I am hoping that it is IAC, a lot of companies have REE deposits but the issue is the extractability making it financially viable or not. EMT had REE but it was too expensive to extract so hit a brick wall. MRD REE deposit 25km x 1km appears to be IAC (ionic adsorption clay) which is relatable to IXR and the deposits in China. With all that being said very excited, I just hope that it is IAC.
They seem to be following the footsteps of MRD who found their REE deposits from analysing old samples, recently MR Gavin argyle purchased 10% of MRD shares available in his superfund
I hold RR1 before the announcement of REE and I also hold MRD.
REACH RESOURCES LIMITED, page-2
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