RareX confirms copper-nickel and gallium mineralization at Khaleesi

RareX has confirmed a copper-nickel sulphide system at its Khaleesi project in Western Australia. Maiden drilling into the Khaleesi Alkaline Intrusive Complex at the Niobe prospect identified mineralisation within a layered mafic intrusion located beneath a large gravity anomaly.

Laboratory assays from a 22-hole drilling program reported significant results, including an interval of 40m at 0.13% copper and 374 parts per million nickel. The company also confirmed gallium enrichment in weathered material above the Niobe granite, with assays reaching 20m at 73g/t gallium oxide.

Managing director and CEO James Durrant stated that the findings provide an important first assessment of the underlying geology and noted that the system remains open and largely untested. RareX plans to conduct an induced polarisation survey in November to refine targets for follow-up drilling.