TRANCHE 3 DRILLING RESULTS CONFIRM SUBSTANTIAL EXTENSION OF MINERALISATION AT MAKUUTU EASTERN ZONE

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Highlights

  • Tranche 3 assays confirm a major extension of Rare Earth mineralisation to the east of current Mineral Resource tenement
  • Drill program is testing an area three (3) times the size of the current Mineral Resource Estimate (MRE) area
  • Results indicate a higher proportion of the strategically important Heavy Rare Earth Oxides (HREO) at Makuutu Eastern Zone
  • REE clay mineralisation above MRE cut-off grade is reported in 44 of 45 holes, contained within the sedimentary basin that extends further to the east

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