Thambani Licence
A systematic ground radiometric survey completed previously by Mkango revealed two distinct uranium anomalies occurring across the Thambani East and West Ridges: A strong uranium anomaly, measuring approximately 3 kilometres ("km") by 1.5 km, occurs along the length of the Thambani East ridge, with a north-south trend, and a second uranium anomaly, measuring approximately 1.5 km by 0.4 km, occurring on the West Ridge.
In January 2015, Mkango announced the first set of assay results of 142 soil and rock chip samples from 9 trenches, which returned variably anomalous uranium, niobium and tantalum values in most trenches, ranging up to 4.70 % U3O8, 3.25 % Nb2O5 in soil and up to 0.42 % U3O8, 0.78 % Nb2O5 and 972 ppm Ta2O5 in rock chips.
Current Activities
Following closing of Mkango’s C$1.1m private placement on 20 October 2015, metallurgical flow sheet optimization of the Songwe Hill rare earth project is underway with initial focus on the flotation step.
Mkango has identified a number of areas within the flow sheet where there is potential to increase recoveries and reduce operating costs and this will be a major area of focus going forward, with the additional objectives of producing samples of concentrate for potential off-takers and preparing the project for pilot testing.
