REE 7.14% 1.3¢ rarex limited

Ann: SIGNIFICANT EXPLORATION POTENTIAL CONFIRMED AT CUMMINS RANGE, page-2

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    SIGNIFICANT EXPLORATION POTENTIAL CONFIRMED AT CUMMINS RANGE WITH 9KM OF STRIKE LENGTH IDENTIFIED HIGHLIGHTS

    • Detailed study identifies at least 9km of strike length potential
    • Existing Inferred Resource of 13Mt @ 1.13% TREO covers only circa 1km of strike length
    • 3 new highly prospective areas identified for potential new discoveries

     Northeast Channel Prospect – 1.8km geophysical area
     Southwest Boundary Prospect – 1.8km geophysical area
     Southwest Hook Prospect – 0.9km geophysical area

    • Existing Resource open in multiple directions
     Central Channel Deposit – open at least 350m to the east along strike and at depth
     Northern Channel Deposit – open to the west and at least 1.2km to the east along strike and at depth

    • Passive seismic survey to commence this month ahead of expanded diamond and RC drilling program

    fairly decent update, should be interesting by years end....
 
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