These are pretty good results. There could be an ionic clay REE deposit regolith sitting on top of REE hosted bedrock. Ionic clay REE are easily minable and very profitable compared to hard rock.
AV drilling to follow up on this is being planned - AV is cheap and will satisfy the shallow bedrock needs for this program. I suspect a few RC holes later once they know the more highly prospective areas to test the bedrock for REE as well.
I came for the Mangaroon DRE nearology play but am becoming more and more intrigued by the number and prospectivity of the tenements held by VMC. This REE announcement is no where near DRE's grounds.
I think i'm hanging around for a while and seeing what happens here. They are yet to update the market on their recent field trip to Mangaroon which is to be expected soon.
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