NOTE: Esperance is at the south-west end of the Fraser Range. It started getting attraction after ASX penny stock MRD re-examined its historical drilling results and identified REE in 2021 while DUN and MEK proclaimed to be in similar situations. OD6 completed its IPO in June 2022 on the same base. However, all the drilling results proves again that the Rare Earth is not rare, but economic REE are.

Additionally, source of water might become a critical issue if any development goes ahead.