In case the link goes dead in future, here is the relevant...

In case the link goes dead in future, here is the relevant section:

There are more rare earth juniors out there than most would think would be the case. Two that came on to the radar in recent days are PVW Resources (PVW) and RareX (REE).PVW announced it had pulled in $9.5 million from a heavily oversubscribed placement at 40c a share to get cracking at its Tanami (heavy) rare earths project in WA’s Kimberley region.The word from Cottesloe beach was that Gina Rinehart took $2m of the placement. There is no confirmation of that just yet. But the chatter does go to the idea that funding for the Western world’s rare earths supply challenge is coming thick and fast.PVW is now fully funded to complete an aggressive drilling program at the Killi Killi East target in the Tanami project area. It is where rock chip sampling returned up to 12.45% in total rare earth oxides in October last year.Rock chips aren’t a reliable guide to what is underneath but they are a good start, particularly when the initial target has 3km strike length of surface expression along the 18km-long Killi Killi East-Watts Rise trend.It is exciting and potentially province-making stuff. Recently-listed junior Killi Resources (KLI) is also active in the area, as its name suggests. It is putting together an upcoming drilling program for gold and rare earths at what it calls its West Tanami project.