Chilwa Minerals Unveils Potential REE Sites

Chilwa Minerals Ltd (AU:CHW) has released an update.

Chilwa Minerals Ltd has identified 47 potential carbonatite targets at the Lake Chilwa Project in southeast Malawi, which may be indicative of rare earth elements and niobium deposits. This discovery underscores the region’s prospectivity and enhances the project’s status as a multi-commodity asset. The company’s confidence in the project has been bolstered by geophysical surveys and early drilling results, setting the stage for a positive news flow in the coming months.

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