IXR - Ionic Rare Earths Limited (IonicRE) has been particularly active during this last reporting period with
a number of significant milestones reached, which include:
• IonicRE increasing its ownership in the Makuutu Rare Earths Project to 51%
• The Makuutu Retention Licence 1693 renewed and two (2) additional exploration licences granted
(EL00147 and EL00148) extending mineralisation corridor from 26km to 37km in length
• A significant increase in the Exploration Target for Makuutu
• The phase 2 drill program results extending the scale of rare REE hosted IAC mineralisation
across tested areas characterised by strong radiometric anomaly
• Post 31 December 2020 the successful raising of $12 million (before expenses of the issue)
• Post 31 December 2020, a substantial increase in the Mineral Resource Estimate reported at
Makuutu
Hopefully another nice rise today
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