Chilwa Minerals Reports High-Grade Mineral Sand Intersections at Mpyupyu Dunes

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

Chilwa Minerals Limited announced significant high-grade mineral sand intersections from its sonic drilling program at the Mpyupyu Dunes, part of the larger Mpyupyu deposit in Malawi. The initial assays revealed promising results, with high total heavy mineral (THM) grades, indicating substantial potential for resource upgrades. The company is progressing with a scoping study and expects to report new resource estimates soon, which could enhance its industry positioning and offer promising implications for stakeholders.

More about Chilwa Minerals Ltd

Chilwa Minerals Limited is a company operating in the heavy mineral sands industry, focusing on the exploration and development of mineral deposits. The company is involved in the Chilwa Critical Minerals Project in southern Malawi, which comprises eleven heavy mineral sands deposits, including the Mpyupyu Dunes.

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Technical Sentiment Signal: Buy

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