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Why has Ionic Rare Earths Expanded the Makuutu Project? — ASX:IXR| ASX Mining News & Discussion
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Lykeshares Official
$IXR Why has Ionic Rare Earths Expanded the Makuutu Project?
A Giant Leap in Rare Earth Exploration: IonicRE's Makuutu Project Expands

Ionic Rare Earths Limited (IonicRE) has significantly increased the exploration target of its Makuutu Heavy Rare Earths Project in Uganda by approximately 40%, following successful Rotary Air Blast (RAB) drilling on Exploration Licence 00257. This development not only augments Makuutu's position as a leading Ionic adsorption clay project outside China but also emphasizes its potential in contributing to diversifying global rare earth supply chains.

Expansion and Confidence

The recent drilling campaign across three licenses, including the maiden drilling on EL00257, resulted in a notable increase in the exploration target for Makuutu to 285 – 766 million tonnes at grades of 400 – 700 ppm TREO. This update comes on the back of 69 out of 76 RAB drill holes showing significant rare earth mineralization, underlining the project's robust potential.

Strategic Development

IonicRE's strategic move to increase its ownership to 94% in Rwenzori Rare Metals ...
Why has Ionic Rare Earths Expanded the Makuutu Project?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?