Latest Barkly Rare Earths (ASX:BAK) News

Barkly Rare Earths has entered its first full year as an ASX-listed explorer with A$5.38 million in cash, a 10,000-metre drilling programme underway and an early 99% magnet rare earth oxide extraction result. The technical signals are encouraging, but both the drilling data and metallurgy remain at an early stage.

Barkly Rare Earths has achieved a 99% magnet rare earth oxide extraction in preliminary metallurgical testing, a marked improvement over previous efforts. This early success could shape the processing approach for its flagship Barkly Project.

Barkly Rare Earths has kicked off a 10,000-metre drilling campaign at its flagship Barkly Project, aiming to grow its 40 million tonne inferred rare earth resource. Initial assays are imminent, setting the stage for a resource update later this year.

Barkly Rare Earths (ASX:BAK) is launching a substantial 10,000-metre drilling campaign targeting expansion of its 40 million tonne inferred rare earth resource at the Barkly Project, with drilling set to start imminently.