Updated Mineral Resource Estimate at the Makuutu Rare Earths Project in Uganda / 29 July 2022
Ionic Rare Earths Limited (IonicRE)
Updated MRE is estimated at 532 million tonnes at 640ppm Total Rare Earth Oxide (TREO) above a cut-off grade of 200ppm TREO minus CeO2
Indicated Resource component increased 512% to 404 million tonnes at 670 ppm TREO
Indicated Resource base is approximately 76% of the total Mineral Resource which will support the Feasibility Study
Contains significant portion of highly valuable heavy and magnet REOs
KAYNAK RAPOR:
https://wcsecure.weblink.com.au/pdf/IXR/02547271.pdf
Updated MRE is estimated at 532 million tonnes at 640ppm Total Rare Earth Oxide (TREO) above a cut-off grade of 200ppm TREO minus CeO2
Indicated Resource component increased 512% to 404 million tonnes at 670 ppm TREO
Indicated Resource base is approximately 76% of the total Mineral Resource which will support the Feasibility Study
Contains significant portion of highly valuable heavy and magnet REOs
KAYNAK RAPOR:
https://wcsecure.weblink.com.au/pdf/IXR/02547271.pdf
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