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Australian Rare Earths (ASX: $AR3) extends high-grade mineralisation 60km south of Koppamurra resource

Expansion of rare earth mineralisation in South Australia


Australian Rare Earths Limited (ASX: $AR3) has announced the identification of shallow, clay-hosted rare earth element (REE) mineralisation extending 60 kilometers south of its Koppamurra Resource in South Australia. The assay results from a recent roadside hand auger sampling campaign have confirmed the extensive nature of the mineralised clay, providing strong evidence of the district's rare earth potential. The samples contain dysprosium, a critical rare earth element, at levels of up to 4.0% of the Total Rare Earth Oxides (TREO) content.

Executive Commentary on the Rare Earth Discovery


Our regional exploration program has unearthed extensive shallow clay-hosted REE mineralisation extending a full 60 kilometers south of our flagship Koppamurra Resource. This discovery not only expands the potential footprint of our province significantly, but the presence of high-grade clays and noteworthy dysprosium content within the newly identified zone paints a very exciting picture for the future. Importantly, this auger program paves the way for follow-up exploration drilling in the southern tenements, solidifying our extensive province position.

Summary of Rare Earth Discovery and Outlook


The assay results have revealed a significant expansion of rare earth mineralisation in South Australia, with extensive mineralised clay identified 60km south of the Koppamurra Resource. The presence of dysprosium at levels of up to 4.0% of the TREO content within the newly identified zone indicates the potential for high-tech applications. The auger program has provided strong evidence of the district's rare earth potential, paving the way for follow-up exploration drilling in the southern tenements. Australian Rare Earths is focused on executing a growth strategy to become an independent and sustainable source of energy transition metals, playing a pivotal role in the global transition to a green economy.

AUSTRALIAN RARE EARTHS LIMITED
AR3 | ASX | Materials
0.0810.004(+5.19%)
At close 05/07 (AEDT)
Market cap
$12.0M
Volume
69,511
DY Yield
0
PE Ratio
0
52 Week Range
0.071 - 0.355
1YR Return
N / A

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