• IonicRE commenced Phase 4 infill drilling to substantially increase Indicated Resource base at Makuutu to support Feasibility Study • Second drill rig expected to
• Significant drill program focused on increasing the Indicated Resource base at the Makuutu Rare Earth Project to commence shortly • The infill drill program
Retention Licence 1693 extended for two years plus two additional Exploration Licences awarded in January 2021 Updated Makuutu Mineral Resource Estimate (MRE) of 315 Mt
MAKUUTU DELIVERS POSITIVE SCOPING STUDY AND DEMONSTRATES POTENTIAL TO DEVELOP A SUSTAINABLE, LONG-LIFE, CRITICAL AND HEAVY RARE EARTH SUPPLY Read full announcement
• Ionic Rare Earths signs milestone non-binding MOU with global rare earth giant Chinalco • Chinalco is the world’s largest rare earth miner and separator
• Rotary Air Blast drilling program underway with presence of sedimentary basin confirmed and regolith clay intercepts on Exploration Licence 00147 • Drill program testing
Makuutu Rare Earths Project has received first stage approval from Uganda’s National Environmental Management Authority • Environmental and Social Impact Assessment and enhanced Stakeholder Engagement
Extensive metallurgical program to be completed testing across the 315Mt resource of ionic adsorption clay hosted Rare Earth Element mineralisation Heap leach optimisation program commenced,
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