For thousands of other reports visit RSC's Mineral Intellingence Map
Mkango Resources Ltd.
Summary
| Project: | Songwe Hill | |
|---|---|---|
| Deposit: | Songwe Hill | |
| Location: | Malawi | |
| Commodities: | Rare Earth | |
| Date: | 8/21/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 21-8-2018: Mkango Resources Ltd. announces an Exploration/Drilling Update report for its Songwe Hill deposit at the Songwe Hill project. Drilling results incl. 147.2m @ 1.6% TREO from 5.3m. London / Calgary: August 21, 2018 - Mkango Resources Ltd. (AIM / | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Scott Swinden (Swinden Geoscience Consultants Ltd.) | |
| ABSTRACT: | London / Calgary: August 21, 2018 - Mkango Resources Ltd. (AIM / TSXV: MKA) (the "Company" or "Mkango") is pleased to announce results for the first eight holes totaling 944 metres of its targeted 10,000 metre diamond drilling programme at the Songwe Hill Rare Earths Project ("Songwe") in Malawi. The drilling programme is a key component of the ongoing Feasibility Study for Songwe. Highlights from the new results are as follows: William Dawes, Chief Executive Officer, commented: "These are an excellent first set of results from the current programme and we look forward to announcing results from the remaining approximately 75 drill holes as they become available. The drill programme and planned resource update are fully funded following investments by Talaxis Limited totalling £6 million in January 2018. Talaxis will invest a further £7 million to fund completion of the Feasibility Study for Songwe on Mkango publishing a NI 43-101 technical report in relation to the resource update." | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report