Lindian reports positive results at Kangankunde rare earths project in Malawi
Lindian Resources has announced positive results from a new deep drill at Kangankunde rare earths project in Malawi.
The firm drilled a second hole at the project and intercepted 1,000 metres of mineralisation grading 2.6% total rare earth oxides (TREO). These results highlight the significant potential of the Kangankunde mineralized carbonatite system, which remains open in all directions, including depth.
Kangankunde is a fully permitted mining project, and the Malawi government is actively promoting mining as a key sector for economic diversification and development. The stable jurisdiction of Malawi is attractive to miners and investors, particularly as there is a growing interest in reducing dependence on China for rare earth minerals, which are essential for low-carbon technologies, electric vehicle (EV) developments, and green energy.
Kangankunde rare earths project
The project is strategically located near Lake Malawi and the city of Blantyre, Malawi’s main economic center. Additionally, it has easy access to transportation infrastructure, including highways, rail lines, and high-voltage transmission lines.
The latest drill hole, KGKDD009, reached a depth of over 1,000 meters below the surface and 700 meters below the current mineral resource estimate depth limit. Lindian’s Executive Chairman, Asimwe Kabunga, emphasized the project’s growing scale and the increasing interest from potential off-take partners for their planned Stage 1 operation. The company is also focused on mine development works and plans to provide updates on their progress soon. While some follow-up exploration is warranted, the immediate focus is on infill drilling to support the first stage of mine development.
Lindian’s Chief Executive Officer, Alistair Stephens, highlighted the positive characteristics of Kangankunde, including high-grade mineralization, a favorable NdPr (neodymium and praseodymium) ratio, and non-radioactive concentrate suitable for transportation. The results from the second deep drill hole indicate very high-grade mineralization at depth, further enhancing the project’s potential scale and mineral quality. These results will be integrated into the planned Exploration Target for Kangankunde
