ABx Group Completes Further Drilling at Deep Leads
Released
Released
Announcement PDF
ASX Announcement
15 July 2024
ASX: ABX
ABx Group Completes Further Drilling at Deep
Leads
Figure 1: ABx drilling operations conducted during an earlier rare earths exploration campaign
ABx Group (ASX: ABX) (“ABx” or “the Company”) is pleased to announce the conclusion of 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.
This announcement is approved for release by the board of directors.
ABx Group Limited
Level 4 100 Albert Road South Melbourne VIC 3205
ABN 14 139 494 885
P: +61 3 9692 7222
F: +61 2 9251 7500
ASX announcement 15 July 2024
page 2
For further information please contact:
Dr Mark Cooksey
MD & CEO
ABx Group
+61 447 201 536
mcooksey@abxgroup.com.au
www.abxgroup.com.au
Media
Chapter One Advisors
David Tasker / Alex Baker
+61 433 112 936 / +61 432 801 745
dtasker@chapteroneadvisors.com.au /
abaker@chapteroneadvisors.com.au
About ABx Group Limited
ABx Group (ABx) is a uniquely positioned, Australian company delivering materials for a
cleaner future.
The two current areas of focus are:
Creation of an ionic adsorption clay rare earth project in northern Tasmania
Establishment of a plant to produce hydrogen fluoride and aluminium fluoride from
recycled industrial waste, to replace imports (ALCORE)
There is also a legacy business of mining and enhancing bauxite resources for cement,
aluminium and fertiliser production.
ABx endorses best practices on agricultural land, strives to leave land and environment
better than we find it. We only operate where welcomed.
Disclaimer Regarding Forward Looking Statements
This ASX announcement (Announcement) contains various forward-looking statements. All
statements other than statements of historical fact are forward-looking statements.
Forward-looking statements are inherently subject to uncertainties in that they may be
affected by a variety of known and unknown risks, variables and factors which could cause
actual values or results, performance, or achievements to differ materially from the
expectations described in such forward-looking statements.
ABx does not give any assurance that the anticipated results, performance, or achievements
expressed or implied in those forward-looking statements will be achieved.
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