- ChemX Materials (CMX) intersects “outstanding” rare earth elements (REE) at its Eyre Peninsula tenements in South Australia
- The company receives assays for an initial 129 samples, with up to 2614 parts per million total rare earth oxides intersected
- The company says the results highlight the prospectivity of the tenements for ionically adsorbed REEs
ChemX will now assay the remainder of the samples to provide an understanding of the distribution of REE across the tenements
- Shares in ChemX are down 2.17 per cent and are trading at 22.5 cents at 2:29 pm AEST
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