RareX

Mt Mansbridge Exploration

IBM Plex Sans

Driven by the Clean Energy Revolution

The Mt Mansbridge Project, located in the southern Kimberley region of Western Australia, is one of the few places in Australia with hydrothermal xenotime mineralization. Xenotime is a rare-earth phosphate mineral where yttrium (Y) is a major component (YPO₄). Heavy rare earth elements (HREEs), such as dysprosium (Dy), terbium (Tb), erbium (Er), and ytterbium (Yb), can substitute for yttrium in varying amounts, making xenotime a primary ore mineral for high-value magnetic elements like dysprosium and terbium.

As a fully permitted site, exploration is focussed on locating structural environments that allow fluids to precipitate larger volumes of heavy rare earths (HRE) which is key to finding an economic resource. Such environments may include areas of brittle deformation, dilational zones, or intersecting structures. At Browns Range (ASX:NTU), located 45 km northeast, the mineralization is most concentrated along structures oriented at 260-280 degrees, and to a lesser extent along younger structures at 320 degrees, with the best mineralization occurring at the junction of these structures (Cook et al., 2013). At the Sigma prospect, early indications from soil geochemistry suggest two dominant structural trends at 310-320 degrees and 50-70 degrees.

RareX Limited has discovered significant heavy rare earth potential at the Mt Mansbridge Project, with outcropping xenotime mineralization and promising drill results showing exploration upside. The project, located near the Browns Range deposit, is a priority for further exploration due to its geological similarities. The company is enthusiastic about exploring the potential for a high-value dysprosium-terbium deposit. Investors are encouraged to engage with this exciting development and ask any questions they may have. The project has heritage agreements in place and is progressing towards granted tenements.<br/><br/>RareX has been analyzing historic data from various exploration companies like Sigma Resources and Quantum Resources to inform their exploration strategies. The geological setting of the project is complex, with opportunities for further drilling to define mineralization structures. The Company plans to conduct more exploration activities in the upcoming months. Detailed information on all exploration activities, sampling, and assay procedures is provided in the report for investor transparency. Further work will include compiling extensive data sets and planning additional exploration activities. Stay tuned for future announcements regarding the project's progress.

Mt Mansbridge Announcements