Announcement Date: 2023-03-09
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Lindian Resources Ltd.
Project name: Kangankunde
Location: Malawi
Commodities: Rare Earth
Highlight: Drilling results incl. 167m at 2.85% REfrom surface
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Lindian Resources Limited (ASX:LIN) (“Lindian” or “the Company”) is pleased to advise of the receipt further assays from the Phase 1 drilling program at the Kangankunde Rare Earths Project in Malawi. The assays reported below are from fourteen (14) additional reverse circulation (RC) drill holes (being holes KGKRC015 to KGKRC031 inclusive, excepting holes KGKRC017, KGKRC018 and KGKRC026, which remain in the laboratory undergoing analysis. The assays reported include results from one core drill hole (DD), hole KGKDD002. All holes have extensive intersections of mineralisation which are non-radioactive and having significant percentages of critical Rare Earths metal elements neodymium and praseodymium (NdPr). The Company also confirms that metallurgical test work is underway in Perth Australia on a 1 tonne sample with preliminary results anticipated in the near term.
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