• High-grade rare earth mineralisation confirmed across multiple prospects within the Ashburton Project
• Rock-chip sampling returned up to 11.38% Total Rare Earth Oxides (TREO) at the Livanto Prospect
• Rare earth assemblage is dominated by high-value magnet rare earth elements
• Historical drilling confirms shallow, widespread REE mineralisation over at least 30 kilometres of strike
• Previous drilling at Ashburton has identified high-grade uranium with assays up to 16,050ppm eU3O8

Piche Resources Limited (ASX: PR2) has identified the Ashburton Project as a significant rare earth exploration opportunity, enriched in high-value magnet rare earth elements. Rock-chip sampling at the Livanto Prospect returned up to 11.38% Total Rare Earth Oxides (TREO), with the rare earth assemblage dominated by middle and heavy rare earth elements, essential for permanent magnet applications. Historical drilling confirms shallow, widespread rare earth mineralisation over at least 30 kilometres of strike, extending a further 30 kilometres within the Company's tenement package. Additionally, previous drilling has identified high-grade uranium potential, with assays up to 16,050ppm eU3O8. The project demonstrates multi-commodity potential at scale for both uranium and rare earth elements.