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Lindian Resources Drilling Success Boosts Project Prospects

Lindian Resources Drilling Success Boosts Project Prospects

Lindian Resources Limited (AU:LIN) has released an update.

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Lindian Resources Limited’s recent quarterly activities report highlights significant advancements at their Kangankunde Rare Earths Project in Malawi, with drilling results indicating high-grade rare earth mineralization and an expansion of potential mineralization strike length. The company’s Phase 3 infill drilling program produced promising results, which will contribute to upgrading their Mineral Resource Estimate and feed into an upcoming Feasibility Study. Additionally, the acquisition of a water permit has fully permitted the site for construction and operation.

For further insights into AU:LIN stock, check out TipRanks’ Stock Analysis page.

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