RareX Limited (AU:REE) has released an update.
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RareX Limited has announced encouraging assay results from their re-assayed historical drilling pulps at the Khaleesi Niobium Project, revealing significant intervals of elevated rare earths, particularly niobium. These findings support existing geological models and target areas for further exploration. Drilling plans are set for early 2025 to explore basement intrusives, including carbonatite targets identified through geophysical reinterpretation.
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