Chilwa Minerals Ltd (AU:CHW) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Chilwa Minerals Ltd has initiated ground truthing for 47 rare earth element (REE) targets at its Lake Chilwa Project, following promising results from aeromagnetic and radiometric surveys. The company is focusing on several high-priority targets for potential REE mineralization, and soil samples will be sent to Ireland for further analysis. Expert Russell Birrell has been appointed to assist with the soil geochemistry analysis, as part of Chilwa’s strategy to explore both mineral sands and rare earth elements.
For further insights into AU:CHW stock, check out TipRanks’ Stock Analysis page.