IXR 8.33% 1.3¢ ionic rare earths limited

Ann: Makuutu Phase 5 Drill Program Approved, page-3

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    MAKUUTU PHASE 5 DRILL PROGRAM APPROVED TO COMMENCE

    • Approval received from National Environment Management Authority (NEMA) to re-commence infill drilling at RL00007, plus drilling at Makuutu exploration targets on EL00147 and EL00257;

    • Drill rigs secured and drilling expected to begin in May;

    • Phase 5 exploration program to target areas for further resource growth;

    • Infill drilling at RL00007 to support Mineral Resource Estimate update and increased classification of Inferred Resources to Indicated Resources to support next MLA;

    • Program to evaluate areas with known REE mineralisation and untested geophysical anomaly target areas.


    Keep the updates coming. Adding to indicated resource will further underline Makuutu value and mine life.

    GLTAH
 
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