Chilwa Minerals Ltd (AU:CHW) has released an update.
Chilwa Minerals Limited has completed a comprehensive aeromagnetics and radiometrics survey over its Lake Chilwa Project in southeast Malawi, with results expected in August. The data will be used to enhance drilling strategies for mineral sands and target rare earth mineralization within the region’s carbonatites and clay basins. The project has been showing promising results, with recent drilling indicating richer and more abundant deposits than previously estimated.
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