Audio update on Mkango Resources’ Malawi rare earths project
Alex Lemon, President of Mkango Resources discusses progress on the company’s rare earths project in Phalombe, Malawi, and answers shareholders’ questions.
Mkango completed two successful drilling programmes at Songwe in 2011 and 2012, totalling approximately 6,850 metres and culminating in a maiden Mineral Resource Estimate. Mkango is targeting completion of an updated Mineral Resource Estimate by the end of 2018.
On Mkango publishing an NI 43-101 technical report in relation to the updated Mineral Resource Estimate, Talaxis will invest a further £7 million to fund completion of the Feasibility Study for Songwe.
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