tiprankstipranks
Chilwa Minerals Launches Diamond Drilling Campaign
Company Announcements

Chilwa Minerals Launches Diamond Drilling Campaign

Chilwa Minerals Ltd (AU:CHW) has released an update.

Don't Miss our Black Friday Offers:

Chilwa Minerals Ltd gears up for an ambitious diamond drilling program at the Mposa East anomaly in Malawi, targeting rare earth elements (REE) and Niobium within the clay and bedrock layers. With a vertical reach of 250 meters, the company expects to begin receiving assay results in 6-8 weeks. This initiative marks a significant step in Chilwa’s strategy to establish a multi-commodity project, with cost savings achieved by using a drilling rig from a major shareholder.

For further insights into AU:CHW stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App