RareX (ASX:REE) has mobilised field crews to the Khaleesi Project in Western Australia to conduct a maiden 3,500m drilling campaign.
The company will begin reverse circulation drilling at the project in mid-August, with five priority targets for gallium, rare earth elements, and niobium across the Khaleesi Alkaline Intrusive Complex.
The largest target for this campaign is Niobe, which hosts gallium mineralisation across a 5km by 3km area ahead of first drill testing.
Field crews are currently preparing targets for the campaign, including access, heritage, environmental, and logistical requirements.
CEO James Durrant says the company is ready to put its geological model for the Khaleesi Project “to the test”.
“We’ve taken what was historically a gold exploration project and, through a reinterpretation of historical data and modern geophysical surveys, defined five compelling drill-ready targets across the Khaleesi Alkaline Intrusive Complex,” Durrant says.
“Completing our field preparations is an important milestone as we move towards maiden drilling in mid-August.
“Importantly, our application for additional ground reflects our confidence that the opportunity extends well beyond our current project area and reinforces our belief in the district-scale potential of the Khaleesi system.
“Khaleesi is the priority project from our RareXploration strategy and has the potential to become an important complement to our advanced Cummins Range Project.”
RareX expects to be granted additional tenements in the coming weeks, expanding its landholding across the Khaleesi system.
The company acquired the Khaleesi Project in May 2024, with historical exploration indicating the area is home to anomalous gallium and rare earths geochemistry. The broader alkaline intrusive complex has never been systematically assessed for critical minerals.
RareX identified its five priority drill targets through a reinterpretation of historical datasets and modern magnetic and gravity surveys. The targets include Niobe gallium, Niobe carbonatites, Rim, Nb, and Mag, none of which have been tested to date.
RareX is a critical minerals mining company specialising in rare earths, gallium, niobium, and scandium projects.
Write to Maddison Elliott at Mining.com.au
Images: RareX
