#minrexresources

MinRex Resources (ASX: MRR) — currently trading at approximately $0.008 per share — has released results from its latest greenfields RC drilling program targeting IOCG (Iron Oxide Copper-Gold) and BHT (Broken Hill Type) style systems. Though the campaign did not intersect copper-gold mineralisation, it delivered significant critical mineral results, highlighting the presence of Rare Earth Elements (REE), Titanium Dioxide (TiO₂), and Scandium (Sc).

📍 Key Results:

Benriach – 27 m @ 102 ppm Sc₂O₃ & 2.23% TiO₂ from 171 m (BHTRCP002)

Oban – 117 m @ 3.31% TiO₂ & 47 ppm Sc₂O₃ from 15 m (OBNRC001)

Talisker – 27 m @ 718 ppm TREO*, including 9 m @ 1,037 ppm TREO from 45 m (TSKRCP004)

Talisker – 36 m @ 546 ppm TREO, including 3 m @ 1,101 ppm TREO from 27 m (TSKRCP001)

*TREO = Total Rare Earth Oxides (La₂O₃ + CeO₂ + Pr₆O₁₁ + Nd₂O₃ + Sm₂O₃ + Eu₂O₃ + Gd₂O₃ + Tb₄O₇ + Dy₂O₃ + Ho₂O₃ + Er₂O₃ + Tm₂O₃ + Yb₂O₃ + Lu₂O₃ + Y₂O₃)

💬 Technical Director, Ian Shackleton, commented:

"We are currently reviewing these results in more detail against other data sets and in context to known deposits in the region to determine their potential extent and significance.”

🎯 Targets Tested:

The RC drilling campaign tested a range of IOCG and BHT-style targets—identified through reprocessing and interpretation of gravity, aeromagnetic, and EM datasets—aimed initially at locating copper, gold, and base metals.

🧠 Investor Outlook:

With demand rising for REEs, TiO₂, and Sc among renewable energy, aerospace, and tech sectors, MinRex’s results place it as an emerging player in the critical minerals space. The diversity of commodities across its tenements could underpin multiple future growth opportunities.

📢 MinRex will issue further updates as exploration progresses, in line with ASX disclosure obligations.

📈 ASX: MRR — $0.008

🔗 Read more: https://colitco.com/minrex-titanium-dioxide-scandium-fraser-range/

Looking toward the second half of 2025, MinRex Resources is preparing for a series of drill programs across its core lithium and gold projects. The company aims to transition several prospects into JORC-compliant resource status by early 2026, marking a significant milestone in its exploration journey. The June report outlines a clear roadmap, highlighting the projects that are drill-ready and the strategic steps ahead.

One of the focal points for H2 2025 is the Marble Bar Lithium Project, where high-priority targets identified in the June quarter will undergo RC drilling. The intent is to validate lithium-bearing zones and generate data sufficient for preliminary resource modeling. Success here could place MinRex firmly on the radar as an emerging lithium player in Australia.

Simultaneously, MinRex plans to commence diamond drilling at Sofala to test deeper gold-copper mineralisation structures. These efforts aim to build on previous discoveries and expand the project’s resource base. In addition, ongoing exploration at Tambourah and Sunny Corner is set to continue, including geophysical analysis and geochemical surveys.

The company’s diversified project pipeline provides optionality and risk mitigation. By advancing multiple assets concurrently, MinRex ensures continued news flow and multiple catalysts for shareholder value creation. The company's focus on project milestones, including drill results, heritage approvals, and permitting, aligns with its strategy of building momentum through each exploration phase.

MinRex Resources (ASX: MRR) has successfully completed its RC drilling program at the Fraser Range Copper-Gold Project, located northeast of Esperance in Western Australia's renowned Albany-Fraser Belt. 🗺️⛏️

This program targeted five high-priority prospects — Talisker, Glenmorangie, Oban, Benriach, and Glendronach — as MinRex advances exploration in one of Australia's most prospective mineral corridors, home to major discoveries like IGO’s Nova-Bollinger deposit. 🌍⚒️

Key Highlights:

✅ 9 RC drill holes completed, totalling 1,958m ✅ Drilling focused on high-impact copper-gold targets with IOCG and BHT potential ✅ First drilling campaign on tenure following modern geophysical reinterpretation ✅ Fully funded by MinRex, with on-ground operations managed by JV partner West Cobar Metals (ASX: WC1) ✅ Assays expected August 2025 — critical for JV decision-making

🗨️ Technical Director Ian Shackleton commented:

"We thank the West Cobar team for executing the program safely and effectively. We look forward to reviewing the assays and working together to assess the next steps for this promising project."

📊 Investor Outlook:

At a share price of $0.008 and market cap of ~$8.68 million, MinRex offers high leverage to exploration success in a Tier-1 jurisdiction. With global copper and gold prices showing strength — and green energy and inflation tailwinds — the timing is favourable for well-placed explorers.

Copper is up 22.47% YTD, driven by demand for EVs, renewables, and grid upgrades. ⚡ Gold remains near record highs, up 27.55% YTD, supported by macro uncertainty and investor demand. 💰

Fraser Range represents an opportunity for MinRex to secure exposure to world-class copper-gold potential alongside experienced JV partners.

🔎 Read more: https://colitco.com/minrex-rc-drilling-completed-fraser-range-copper-gold/