Project Overview

100% owner of 3 highly prospective Heavy Rare Earths & Critical Metals Projects in Southern Malawi, a proven region for hosting economic REE deposits:

Machinga – HREEs & Nb

Salambidwe – REEs & Nb

Ngala Hill – Pd-rich PGEs, Cu & Ni

Includes near surface high-grade historical drilling and workings

Significantly under explored – potential to define new mineralised zones

Initial exploration to focus on significant historical REE drill results

Walk-up Drill ready targets – up to 5,000m of initial drilling (DD&RC) planned to commence at Machinga Main Zone

Experienced management and in-country team

~40km east of Lindian’s (ASX:LIN) Kangankunde Project

Attractive & Stable Mining Jurisdiction hosting major REE/critical metal deposits, including:

 

Lindian Resources
(ASX:LIN)
Kangankunde” is a rare earths project of potential global significance with the carbonatite hosting outstanding high-grade intercepts showing continuous rare earths mineralisation over the entire length of holes from surface. 10 bagger share price increase in 12-months!
Globe Metals
(ASX:GBE)
Kanyika” JORC 2012 Combined Mineral Resource of 68.3Mt Nb2O5 (ppm) positioned to be the first niobium mine in Africa
Mkango Resources
(TSX/AIM:MKA)
Songwe Hill” carbonatite-hosted total Measured and Indicated JORC 2012 Resource of 21Mt at 1.41% TREO
Sovereign Metals
(ASX:LSVM)
Kasiya” is the world’s largest natural rutile deposit JORC 2012 Indicated Mineral Resource of 1.8Bt at 1% rutile and 1.5% graphite