IXR (ASX) Ann: Phase 4 Resources Drilling to Commence at Makuutu

Originally posted by setfire2thehive: ↑

Hi There,

This hypothesis is entirely possible. Tim has mentioned the double desorption loophole which obfuscates recovery details. Probably why I thought it was positive in IXR's SS that there was reports of the different element types in terms of recovery. clay/upper saprolitemottled.

Also appears they are using a mass recovery figures which as you accurately indicate is more representative.

Agree of Biol data, it's few and far between and at times conflicting - Best outcome will be the PFS from hothschild.

I usually share most my links but some sources i'm requested to not pass on. Below is a snip from a presentation which calls out the double desorption recoveries. At the later part of the presentation they report project recovery as 88%.
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https://www.irvresources.com/assets/docs/projects/mulanje-ni43-101-2011.pdf
https://ejatlas.org/conflict/mulanje-massif-rare-earth-mineral-exploration-malawi
https://www.sharecast.com/news/aim-bulletin/altona-agrees-to-acquire-majority-stake-in-chambe-basin--7528008.html
https://mininginmalawi.com/mining-in-malawi-436/
https://webfiles.thecse.com/sedar_filings/00037915/1701301301341853.pdf
https://www.mwnation.com/second-phase-hunt-for-rare-earths-starts/
https://www.sciencedirect.com/topics/earth-and-planetary-sciences/ion-adsorption
https://www.goldseiten.de/artikel/154918--Gold-Canyonund039s-Projects-and-Corporate-Update.html should provide guidance to the releases for Chambe which Gold Canyon done.
https://www.yumpu.com/en/document/read/46172272/malawi-ni-43-101-december-2011-gold-canyon-resources-inc/7 here’s the NI43-101 for Malawi project.
https://www.mkango.ca/i/pdf/NI43-101-Songwe-REE-Project-22-Nov-2012-low-res.pdf (songwe project (carbonite), not Ionic Clay but might be of interest.)
https://mininginmalawi.files.wordpress.com/2019/04/2019-mkango-resources-ni-43-101-technical-report.pdf (songwe) 200m USD

https://links.sgx.com/FileOpen/BDA%20TREM%20Project%20Valuation%20for%20ISR%20-%20September%202017%20-%20Final.ashx?App=Announcement&FileID=471590
^^tant tech report.

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Some general links attached from an email I sent recently whom was enquiring on some sources in general.

SF2TH

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The attached slide you have attached says it all... from my eye-balling interpretation of the graph, the true recovery is well short of 90%... probably 30%.

Using double desorption recovery data most certainly obfuscates the data. I would very much like to see data from the BioLantanidos project, but I doubt there will be much detail in any market announcement they issue; hopefully we get a pleasant surprise!

@SF2TH, thanks for your efforts and commentary on this board. I appreciate reading your considered thoughts and analysis.