The Pick News

ABx completes further rare earth drilling at Deep Leads

Written by Colin Hay | Jul 15, 2024 1:52:48 AM

ABx Group (ASX: ABX) has concluded its latest 37-hole drilling campaign conducted at the company’s Deep Leads Rare Earth Elements (REE) project, located approximately 45 km west of Launceston, Tasmania.

The campaign, which occurred throughout a four-week period, explored an area directly northwest of the high-grade Deep Leads discovery. To date, this area has remained untested and the company interprets that its location is highly prospective for further REE discoveries.

316 samples have been collected and dispatched to a laboratory for assay, and ABx Group anticipates it will receive results by mid-August.