re: Ann: GBE: High Grade HREO Mineralisation ... I knew Machinga would produce the goods if only we had a REE Expert on the RSL board we might have developed it ourselves.
20% is better than nothing with no further major expenditure on the Machinga lease for RSL.
Ilomba Hill will go to GBE 80% as well?
"At Ilomba Hill, in the far north-west of Malawi, niobium and uranium occurrences have been recorded in historical and academic work on an alkali syenite ring complex intruded into basement gneisses. Individual rock samples taken in the late 1950s returned analyses up to 7.5% Nb2O5.
The project has geological similarities to the Machinga Project and will be explored in a similar, systematic way. The area was not covered by the regional airborne geophysical program in the 1980s."
Congrats to GBE...
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