REE 7.69% 1.2¢ rarex limited

Ann: SIGNIFICANT NIOBIUM ASSAYS ADD NEW DIMENSION - CUMMINS RANGE, page-70

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    From a talk Jeremy made about a month ago - https://hotcopper.com.au/threads/rarex-presentation-v-con.5627590/. Bolding was mine. We've had a bit more information since then such as additional elements being checked for and a delay at the lab. Still waiting on 55 holes over the next month.

    *
    Cummins Range
    Just finished over 6000m of drilling. Had a lot of sucess there. Sending assays to lab. Results back in near future. "Most importantly, 22.1% NdPr content which pegs us very close to all our competitors and in line with Mt Weld as well". Ultra-low thorium content. Low thorium means premium product.

    "Very successful drilling program. We've hit the mineralisation everywhere we wanted to. Lots of newsflow over the next couple of months."

    Low capital strategy. Expect to have some product to show later in the year to show potential customers and move the project forward.
 
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