Mkango Resources has said it has identified new zones of uranium, tantalum and niobium at the Thambani Project in Mwanza.<\/p>\n
London-based Alliance News <\/em>quotes Mkango President Alexander Lemon as saying that a total of 35 samples had graded above 550 parts per million of uranium and 24 above 1,000 parts per million.<\/p>\n \u201cThe assay results gathered from 85 rock samples returned high-grade values of uranium, tantalum and niobium, with values ranging up to 3.3 percent triuraniumoctoxide, a compound of uranium, 1.9 percent tantalum pentoxide and 6.0 percent niobium pentoxide.<\/p>\n \u201cThe main objective of the recent sampling was to confirm previously identified high-grade mineralisation at the Little Ngona target and to ground-truth new geophysical targets and complete further sampling along the East and West Ridges,\u201d he said.<\/p>\n He further said the results support Thambani\u2019s exploration potential.<\/p>\n \u201cNot only are the uranium results highly encouraging, but the equally positive tantalum and niobium results support that Thambani has significant multi-commodity potential,\u201d he said.<\/p>\n Statistics indicate that shares in Mkango Resources were up 4.3 percent at $3.26 as of last Wednesday.<\/p>\n Mkango holds, through its wholly owned subsidiary Lancaster Exploration Limited, a 100 percent interest in two exclusive prospecting licenses in the Southern Region and other mineral opportunities in Malawi.<\/p>\n Mkango\u2019s primary business is the exploration of rare earth elements and associated minerals in Malawi and its main exploration target is the Songwe Hill rare earth deposit in Phalombe.<\/p>\n","protected":false},"excerpt":{"rendered":" Mkango Resources has said it has identified new zones of uranium, tantalum and niobium at the Thambani Project in Mwanza. London-based Alliance News quotes Mkango President Alexander Lemon as saying that a total of 35 samples had graded above 550 parts per million of uranium and 24 above 1,000 parts per million. \u201cThe assay results […]<\/p>\n","protected":false},"author":3,"featured_media":47556,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-47551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/47551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/comments?post=47551"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/47551\/revisions"}],"predecessor-version":[{"id":47557,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/47551\/revisions\/47557"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/47556"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=47551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=47551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=47551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}