Chilwa Minerals Ltd ( (AU:CHW) ) just unveiled an announcement.
Chilwa Minerals Limited has announced the completion of sonic drilling at the Mposa deposit, part of its Chilwa Critical Minerals Project in Malawi. The final assays from the drilling indicate higher sample recoveries and THM grades, allowing for a more accurate mineral resource estimate. This update will facilitate mining feasibility studies and potentially enhance the company’s market position in the mineral sands industry. The company is also advancing its mining license application and development agreement following discussions at the Malawi Mining Investment Forum.
More about Chilwa Minerals Ltd
Chilwa Minerals Limited operates in the heavy mineral sands industry, focusing on exploration and development of mineral sands and rare earth elements. The company is engaged in the Chilwa Critical Minerals Project in southern Malawi, which includes eleven deposits, with Mposa being a significant one.
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