Acquisition of High-Grade Rare Earths Project in the Northern Territory

HIGHLIGHTS

Rare Earths Potential:

Base Metals Potential:

Commenting on the acquisition, Managing Director Chris Swallow:

“This highly complementary acquisition gives us a strategic, critical minerals position in the Northern Territory. With the confirmed mineralisation and supporting geophysical anomalies in the surrounding Fenton Project, we are now positioned for an accelerated phase of exploration and drilling.

Moreover, the recent government investment to expedite Rare Earths mining in the Northern Territory perfectly aligns with this new acquisition, enhancing our capacity to capitalise on the region’s REE potential.

We have been actively investigating critical minerals opportunities since listing through lithium exploration in the Northern Territory and ongoing assessment of offshore manganese projects. The strategic synergy we are gaining with this acquisition strengthens our position in the critical minerals landscape.”

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