Some interesting comments from some of IXR's earlier drill reports on the combination of Kaolin clay and REE extraction. Anyway, leave you be SF2TH, thanks for responding.
"Of particular interest are the results from Area J, which covers a radiometric anomaly 4km long by 1.5km wide, where drilling shows more kaolin clay visually in the drill core, which is a positive indicator for enhanced REE extraction, at higher average heavy rare earth content relative to the existing resource.
The big resource upgrade will be completed around Q1 next year once all drill hole assays have been reported.
Ionic chief exec Tim Harrison says these “unexpected and material” drill assays have identified elevated grades of Heavy Rare Earths across the project’s Eastern Zone.
“Encouragingly, this is coupled with more kaolin clay which we have previously correlated with above average metallurgical extraction,” he says."
ITM Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
