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Posted On: 08/10/2025 10:05:06 PM
Post# of 7
10 Aug 2025 REE Target Found Beneath Fenite Outcrops
Stephen Baghdadi – CEO & Managing Director, stated: “We are very encouraged by the positive
magnetotelluric survey results, which validate our previous work and reinforce confidence in our
exploration model. The identification of a deep, high-resistivity features directly beneath fenite outcrops
is particularly noteworthy, as it is consistent with a carbonatite-related system. With these geophysical
insights in hand, we are now preparing for the next phase of exploration, including drill planning for these
targets. We expect to receive the full set of geochemical assay results this week, and the data will be
integrated with the geophysics to refine our rare earth and gold targets. We remain optimistic that our
gold targets, particularly those coincident with low-resistivity zones or favourable structures, will prove
similarly encouraging.”
https://api.investi.com.au/api/announcements/...c1-760.pdf
Stephen Baghdadi – CEO & Managing Director, stated: “We are very encouraged by the positive
magnetotelluric survey results, which validate our previous work and reinforce confidence in our
exploration model. The identification of a deep, high-resistivity features directly beneath fenite outcrops
is particularly noteworthy, as it is consistent with a carbonatite-related system. With these geophysical
insights in hand, we are now preparing for the next phase of exploration, including drill planning for these
targets. We expect to receive the full set of geochemical assay results this week, and the data will be
integrated with the geophysics to refine our rare earth and gold targets. We remain optimistic that our
gold targets, particularly those coincident with low-resistivity zones or favourable structures, will prove
similarly encouraging.”
https://api.investi.com.au/api/announcements/...c1-760.pdf
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