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Craig Wright

Craig Wright

Managing Director and founding director of Barkly Rare Earths (ASX:BAK), an Australian rare earths exploration company.

Sep 28, 2026

12:04
And I guess the ability is to put out a compliant exploration target like that is a function of the drilling you've done, but also the nature of the, you've got this, it's a laterally extensive, almost like a coal seam running out into the distance.
12:22
Indeed, yeah.
12:24
So the exploration target was based on really two things.
12:28
So one was intercepting the rare earths in the drill holes within our resource areas, and they were 19 kilometers apart.
12:39
And we could see the continuity within the resource areas and the similarity between the two different resource areas.
12:46
And we also drilled another four holes in between, and they also intercepted the rare earths.
12:54
And so that gave us some confidence that there was the potential for continuity between the resources across that 19 kilometers.

6 MINS LATER

19:01
So let's give investors a feel before we wrap up just about what the news might look like in coming months.
0:35
How many holes came back? How many hit mineralisation? And how far apart are the bookends?
0:40
We've got 28 out of 28 holes that have come back from the lab with mineralisation.
0:45
At the outer extent, they're as much as 23 kilometres apart.
0:49
So we're looking at a big, flat-lying, easy-to-get-to mineralised body here.
0:54
Yeah.
0:54
Now, which holes put the biggest numbers on the board? Give me some width, steps, grades, et cetera.
0:58
Yeah.
0:58
So one of our intercepts here, two metres at 2,700 parts per million total rare earths with a high-grade core at over 6,000 parts per million total rare earth oxide.

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