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Australian Rare Earths Limited (ASX:AR3)

ALERT: Price-sensitive ASX Announcement for AR3
Current share price for AR3 : $0.091 -0.019 (-17.27%)+
Announcement
Release
8 Jul 2026 10:08AM
Price at Release
$0.110
Full Release
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Summary
Australian Rare Earths Limited (AR3) announced the discovery of a new niobium-rare earth carbonatite system at its Overland Project in South Australia. This expands AR3's critical minerals portfolio beyond its existing Koppamurra Rare Earth Elements (REE) and Overland uranium targets. The exploration, highlighted by drill hole OV167, identified a significant 19-metre interval of rare earth and niobium mineralization, open at depth and associated with a large magnetic anomaly. The presence of pyrochlore as the primary niobium-bearing mineral and the geological setting are indicative of a carbonatite system, prompting further exploration and modeling to assess the system's scale and potential.
Key Points
  • AR3 identified a niobium-rare earth carbonatite system at the Overland Project.
  • The discovery expands the company's critical minerals beyond existing projects.
  • Drill hole OV167 revealed significant niobium and rare earth intersections.
  • The mineral system is globally recognized as a major source of REEs and niobium.
  • The interval remains open at depth, with a 19-metre mineralized zone identified.
  • Pyrochlore, a dominant niobium ore mineral, was found in the drill cuttings.
  • AR3 plans follow-up drilling and expanded geophysical modeling.
  • The exploration target has geochemical and mineralogical characteristics consistent with a carbonatite system.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.