ABx Group received assay results from its Deep Leads rare earth element (REE) discovery at the DL130 bauxite deposit in northern Tasmania, which is now proven to extend for more than 3 kilometres. A new high grade to date extends strike length by 870 metres. Results from hole DL187 set a new high grade of total rare earth elements (TREO) from Deep Leads, returning 3,306 ppm TREO. It also extends of the areal extent of the Deep Leads REE discovery, being located 870 metres further south than previous mineralised holes. Most early holes were too shallow to test the REE horizon which is in clays sitting above the basement rock. Higher grade zone covers an area 3km x 1.5km with extension targets to the NW, NE and South being tested by the new drill campaign. Hole DL187 is a significant 870 metre extension to the south.