material needed to test alternative float
regimes. The composite tested in this program was prepared using ore intervals from both the Rare Dyke and
Phos Dyke of the Cummins Range deposit, which were crushed and homogenised by Auralia Metallurgy before
splitting the 50kg sample for BTMR tests.
A range of tests have been performed on this sample to determine the flotation configuration and reagent
selection for the beneficiation of RE minerals. A summary of several of the recent flotation results is shown in
Table 1.
Table 1: RE Flotation Results Summary
Test No.
Calculated Head
%
Test 23
Test 25
Test 43
1.14
1.06
1.01
Final Concentrate
TREO Grade %
22.04
21.57
22.50
TREO Recovery %
32.81
44.73
48.74
Mass Yield %
1.69
2.19
2.20
Note: Test results were validated at the Analysis Centre of Baotou Institute of Rare Earth which is an accredited laboratory in China and the results
showed good alignments for the final concentrate confirming accuracy of the results.
In the best result, a RE concentrate of 22.5% TREO grade was achieved from a feed grade of 1% at a remarkable
recovery of 48.74%. To be able to achieve an upgrade of over 20x into concentrate from the ROM feed is
considered to be very encouraging. These results are far better than results obtained in earlier testwork and the
upgrade factor is also in line with other developing rare earth deposits of similar head grades.
Although the tests were not performed on the leach residue, the results provide further confidence in the viability
of the proposed RE beneficiation process for the leach residue. Further tests will be undertaken with BTMR once
the leach residue, currently being prepared at Perth laboratories, is ready to be dispatched.
According to previous testwork results2, it is believed that the leach residue (i.e., post apatite leach) will be
enriched with monazite and therefore will contain residual apatite. REE metallurgists consider that it’s possible
that this could provide further upside to the RE beneficiation process. Given the positive BTMR results, it is
believed that the leach residue (which is expected to grade 6% TREO), could be upgraded materially to grades
suitable for a typical RE refinery.
Next Steps
Further testwork is to be undertaken to replicate and improve on these results following these positive results
with results expected within the coming months. The Company is also working toward the production of mineral
concentrate and product derivatives (leach liquor and RE residue) samples to advance offtake discussions and
refine process design criteria.
In addition to the upcoming testwork, results of the 2023 drill program are expected to be available soon
which will be used support another update of the Mineral Resource Estimate for Cummins Range.
RareX Limited
ASX:REE
ABN: 65 105 578 756
RareX HQ
Level 1, 338 Barker Road
Subiaco WA 6008
Australia
P +61 (0) 8 6383 6593
E info@rarex.com.au
ree.investorhub.com/welcome
rarex.com.au
RareX Limited (ASX:REE)
@rarex_asx
This announcement has been authorised for release by the Board of RareX Limited.
Competent Person’s Statements
The information in this release that relates to metallurgical testwork is based on information compiled and / or
reviewed by Mr Gavin Beer who is a Member of The Australasian Institute of Mining and Metallurgy (AusIMM)
and a Chartered Professional. Mr Beer is a consulting metallurgist with sufficient experience relevant to the
activity which he is undertaking to be recognised as competent to compile and report such information. Mr Beer
consents to the inclusion in the report of the matters based on his information in the form and context in which it
appears. Mr Beer does not hold securities in RareX.
About RareX Limited – ASX: REE
RareX Limited (ASX: REE), a Perth based project development and exploration Company, was founded on the
fundamental belief of the electronics revolution and the electric vehicle mega-trend. Our focus is rare earths
and associated battery and electronic metals.
Cummins Range, in the East Kimberley region of Western Australia, is our flagship project which aims to
produce a sustainable, ethical, transparent and secure low carbon rare earth and phosphate supply chain
solution for its products which satisfy the two global mega-trends of population growth and electrification.
RareX maintains exploration upside programs in the immediate vicinity of the Cummins Range Project and also
more broadly to identify targets and progress projects complementary to the founding beliefs and expertise of
the core team.
Rare earths and in particular, NdPr, are core enablers of decarbonisation and electrification of our society. NdPr
supports high strength magnets which enables low carbon technologies, especially in the electric mobility
sector, robotics solutions and renewable energy, particularly the wind energy sector.
Phosphate is the feedstock for the emerging dominant battery technology; lithium-ferro-phosphate (LFP). The
global LFP battery market is projected to grow from $10 billion in 2021 to $50 billion by 2028 as more EVs
adopt the safer and longer life technology and grid stabilization batteries expand to balance intermittent
renewable generation.
RareX maintains material investments in Kincora Copper (ASX:KCC), Cosmos Exploration (ASX:C1X) and
Canada Rare Earth Corporation (LL.V).
For further information on the Company and its projects visit www.rarex.com.au
RareX Limited
ASX:REE
ABN: 65 105 578 756
RareX HQ
Level 1, 338 Barker Road
Subiaco WA 6008
Australia
P +61 (0) 8 6383 6593
E info@rarex.com.au
ree.investorhub.com/welcome
rarex.com.au
RareX Limited (ASX:REE)
@rarex_asx
APPENDIX A
Table 1: Drill Collar Information
Hole ID
East MGA
North MGA
RLUTM
End Depth
Azimuth
Dip
Type
CDX0008
307240
7866470
391
218
53
60
Diamond
CDX0011
307073
7866694
392
227
50
59
Diamond
CDX0015
307374
7866770
392
205
48
58
Diamond
CRX0060
307140
7866752
392
120
50
61
RC
CRX0063
307107
7866722
392
144
49
60
RC
CRX0068
307429
7866762
391
96
53
60
RC
Appendix B
JORC Code, 2012 Edition – Table 1
Section 1: Sampling techniques and data - Metallurgy
Criteria
Sampling
techniques
RareX Limited
ASX:REE
ABN: 65 105 578 756
JORC Code explanation
• Nature and quality of sampling (e.g., cut
channels, random chips, or specific
specialised industry standard
measurement tools appropriate to the
minerals under investigation, such as
down hole gamma sondes, or handheld
XRF instruments, etc.). These examples
should not be taken as limiting the
broad meaning of sampling.
Commentary
• Diamond drill cores and RC chips were
sampled for the metallurgical testwork.
Samples were selected based on drill assays,
drill hole location and intervals, geological
and mineralogical data. Samples were riffle
split from bulk samples and sent to BV Perth
and/or ALS Perth and/or Nagrom Perth for
drill assays.
• Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any
measurement tools or systems used.
• For RC chips, the entire bulk samples were
riffle split to ensure a representative sample
from the selected interval. Quarter diamond
drill cores were sent to laboratories to
conduct crushing, sampling and assaying. All
laboratories used in the assaying of the
Cummins Range material were checked for
sampling and assaying equipment and
equipment calibrations / accuracy.
RareX HQ
Level 1, 338 Barker Road
Subiaco WA 6008
Australia
P +61 (0) 8 6383 6593
E info@rarex.com.au
ree.investorhub.com/welcome
rarex.com.au
RareX Limited (ASX:REE)
@rarex_asx
Criteria
JORC Code explanation
• Aspects of the determination of
mineralisation that are Material to the
Public Report.
In cases where ‘industry standard’ work
has been done this would be relatively
simple (e.g., ‘reverse circulation drilling
was used to obtain 1m samples from
which 3 kg was pulverised to produce a
30 g charge for fire assay’). In other
cases, more explanation may be
required, such as where there is coarse
gold that has inherent sampling
problems. Unusual commodities or
mineralisation types (e.g., submarine
nodules) may warrant disclosure of
detailed information.
Drilling techniques
Drill sample
recovery
Logging
RareX Limited
ASX:REE
ABN: 65 105 578 756
Commentary
• Sample interval selection for the metallurgical
testwork was based on geological controls
and mineralisation of the deposit, the
samples were considered representative of
the mineralisation that were intended to be
tested.
• Drill type (e.g., core, reverse circulation,
open-hole hammer, rotary air blast,
auger, Bangka, sonic, etc) and details
(e.g., core diameter, triple or standard
tube, depth of diamond tails, facesampling bit or other type, whether core
is oriented and if so, by what method,
etc).
• Drilling techniques used for the Cummins
Range samples used for the metallurgical
testwork were:
• Method of recording and assessing core
and chip sample recoveries and results
assessed.
• Samples used for the metallurgical testwork
were collected by riffle split. Additional
laboratory assays were undertaken on the
samples submitted for the testwork and
showed good alignments to the drill assays.
• Measures taken to maximise sample
recovery and ensure representative
nature of the samples.
• Larger and more capable rigs were used for
collection of the metallurgical samples which
allowed for good recoveries of samples.
During each drill program, all drill rigs were
checked by professional geologists, and all
drill holes were logged and monitored for
recoveries and accuracy prior to sample
splitting and logging.
• Whether a relationship exists between
sample recovery and grade and whether
sample bias may have occurred due to
preferential loss/gain of fine/coarse
material.
• Holes used for the metallurgical testwork had
good sample recovery hence minor sample
bias. There is no distinctive relationship exist
between sample recovery and grade.
• Whether core and chip samples have
been geologically and geotechnically
logged to a level of detail to support
appropriate Mineral Resource
estimation, mining studies and
metallurgical studies.
• All samples used for the metallurgical
testwork were geologically logged to a detail
level that supported the metallurgical studies.
RareX HQ
Level 1, 338 Barker Road
Subiaco WA 6008
Australia
o
Reverse Circulation (RC) drilling in 20202021, 2022 using 5 ½ inch diameter
hammer.
o
Diamond drilling in 2021- 2022 using HQ
and PQ sized rods.
P +61 (0) 8 6383 6593
E info@rarex.com.au
ree.investorhub.com/welcome
rarex.com.au
RareX Limited (ASX:REE)
@rarex_asx
Criteria
Sub-sampling
techniques and
sample
preparation
Quality of assay
data and
laboratory tests
RareX Limited
ASX:REE
ABN: 65 105 578 756
JORC Code explanation
• Whether logging is qualitative or
quantitative in nature. Core (or costean,
channel, etc) photography.
Commentary
• The logging is qualitative and quantitative in
nature for the metallurgy samples. The
recorded details included: lithology, grain size,
weathering, colour, alteration, sulphide
quantity and type, structure and veining.
Photos were taken for all core samples.
• The total length and percentage of the
relevant intersections logged.
• Logging of all metallurgical samples were
carried out on geological intervals.
• If core, whether cut or sawn and
whether quarter, half or all core taken.
• Cores were cut in half and quarter, quarter
cores from each selected interval were used
for metallurgical testwork.
• If non-core, whether riffled, tube
sampled, rotary split, etc and whether
sampled wet or dry.
• RC chips were riffle split from the bulk bags.
Samples were dry when riffle split.
• For all sample types, the nature, quality
and appropriateness of the sample
preparation technique.
• Samples used for the metallurgical testwork
were diamond drill cores and RC chips which
were split and prepared with appropriate
equipment. Where required, the samples were
crushed and ground to ensure the samples
were properly prepared for the required
testwork.
• Quality control procedures adopted for
all sub-sampling stages to maximise
representivity of samples.
• All sample preparation and sampling
equipment was cleaned with adequate
procedures before taking of each sample to
ensure there is no cross-contamination
between samples.
• Measures taken to ensure that the
sampling is representative of the in-situ
material collected, including for instance
results for field duplicate/second-half
sampling.
• Drill assays, mineralogical and geological
information were reviewed for selection
testwork samples. Additional assays on the
samples showed high repeatability of drill
assays suggesting good representivity of the
in-situ material hence no further sampling
was required.
• Whether sample sizes are appropriate to
the grain size of the material being
sampled.
• The metallurgical sample sizes were
appropriate to the grain size of the material
being sampled. Where necessary, material
was crushed and/or pulverised before riffle /
rotary split to ensure good consistency of
sampling representivity.
• The nature, quality and appropriateness
of the assaying and laboratory
procedures used and whether the
technique is considered partial or total.
• The assay analyses of all samples were
conducted by registered laboratories (i.e.,
ALS, BV and Nagrom etc.) with suitable
equipment and well-known quality assurance
accreditation to ensure the accuracy of the
assay results. Samples were assayed by X-ray
fluorescence (XRF) and Inductively Coupled
RareX HQ
Level 1, 338 Barker Road
Subiaco WA 6008
Australia
P +61 (0) 8 6383 6593
E info@rarex.com.au
ree.investorhub.com/welcome
rarex.com.au
RareX Limited (ASX:REE)
@rarex_asx
Criteria
Verification of
sampling and
assaying
Location of data
points
Data spacing and
distribution
RareX Limited
ASX:REE
ABN: 65 105 578 756
JORC Code explanation
Commentary
Plasma (ICP).
• For geophysical tools, spectrometers,
handheld XRF instruments, etc, the
parameters used in determining the
analysis including instrument make and
model, reading times, calibrations
factors applied and their derivation, etc.
• There was no reliance upon geophysical
tools, spectrometers, or any other techniques
for the required metallurgical testwork. All
assays were undertaken with appropriate XRF
and ICP equipment at registered laboratories.
• Nature of quality control procedures
adopted (e.g. standards, blanks,
duplicates, external laboratory checks)
and whether acceptable levels of
accuracy (i.e. lack of bias) and precision
have been established.
• The metallurgical samples were tested
against the standards and the good
alignments to drill assays confirmed the
accuracy of the results.
• The verification of significant
intersections by either independent or
alternative company personnel.
• There are no significant intercepts mentioned
in this announcement.
• The use of twinned holes.
• Twin holes were not used for collection of
metallurgical samples.
• Documentation of primary data, data
entry procedures, data verification, data
storage (physical and electronic)
protocols.
• An electronic geological database was used
for data storage. For metallurgical testwork,
all raw data from laboratories, results
analysis and summary reports were
documented in a metallurgy database.
• Discuss any adjustment to assay data.
• No adjustment was made to the assay data.
• Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and
other locations used in Mineral
Resource estimation.
• Drill hole collar locations for the metallurgical
testwork have been surveyed using a
differential GPS with accuracy to 0.1 m.
• Specification of the grid system used.
• MGA2020 Zone 52
• Quality and adequacy of topographic
control.
• Topographic control of the metallurgical
testwork has been established from surveyed
drill collars and are within 0.1 m. The
Cummins Range deposit is located on flat
terrain.
• Data spacing for reporting of
Exploration Results.
• All the samples tested were selected from 6
holes from Rare Dyke and Phos Dyke from a
range of depth and weathering profiles with
varying TREO and P2O5 grades.
RareX HQ
Level 1, 338 Barker Road
Subiaco WA 6008
Australia
• External checks, at both Australian and
Chinese accredited laboratories, were also
performed on this sample to ensure accuracy
of the results.
P +61 (0) 8 6383 6593
E info@rarex.com.au
ree.investorhub.com/welcome
rarex.com.au
RareX Limited (ASX:REE)
@rarex_asx
Criteria
JORC Code explanation
• Whether the data spacing and
distribution is sufficient to establish the
degree of geological and grade
continuity appropriate for the Mineral
Resource and Ore Reserve estimation
procedure(s) and classifications
applied.
Commentary
• The data spacing is considered appropriate
for the metallurgical testwork at this study
level.
• Whether sample compositing has been
applied.
• Samples were composited for the
metallurgical testwork. Representative
portion of each selected intervals were sent
to the designated laboratories to undergo
staged crushing and grinding before being
composited and homogenised with suitable
equipment. Where drill cores were used for
the testwork, quarter cores were crushed into
suitable sizes before splitting the
representative samples used for composition.
• Whether the orientation of sampling
achieves unbiased sampling of possible
structures and the extent to which this
is known, considering the deposit type.
• The orientation of the metallurgical sampling
is not considered to be biased towards any
geological characteristics.
• If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to
have introduced a sampling bias, this
should be assessed and reported if
material.
• N/A
Sample security
• The measures taken to ensure sample
security.
• All metallurgical samples were secured with
appropriate labelling system. Samples were
labelled with standard designations and were
stored in locked shed. Samples were
transported to Perth from site by reputable
transport companies. Individual bags are
cable tied and the pallets are wrapped in
plastic with detailed logging sheet included.
Audits or reviews
• The results of any audits or reviews of
sampling techniques and data.
• No audits were undertaken however the
Competent Person was involved in all stages
of the metallurgical sampling and tests. Inhouse reviews were also completed on the
sampling techniques and testwork results.
Orientation of data
in relation to
geological
structure
RareX Limited
ASX:REE
ABN: 65 105 578 756
RareX HQ
Level 1, 338 Barker Road
Subiaco WA 6008
Australia
P +61 (0) 8 6383 6593
E info@rarex.com.au
ree.investorhub.com/welcome
rarex.com.au
RareX Limited (ASX:REE)
@rarex_asx
Section 2: Exploration Results - Metallurgy
(Criteria listed in the preceding section also apply to this section.)
Criteria
Mineral tenement
and land tenure
status
JORC Code explanation
• Type, reference name/number,
location and ownership including
agreements or material issues with
third parties such as joint ventures,
partnerships, overriding royalties,
native title interests, historical sites,
wilderness or national park and
environmental settings.
Commentary
• The Cummins Range deposit is located on
tenement E80/5092 and is 100% owned by
Cummins Range Pty Ltd which is a wholly
owned subsidiary of RareX Ltd. Cummins
Range Pty Ltd purchased the tenement from
Element 25 with a potential capped royalty
payment of AU$1m should a positive PFS be
completed within 36 months of purchase
finalisation.
• The security of the tenure held at the
time of reporting along with any known
impediments to obtaining a licence to
operate in the area.
• No security or impediments with tenement
E80/5092.
Exploration done
by other parties
• Acknowledgment and appraisal of
exploration by other parties.
• CRA Exploration defined REO mineralisation at
Cummins Range in 1978 using predominantly
aircore drilling. Navigator Resources
progressed this discovery with additional
drilling after purchasing the tenement in 2006.
Navigator announced a resource estimate in
2008. Kimberly Rare Earths drilled additional
holes and upgraded the resource estimate in
2012.
RareX Limited
ASX:REE
ABN: 65 105 578 756
RareX HQ
Level 1, 338 Barker Road
Subiaco WA 6008
Australia
P +61 (0) 8 6383 6593
E info@rarex.com.au
ree.investorhub.com/welcome
rarex.com.au
RareX Limited (ASX:REE)
@rarex_asx
Criteria
Geology
JORC Code explanation
• Deposit type, geological setting and
style of mineralisation.
Commentary
• The Cummins Range REO deposit occurs within
the Cummins Range carbonatite complex
which is a 2.0 km diameter near-vertical
diatreme pipe that has been deeply weathered
but essentially outcropping with only thin
aeolian sand cover in places. The diatreme pipe
consists of various mafic to ultramafic rocks
with later carbonatite intrusions. The primary
ultramafic and carbonatite rocks host low to
high-grade rare-earth elements with
background levels of 1000-2000 ppm TREO
and high-grade zones up to 20% TREO.
Disseminated apatite is through all rock types
and is also contained in phoscorite. Above the
carbonatite dykes is a well-developed regolith
profile that extends to 100 m below the surface
where a combination of residual, or eluvial and
chemical weathering have redistributed and
upgraded rare earths and phosphate.
• QEMSCAN and MicroXRF results have showed
that all the phosphate is contained in Apatite
and Monazite. The Apatite contains low UTh,
no cadmium and chlorine, and elevated levels
of Fl that are well below acceptable limits.
• QEMSCAN and MicoXRF have showed the REO
in the Regolith are deporting mostly to
monazite, with lesser amounts deporting to
bastnaesite, crandallite, and REE intergrowths.
• QEMSCAN and MicoXRF indicate the REO in
the fresh rock are deporting to monazite,
bastnaesite, parisite and REE intergrowths.
Drillhole
Information
• A summary of all information material
to the understanding of the exploration
results including a tabulation of the
following information for all Material
drill holes:
• All drill hole details used in this metallurgical
testwork have been previously announced on
the ASX between 2019 and 2023.
RareX Limited
ASX:REE
ABN: 65 105 578 756
o
easting and northing of the drill
hole collar
o
elevation or RL (Reduced Level –
elevation above sea level in metres)
of the drill hole collar
o
dip and azimuth of the hole
o
down hole length and interception
depth
o
hole length.
RareX HQ
Level 1, 338 Barker Road
Subiaco WA 6008
Australia
P +61 (0) 8 6383 6593
E info@rarex.com.au
ree.investorhub.com/welcome
rarex.com.au
RareX Limited (ASX:REE)
@rarex_asx
Criteria
JORC Code explanation
• If the exclusion of this information is
justified on the basis that the
information is not Material and this
exclusion does not detract from the
understanding of the report, the
Competent Person should clearly
explain why this is the case.
Commentary
• N/A
Data aggregation
methods
• In reporting Exploration Results,
weighting averaging techniques,
maximum and/or minimum grade
truncations (e.g., cutting of high
grades) and cut-off grades are usually
Material and should be stated.
• No maximum or minimum cut-off grades are
used in this announcement.
• Where aggregate intercepts
incorporate short lengths of highgrade results and longer lengths of low
grade results, the procedure used for
such aggregation should be stated and
some typical examples of such
aggregations should be shown in
detail.
• N/A
• The assumptions used for any
reporting of metal equivalent values
should be clearly stated.
• No metal equivalent values are used in this
report.
• These relationships are particularly
important in the reporting of
Exploration Results.
• N/A
Relationship
between
mineralisation
widths and
intercept lengths
Diagrams
RareX Limited
ASX:REE
ABN: 65 105 578 756
• If the geometry of the mineralisation
with respect to the drill hole angle is
known, its nature should be reported.
• If it is not known and only the down
hole lengths are reported, there should
be a clear statement to this effect (eg
‘down hole length, true width not
known’).
• N/A
• Appropriate maps and sections (with
Share your feedback
Discover