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
