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Monday, February 4, 2019

Mkango Reports 60% Increase In Total Resources To... | Morningstar

Mkango Reports 60% Increase In Total Resources To... | Morningstar: LONDON (Alliance News) - Mkango Resources Ltd on Monday reported a 60% increase in its total resources to 21 million tonnes. Furthermore, the company said it achieved all the key objectives of its 2018 drilling programme, with the updated resource underpinning the ongoing feasibility study. At the company's Songwe Hill rare earths project in Malawi, approximately 95% of the measured and indicated mineral resource blocks are less than 160 metres below the surface, indicating that the majority will be accessible by open pit mining.

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