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High Impact Critical Minerals Exploration

Tier-1 jurisdictions

The Karloning Rare Earth Element (REE) Projects, located in Western Australia’s Wheatbelt, represent a strategic and exciting opportunity for Codrus Minerals Limited (ASX:CDR) to enter the rare earths sector and diversify its portfolio.

Codrus Minerals has secured a significant landholding and is well-positioned to capitalise on the increasing global demand for rare earths and create value for its shareholders.

The Project offers compelling exploration potential to discover more of the high-value REE’s already identified at Karloning which are used in the manufacture of high-strength permanent magnets namely Neodymium (Nd), Praseodymium (Pr), Dysprosium (Dy) and, Terbium (Tb). (MREO = Magnet Rare Earth Oxides)

In addition to our REE project, Codrus has a portfolio of exciting gold and copper projects in Western Australia (WA) and Oregon, United States of America (USA). All of our Australian assets are located in close proximity to existing operating mines and the Bull Run Project in the USA is located in a rich historic gold producing area.


The Company has four projects in Western Australia. The Karloning Project is located 30km north of the regional town of Mukinbudin and 260km north-east of Perth, the Red Gate and Silver Swan South projects are located in the Kalgoorlie region and the Middle Creek Project is located near Nullagine in the Pilbara.

The Bull Run Project is located in Baker County, eastern Oregon, USA, approximately 5 miles south of the town of Unity

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