22 March 2022 – 100% Success Rate for Phase 4 Tranche 6 Infill Drill Results
Ionic Rare Earths announced sixth and final Tranche of Phase 4 drilling results were received with all 66 holes intersecting rare earth element (REE) mineralised clay above
the Mineral Resource Estimate (MRE) cut-off grade. The 100% success rate of Phase 4 drill program will now feed into the MRE update, which has commenced with expected delivery in Q2 2022.
7 March 2022 – Seren Technologies Acquisition Update
Ionic Rare Earths provides an update on the acquisition of 100% of Seren Technologies Limited (SerenTech), a UK private company with unique and leading-edge rare earth separation technology. The application of SerenTech patented technology has achieved separated and refined products to high purity with REO grades above 99.9% demonstrated at pilot scale.
7 February 2022 – Tranche 5 Infill Drill Results Deliver 100% Success Rate
Ionic Rare Earths announced the results of assays for Tranche Five (5) of the 8,220 metre Phase 4 drill program completed in October 2021 at the Makuutu Rare Earths Project.
Drill assay results have been received for a further 110 drill holes making up the Tranche 5 submission. The results are for holes drilled within the existing inferred and indicated Mineral Resource Estimate (MRE) at the Makuutu Central Zone, resource area I, and the evaluate Exploration Target C and E, that were excluded from the 2021 MRE due to limited drill hole density.
6 January 2022 – Thickest Intervals to Date at Makuutu, Assay Results Excel
Ionic Rare Earths announced the results of assays for Tranche Four (4) of the 8,220 metre Phase 4 drill program completed in October 2021 at the Makuutu Rare Earths Project in Uganda.
Drilling results to date confirm that Makuutu is a large scale, ionic adsorption clay (IAC) hosted rare earth element (REE) project, with extension potential identified east and to the northwest. The Project is well supported by existing infrastructure and is one of a few confirmed IAC deposits identified globally, outside of China. Drill assay results have been received for a further 75 drill holes making up the Tranche 4 submission.