Phase 4 Drill Program Commenced at Makuutu

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• IonicRE commenced Phase 4 infill drilling to substantially increase Indicated Resource base at Makuutu to support Feasibility Study
• Second drill rig expected to be mobilised later this week
• Third rig planned for late July to progress close space infill drilling
• The program will also include a Resource extension drilling allocation scheduled to convert RL1693 Exploration Targets
• Phase 3 RAB drill program assays pending

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