ABx Group Limited (AU:ABX) has released an update.
ABx Group Limited has announced promising results from their 37-hole drilling campaign at the Deep Leads rare earth element project in Tasmania, revealing thicker-than-usual mineralization with significant enrichment in dysprosium and terbium. These results suggest expansion of the high-grade REE zone, with one of the highest proportions of these critical elements in Australian clay-hosted resources, making it particularly rare and valuable. The geometry of the ore also indicates potential for land restoration post-mining, enhancing the project’s environmental appeal.
For further insights into AU:ABX stock, check out TipRanks’ Stock Analysis page.
