Excellent News...It looks like RSL is sitting on another Machinga style REE deposit at Ilomba Hill in Malawi.
From today's ann
New, well-defined radiometric targets have been generated by the initial interpretation of a recently-completed aeromagnetic and multi-spectral radiometric survey conducted over Resource Stars 90%-owned Ilomba Hill tenement.
Key Results:
* Modern, systematic geophysical dataset acquired over multi-metal alkali intrusive
*Historical anomalism located within a major uranium/thorium feature, new satellite targets identified:
*Strong radiometric target defined over a 1-1.5km strike length at Ilomba Hill
*Additional satellite targets associated with cross-cutting features
Work Planned:
*Reconnaissance mapping and systematic soil sampling
*Application made to acquire additional nearby prospective geology
detail:
"The Ilomba Hill Project is a key part of Resource Star?s existing uranium and uranium-related specialty metals portfolio in East Africa and Australia and demonstrates similarities to RSL?s Machinga JV Nb-REE project."
"Ilomba Hill Project
In conjunction with a Malawian private company, Nyalihanga Enterprises Ltd, Resource Star Ltd has commenced exploration of the Ilomba Hill Uranium-Niobium Project. Resource Star is managing the Project and holds 90% equity.
The tenement covers the majority of a nepheline syenite, which is an alkali intrusive body that is part of a suite of similar systems that are known to host niobium, tantalum, uranium and rare earth mineralisation in Malawi.
An application has been made to extend the exploration tenement to cover the whole of the nepheline syenite."
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