Rex Minerals Limited has received additional assay results from its recently completed six-drill hole program testing 3D IP targets at its Airport Project within the Company's 100% owned Hog Ranch Gold Property in Nevada, USA. The new intersection of 56.4m @ 2.12g/t gold from 54.9m down hole in hole HR21-012 has confirmed the discovery of a new highly-mineralized structure west of the existing Mineral Resource at Airport. The intersection contains two higher-grade intervals of: 12.2m @ 3.86g/t gold from 57.9m, 4.6m @ 8.61g/t gold from 88.4m. The drilling program at Airport was designed to test several targets generated by modelling of new 3D IP data, which included confirming possible extensions to the known Airport structure and the testing of three new structures. Airport Drilling Results: Following the completion of a new 3D IP survey over Airport in early 2021, a six-hole RC drilling program was planned to test the central position of the known Airport structure and to test three new separate target positions on newly-interpreted structures based on the 3D IP data. All assay results have now been received from this drilling program. Holes HR21-010 and HR21-012 were successful in confirming gold mineralization on two new structures. Hole HR21-008 confirmed and extended the central position of Airport. The most significant result from this drilling program was from drill hole HR21-012 which appears to have intersected significant broad gold mineralization across a newly-interpreted north-south trending and steeply dipping fault.