Australian Rare Earths Extends Overland Carbonatite 5km South With 130-Metre Intercept

Highlights

• Hole OV176 intersected 130 metres of interpreted carbonatite starting at 68m depth, located 5km south of the original OV167 discovery hole
• Drilling supports a roughly 10km magnetic corridor interpreted as a carbonatite complex, with OV176, OV177 and OV178 all producing consistent geophysical responses
• Assays are still pending, meaning niobium and rare earth grades including NdPr, Dy and Tb remain unknown and economic potential is unconfirmed
• Overland was originally a uranium target; the carbonatite system was an unexpected basement discovery now being evaluated for both primary and secondary REE-Nb mineralization
• AR3 cautions that pXRF and visual observations cannot substitute for laboratory assays, keeping this a geological milestone rather than an economic one