• REE wraps up combined RC and diamond drilling campaign at Cummins Range
  • Drilling to support ongoing mining studies, resource growth
  • Cummins Range rare earths-phosphate project is already the largest undeveloped REEs project in Australia

 

A 50-hole 4,449m RC and diamond drilling program has wrapped up at RareX’s Cummins Range project where carbonatite dykes were encountered, indicating the potential for new zones of rare earth and phosphate mineralisation.

RareX’s (ASX:REE) Cummins Range rare earths-phosphate project in WA’s Kimberley region is the largest undeveloped REE project in Australia with an Indicated and Inferred mineral resource estimate of 519Mt at 0.31% TREO and 4.6% P205 for a total of 1.6Mt of contained TREO.

The company has been actively drilling at Cummins Range in recent months with a combined diamond and RC drilling program to gain samples for metallurgical test work and mining studies.

According to the explorer, the 50-hole 4,449m program was successful in confirming the continuity of high-grade phosphate mineralisation within the regolith resource for Stage-1 development and extended near surface mineralisation to the east.

Drilling on the edges of the resource encountered common carbonatite dykes and veins, which steered drilling towards the east.

READ: RareX’s phosphate DSO plan a ‘springboard’ for long life, high value rare earths operation at Cummins Range

 

Efforts turn to regional exploration

REE managing director James Durrant says results will provide important data to support ongoing mining studies at Cummins Range, as well as working to expand and upgrade the projects’ resources.

“With this drilling now complete, our exploration team will focus its efforts on regional exploration at Cummins Range and beyond, as part of our RareXploration initiative aimed at delivering new discoveries and business development opportunities,” he says.

RareXploration is the company’s in-house exploration and investment arm, focussed on building value external to the Cummins Range deposit.

It also manages the significant investments held by RareX in Cosmos Exploration (ASX:C1X), Kincora Copper (TSX:KCC) and rare earth trading company, CREC (LL.V).

 

What’s next?

Assays from the drilling are expected in September – October and will be reported imminently.

Following the completion of the Cummins Range drilling, the RareX exploration team will now focus on exploring the ground surrounding the Cummins Range carbonatite pipe as part of the company’s regional RareXploration initiative.

Gravity and magnetic surveys to support regional target generation will begin in the coming days.

 

 

 

This article was developed in collaboration with RareX, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

Read MoreRare Earths

Featured Companies

You might be interested in