Walkabout takes the leap at Lindi
PERTH (miningweekly.com) – Minerals explorer Walkabout Resources has signed a memorandum of understanding (MoU) over the Lindi jumbo graphite project, in Tanzania.
Walkabout in November last year agreed to exercise its option over the Lindi graphite project for the staged purchase of a 70% interest in the four prospecting licences making up the project, and covering some 325 km2.
One of the licences was contiguous to the Nachu graphite project being developed by fellow-listed Magnis Resources, and Walkabout noted that preliminary reconnaissance work by the company had revealed substantial outcropping graphite at the Lindi mine site, and initial testwork had indicated a similar graphite flake size to the Nachu project.
“In spite of the large number of graphite projects under exploration around the world, products in the jumbo category are expected to remain in strong demand through to 2020, and we intend to expedite our programme as quickly as possible to take advantage of this opportunity,” said Walkabout MD Allan Mulligan.
The company would fast-track exploration and metallurgical testwork at Lindi in order to define a suitable inferred resource.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation