Mkango Resources starts second stage of drilling at Songwe Hill project
Malawi focused rare-earth explorer Mkango Resources (CVE:MKA) has started a second stage of drilling at the Songwe Hill project.
This diamond drilling, which started on January 10, will complement the first stage of drilling completed last year, which showed that mineralised zones could extend to at least 260m vertical depth.
Today's statement also updated investors on activities.
The drilling will mainly concentrate on an area measuring around 350 metres by 100 metres consisting of rare earth lithologies, largely exposed at surface and open to depth, the company said.
The programme will feature infill drilling and testing mineralisation at depth, which was encountered in the first stage.
Mkango also said today that around five east-west bearing lines of surface channel sampling have been completed at Songwe and around 400 samples are being sent for assay.
A detailed mineralogical programme has also been completed by Mkango's principal geologist Dr Aoife Brady and the results are currently being reviewed.
Core sections from five holes from stage 1 drilling have been sent for scoping metallurgical test work and further samples from two targets near Songwe enriched with rare earth yttrium, and from other targets on the licence are being sent for assay.
Meanwhile, in the Thambani licence area, reconnaissance work completed to date has identified a number of areas containing several existing and partially worked occurrences of zircon, which have become the initial exploration focus.
There is also exploration potential for niobium, uranium, corundum and rare earths within the Thambani licence area, said Mkango.
Related news
- London Mining remains on track to hit 2012 production target at Marampa
- Ceres Power Holdings reports significant improvements of its fuel cell products
- Oxford Catalysts Group shares advance as it announces first start-up of FT reactor
- Mariana Resources kicks off drilling programme at Las Calandrias gold-silver project
- Orogen Gold begins Phase 1 drilling programme at Deli Jovan
- Magnolia Petroleum on track to hit 100 wells target by end-2012
- Mwana Africa sells 15pct stake in Freda Rebecca gold mine for $405k - UPDATE

