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Exploration|PROJECT|Resources
Exploration|PROJECT|Resources
exploration|project|resources

Mkango files technical report for Songwe Hill

22nd March 2019

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

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Malawi-focused Mkango Resources has filed a National Instrument 43-101-compliant technical report for the Songwe Hill rare earths project resource update announced on February 4.

With the filing of the technical report, Mkango has fulfilled the condition for Talaxis to advance the next £7-million tranche of investment, in accordance with the definitive agreements signed by the parties in 2018.

The investment will increase Talaxis’ stake in Lancaster Exploration, the company which holds the licence for Songwe, to 49%.

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Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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