Victoria
Savic West project
EL006968
Commodities Rare earth elements (clay-hosted)
CNAM’s EL006968 (Savic West project) contains a significant extension of REE mineralisation targeted by Australian Rare Earths Ltd (ASX: AR3) at its Koppamurra project in South Australia.
The CNAM and AR3 tenements are contiguous and REE mineralisation continues across the Victoria-South Australia border.
CNAM carried out a drilling program (~1,000m aircore, 63 holes) at the Savic West REE project in Victoria in early February 2026. Highlights from the program are shown in the accompanying figure.