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Belgrade
23/06/2024
Mining News

Lindian Resources hits stride with Kangankunde rare earths project drill success

Lindian Resources has unveiled promising outcomes from its drilling activities at the Kangankunde rare earths project in Malawi. Significant drilling highlights include an impressive 119m section starting from the surface, boasting a 3.77% total rare earth oxides (TREO) grade.

The completion of the third-phase infill campaign aimed at elevating a substantial part of the inferred mineral resource to an indicated category. The Kangankunde project presently holds an inferred resource of 261 million tonnes at a grade of 2.19% TREO. Noteworthy assay results feature a 120m stretch with 3.66% TREO, an 80m section at 3.59%, and a 150m segment at 3.38%, all commencing from the surface.

Supported by

The company is set to release results from the remaining 10 holes, along with an updated mineral resource and feasibility study in the upcoming weeks. Lindian also reported positive findings from metallurgical testing, affirming achievable recoveries of 70% TREO.

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