IXR 5.00% 1.1¢ ionic rare earths limited

Ann: Airborne Geophysical Survey Completed,NCM-OVL.AX, page-4

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    I think you nailed it. Survey and soil results next, and they should hopefully point to some prospective drill targets, possibly after some more detailed local soil sampling to better define targets. Remember drilling is expensive and nobody wants to see too many dusters, so you want to give it your best shot - slow gun, fast bullet kind of thing.

    The biggie will be if and when Newcrest decides to go beyond the minimum commitment and fund a drill campaign, then things could get really interesting. This is still sub 10M market cap with plenty of potential.
 
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