Salambidwe

Project Overview

Granted EL, Area: 24.9km2

The Salambidwe Project is also located within the Chilwa Alkaline Province of southern Malawi, straddling the Mozambique border. The rocks of the Project area are characterised by the Salambidwe Ring Complex which comprises suite dominate by syenites and nepheline-syenites with a core of agglomeratic rocks. The Salambidwe Ring Complex forms part of the Chilwa Alkaline Suite which also hosts notable deposits such as the Kangankunde, Songwe and Tundulu carbonate deposits.

The Riebeckite Syenite units are associated with high radiometric values indicative of elevated levels of thorium and uranium, which are generally associated with REE mineral occurrences in similar geological settings elsewhere.

HIGHLIGHTS

• The complex is approximately six kilometres in diameter (approximately 85% occurs within the licence) and is dominated by syenite and nepheline syenite with a core of agglomeratic rocks
• DY6 has completed the initial geochemical and geophysical exploration programs at the Salambidwe REE project.
• A total of 514 soil and rock chip samples were collected over a 50km grid from outcrops across the licence area was completed.
• An airborne geophysical program consisting of 45-line kilometres of electromagnetic plus radiometric surveying to map the magnetic and conductive properties of the geology of Salambidwe was completed.
• Assay results have been received for the grid-based soil and rock chip sampling and expand the known area of anomalous responses.
• Maximum values from separate rock chip samples were 1.21% TREO & 0.12% Nb2O5
• The 45-line kilometre airborne geophysical program confirmed the highly concentric nature of the intrusive complex.
• DY6 is assessing the combined geochemical and geophysical data to refine targets prior to a maiden drill program.