Lindian Resources (ASX:LIN) has received the first two batches of assays from the Phase 1 drilling program at the Kangankunde Rare Earths project in Malawi.
Lindian Resources says the holes demonstrate outstanding grades of up to 11.8% TREO, showing continuous rare earths mineralisation over the entire length of holes from surface.
Lindian’s CEO, Alistair Stephens says the results are absolutely outstanding in terms of grade, distribution and continuity:
“And with a steady stream of assays to follow, we are confident of delivering more of the same and building the case that in 2023, Kangankunde will rapidly emerge as a standout, globally significant rare earths project.”