(NewsDirect)
Lindian ResourcesLtd (ASX:LIN) CEO Alistair Stephens joins Jonathan Jackson in theProactive studio to talk us through a new high-grade rare earthelements (REE) find at the Kangankunde Project in Malawi. The companyidentified high-grade carbonatite REE outcrops north and south of theKangankunde resource following geological mapping and rock chipsampling. The peak assays from North Knoll included 7.15%, 5.15% and4.69% total rare earth oxides (TREO). Stephens also discusses thecompany’s focus on advancing the stage-1 mine development andprocessing plant. Investors can expect plenty of newsflow in thecoming months.
Stephens said: “These results are highly encouraging andclearly demonstrate the capability to extend mineralisation north andsouth of Kangankunde and that the mineralised system across ourproject is much broader and much deeper than currently defined byKangankunde’s Central Carbonatite.
"As such, more extensive exploration includinglow-cost drilling of the North and South Knoll is eventuallywarranted.”
ContactDetails
Proactive Investors
JonathanJackson
+61 413 713 744
jonathan@proactiveinvestors.com
Copyright (c) 2024 TheNewswire - All rights reserved.