Barkly Rare Earths Limited (ASX:BAK) (‘Barkly’ or the ‘Company’) has received the first assays from its 10,000 m Phase 1 drilling programme at the flagship Barkly Project in the Northern Territory. Every hole assayed returned significant rare earth intercepts, in 28 holes up to 23 km apart. The programme targets extensions near the current high-grade 40 Mt @ 2,100 ppm TREO Inferred Mineral Resource, where mineralisation remains open in all directions.