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Alexandria07

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16/11/23

12:53

Post #: 70938271
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Originally posted by Kamikazebear ↑

bit of history for those who appreciate
little hidden gem in the below snippet who can find it ?

Kangankunde is located 35 km W of Liwonde and 75 km N of Blantyre, just east of the main Blantyre-Lilongwe road (Fig. 1). It is formed of a single large hill, with two small knolls to the north and the south. It predominantly comprises monazite-bearing magnesio- and ferro-carbonatites, mapped as arcuate lobes around the center of the hill (Fig. 1). These have been the subject of various exploration campaigns (e.g., Holt 1965; Dallas et al. 1987). Around the outside of the carbonatite are numerous pods of carbonatite-derived silicified rocks, termed quartz-druse rocks, of different varieties, including monazite-, florencite-, and apatite-rich examples (Garson and Campbell Smith 1965; Wall and Mariano 1996). Cross-cutting relationships and isotope analyses show that these rock types are derived from late stages of carbonatite activity (Garson and Campbell Smith 1965; Wall and Mariano 1996; Wall 2000).

Apatite-rich varieties of these silicified rocks are of particular interest for this study due to their similar habit to rocks from Tundulu. The rocks contain approximately 40% apatite, 40% quartz, and 20% Fe-oxides. On this basis, the rocks have been termed quartz-apatite rocks, using the British Geological Survey (BGS) rock classification scheme (Robertson 1999). Minor xenotime-(Y) mineralization has also been described overgrowing niobian rutile crystals (Wall and Mariano 1996), suggesting possible low tenor HREE enrichment.

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None of the other REE discoveries in Malawi match the Kangankunde project. That’s why it’s classified so highly.

Shareholders should be proud of the rapid progress in developing the site. Give it more time and the shareprice will soon reflect the value of the K project. Disappointing to see the shareprice so low at present.

Last edited by Alexandria07: 16/11/23

LIN Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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