Barkly Rare Earths has extended its exploration footprint in the Northern Territory with new northwest drilling hitting rare earths 6-8km from previous results. The results also strengthen the existing inferred resource, with high-grade intercepts up to 4550ppm TREO reported in the southern holes.
Barkly Rare Earths has reported significant new rare earth drill intercepts in 15 of 16 newly assayed holes, contributing to 43 mineralised holes in its Phase 1 campaign. The results include wider mineralised intervals and high magnet rare earth oxide ratios with low contaminants. Preliminary metallurgical testing also showed 99% MREO recovery in acid-leach tests.
Barkly Rare Earths has reported further high-grade rare earth intercepts from its Phase 1 drilling program at the Barkly Project, with 43 of 44 holes returning significant mineralization up to 23 km apart. Follow-up assays have widened 11 previously reported intercepts, reinforcing the interpreted lateral extent of shallow, high MREO ratio mineralization with consistently low uranium and thorium. The results will inform ongoing resource expansion drilling and a planned Mineral Resource update in Q4 CY2026.
Barkly Rare Earths Limited's Annual Report for FY2026 details significant progress on its Barkly project, including positive initial drill results extending rare earth mineralization over a wide area and an encouraging 99% MREO extraction rate from early-stage metallurgical testwork. Despite exploration delays due to weather, the company successfully completed an IPO, maintaining a strong cash position. The report also restates the project's initial Inferred Mineral Resource for rare earths and vanadium.
Barkly Rare Earths has reported significant rare earth intercepts from all 28 drill holes assayed in its Phase 1 program in the Northern Territory. The results include high-grade TREO intercepts and demonstrate continuity across a broad target area with holes spaced up to 23km apart.
Barkly Rare Earths reported a technical breakthrough at its Northern Territory project, achieving 99% magnet rare earth oxide (MREO) extraction using a caustic conversion and HCl leach process. The test also demonstrated effective phosphorus separation (92% extraction to the conversion solution). The company has appointed Lu Zhang as an independent metallurgical consultant to oversee further flowsheet optimization.
Barkly Rare Earths has completed the first 1,000m of a 10,000m Phase 1 drilling program, with 45 holes finished. The company is targeting a mineral resource update in Q4 2026 and has received government co-funding for drilling and metallurgy.
Metallium Ltd. has secured binding exclusive rights to the Harts Range Project in Australia following successful early testwork. The company's proprietary Flash Joule Heating technology demonstrated exceptional enrichment of dysprosium and terbium from raw ore.
