https://www.miningweekly.com

Mkango renews Thambani uranium licences for five years

11th November 2021

By: Tasneem Bulbulia

Deputy Editor Online

     

Font size: - +

The Malawian government has renewed Mkango Resources’ Thambani uranium, tantalum and niobium exploration licence and issued four retention licences RTL0015/16/17/18/21 granted for five years from October 20, 2021 to October 19, 2026, covering a total of 98.4 km2.  

With the recent significant increase in international uranium prices, Mkango says it is reviewing strategic exploration and development options, including opportunities for joint ventures and other potential avenues to create further project value.

The Thambani retention licences are located in the southern region of Malawi, within the Mwanza district in the northern part of the licence and the Chikwawa district in the south.

There is potential for uranium/tantalum/niobium mineralisation along a strike length of more than 3 km.

Assay results from 128 rock samples collected during the 2019/20 exploration programme returned uranium, tantalum and niobium values ranging up to 0.74% uranium oxide, 0.41% tantalum pentoxide and 3.24% niobium pentoxide.

Uranium and associated tantalum/niobium mineralisation occurs in nepheline syenite gneiss and associated veins.

Mkango is targeting potential shallow drill targets on the down-dip extension of surface prospects.

The property also has zircon, columbite and corundum exploration potential.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

EKATO Africa
EKATO Africa

Established in 1933, EKATO is the world leader in agitation technology, supplying agitators for processes and applications such as chemicals and...

VISIT SHOWROOM 
Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.043 0.685s - 111pq - 2rq
Subscribe Now