Ann: ACQUISITION OF COWALINYA IONIC RARE EARTH PROJECT, page-138

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WockaWocka

55 Posts.

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24/03/21

10:40

Post #: 51996732
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Originally posted by setfire2thehive: ↑

Originally posted by skijapan
Cheers Paul will review and hopefully take up a position shortly
Cheers Paul will review and hopefully take up a position shortly
Hey Ski,

We've tried to keep all of the convo relating to the rare earths acquisition to this thread. If you flick to the start of it there's not too many pages to get through. Paul and myself started adding detail only a few weeks ago.

Echoing @Paul7890 comments it's potentially an IXR deposit in WA with 100% ownership.
Upside potential in 6months (post drilling program and confirmation of geology) is easily a 50-100m MC IMHO.
Risk is; mineralization is not wide spread/grade is ultra low (unlikely), is not an IAC deposit.

To be frank this is the only project i invested for but they did acquire 2 other rare earth projects and also have a suite of existing already explored targets prospective as LCT-pge (lithium, caesium, tantalum) where the tantalum actually appears very very high grade in some areas.

Then there's a gold project - with promising results.

Worth doing more reading on those should those elements interest and i'm currently planning on doing some myself post conversation with the EMT team later this week.

Post #:51840235 Post #:51846465 pauls due diligence
Post #:51858848 my DD with some indication of economic of basket.
Post #:51860896 rough cut tonnages potential.

underlying geology info, Post #:51861919, Post #:51944666, Post #:51947584
Post #:49682372
Post #:50643443
Post #:49210076
Post #:49360333
Post #:49371865
^^^relates to Ionic adsorption Clay's and how they stack up economically.

Hope that helps.

SF2TH

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Great thread guys. Is there a rough timeline of drilling for the Ionic deposit?

EMT Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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