Lindian Resources says Kangankunde is worlds largest REO deposit
–News Direct–
Lindian Resources Ltd (ASX:LIN, OTC:LINIF) CEO Alistair Stephens tells Proactive about a just-released exploration target for the Kangankunde Rare Earths Project which, together with the recently published mineral resource estimate, establishes the project as one of the worlds largest rare earths projects. The Exploration Target is between 400 million tonnes to 800 million tonnes, grading between 2.0% and 2.7% TREO. He says it firmly positions Lindian as a major player in the industry with an asset that is fully permitted, licensed for production and has very strong government and community support.
Executive Chairman Asimwe Kabunga commented: This Exploration Target is a defining event for Lindian and for Malawi. While our MRE is itself outstanding, the Exploration Target de...