en.Wedoany.com Reported - RareX (ASX:REE) plans to commence reverse circulation drilling at its Khaleesi Alkaline Intrusive Complex (KAIC) project in July 2026, testing five targets with a total meterage of 3,500 meters. The drilling targets gallium, rare earth elements, and high field strength elements.
The drill targets were selected based on geochemical data from air-core drilling during historical gold exploration, as well as geophysical anomalies from historical detailed magnetic and gravity surveys.
The company noted that all targets have potential for mineralized carbonatite, as well as gallium potential.
The KAIC project is located approximately 260 kilometers northeast of Kalgoorlie, covering six exploration licenses totaling 790 square kilometers. The Niobe prospect, an 8 km by 3.5 km intrusion exposed in the center of the tenement, will be tested for large-scale gallium systems and carbonatite mineralization.
Managing Director and CEO James Durrant said the company is pleased to mobilize the drill rig to Khaleesi. He stated that this drilling campaign has been carefully designed to test the company's highest priority targets—from the large gallium system at Niobe to geophysical anomalies that may represent carbonatite bodies within the complex. The project previously had complexities regarding access and permitting, which have now been resolved, and the company looks forward to reporting results as they come in.
Although RareX was awarded a drilling grant under the Exploration Incentive Scheme, the recent fuel supply crisis prevented the company from meeting the May 30, 2026 deadline, and thus the grant was not secured. For the current drilling program, all prerequisites are in place, including a fuel and water infrastructure access agreement with Deep Yellow (ASX:DYL), fuel agreements with suppliers, flora and fauna management measures, and a cultural heritage surveyor.
RareX is a critical minerals company focused on rare earths, gallium, niobium, and scandium in hard rock carbonatites.
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