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Rift Valley Resources raising capital to drill Longonjo Magnet Metals Project

Longonjo contains a large new discovery of neodymium praseodymium (NdPr).
Rift Valley Resources raising capital to drill Longonjo Magnet Metals Project
Longonjo is located in Angola

Rift Valley Resources Ltd (ASX:RVY) remains focussed on its Longonjo Magnet Metals Project in Angola, and is embarking on a 9,000-metre drilling program.

WATCH: Rift Valley Resources tapping into growing electric vehicle magnet market

To progress the next steps, Rift Valley is heading to market with a capital raising, and the ASX has granted a trading halt to prepare.

The halt will remain in place until the opening of trade on Monday 2 July 2018, or earlier if an announcement is made to the market.

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Rift Valley Resources Ltd Timeline

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