Ionic Rare Earths starts phase four at Makuutu Rare Earths Project
2021-07-06 13:58:06 [Print]
Australia's Ionic Rare Earths has progressed its stage four drilling program at the Makuutu Rare Earths Project in Uganda. Makuutu is one of the world's largest-scale ionic adsorption clay hosted rare earth element deposits, located east of Kampala in Uganda.
Earlier this year, Ionic recorded a mineral resource estimate for Makuutu at 315 million tonnes at 650 parts per million total rare earth oxide. Following this, the company commenced the phase four drilling program, which to date has completed 55 drill holes.
The aim of the drilling program is to covert the inferred resources on Retention Licence 1693 to indicated and measured resource category.
Earlier this year, Ionic recorded a mineral resource estimate for Makuutu at 315 million tonnes at 650 parts per million total rare earth oxide. Following this, the company commenced the phase four drilling program, which to date has completed 55 drill holes.
The aim of the drilling program is to covert the inferred resources on Retention Licence 1693 to indicated and measured resource category.
