Australian Rare Earths (ASX:AR3): Promising assay results uncovered at Koppamurra, SA

Sonia Madigan:

I’m from the floor with Travis Beinke, CEO of Australian Rare Earths (AR3), and we have news out today from the company.

Travis, can you fill us in?

Travis Beinke:

Yeah, thanks.

Sonia, we’ve released today the last of our assay results from the recent drilling
campaign which was conducted from February through to June this year.

The results are promising.

It demonstrates that the mineralisation is consistent another six kilometres away from our
current indicated resource and the last of those assays will inform a resource
and exploration target update a little later this year.

Sonia Madigan:

Now you’re not working in Western Australia unlike many of the people here at the
conference today.

Where are you working? Can you tell us about the advantages, perhaps the disadvantages of working in South Australia?

Travis Benike:

Sure, no.

So yes, we’re in South Australia.

The project is down near Naracoorte in the southeast of South Australia.

South Australia is a great mining jurisdiction to be working in, the community down there has been very supportive in our work so far over the last couple of years as we’ve defined the current resource.

So we’ve got great access to infrastructure, roads, power, water, so you know there’s
a lot of really good elements to the project that will hopefully support us in production.

Sonia Madigan:

So what would you hope to achieve by being here in Kalgoorlie for Diggers and Dealers?

Travis Beinke:

Yeah, it’s just a great opportunity to meet a lot of people and to bring them up to speed
with the projects.

I’m just looking forward, I’m only six weeks into the role here at Australian Rare Earths,
so yeah, really a great opportunity for us to tell the story of where we’re at.