Aim- and TSX-V-listed Mkango Resources on Monday announced results for its final 21 drill holes, which are part of a 10 900 m drill programme, at the Songwe Hill rare earths project, in Malawi.
Nineteen of the 21 drill holes intersected significant zones of rare earths mineralisation grading above 1% total rare earth oxides (TREO).
Highlights from the results include 46.6 m grading 1.8% TREO at 51.6 m; 19.4 m grading 3% TREO at 144.4 m; 53.3 m grading 2.2% TREO at 57 m; and 26.8 m grading 3.1% TREO at 30.5 m.
The company said the main focus for 2019 would be to publish an updated mineral resource estimate, which is under way; to complete an environmental-, social- and health-impact assessment; and complete a feasibility study for Songwe Hill.