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RareX Limited ( (AU:REE) ) has shared an announcement.
RareX Limited has announced the completion of heritage clearance for its Khaleesi drill campaign, paving the way for a significant exploration program targeting gallium-rich clays at the Niobe prospect. The planned 3,000-meter drill program, supported by EIS funding, aims to test high-grade gallium zones within the Khaleesi Alkaline Intrusive Complex. This development could enhance RareX’s position in the rare earth and critical minerals market, potentially benefiting stakeholders by expanding resource estimates and advancing project development.
More about RareX Limited
RareX Limited is a company operating in the mining industry, focusing on the exploration and development of rare earth elements and other critical minerals. The company’s primary market focus is on the discovery and extraction of rare earths, niobium, and gallium, with significant projects located in Australia.
Average Trading Volume: 8,164,454
Technical Sentiment Signal: Buy
Current Market Cap: A$33.51M
Learn more about REE stock on TipRanks’ Stock Analysis page.