IMX Resources discovers new malachite mineralisation at Nachingwea JV in Tanzania
IMX looks to have made an interesting discovery at its Nachingwea project, adding malachite to its arsenal.
Company
OTCMKTS:IXRRF
Ionic Rare Earths Ltd (ASX:IXR) is focused on developing its flagship Makuutu Rare Earths Project in Uganda into a significant, long life, high margin, supplier of high-value magnet and heavy rare earths oxides (REO).
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IMX looks to have made an interesting discovery at its Nachingwea project, adding malachite to its arsenal.
The significant increase in resources in the Ntaka area of the Nachingwea copper-nickel joint venture could be just the start, as the Sleeping Giant area remains open in all directions. A Scoping Study on production options will now kick of