Lindian Resources Limited (AU:LIN) has released an update.
Lindian Resources Limited’s recent quarterly activities report highlights significant advancements at their Kangankunde Rare Earths Project in Malawi, with drilling results indicating high-grade rare earth mineralization and an expansion of potential mineralization strike length. The company’s Phase 3 infill drilling program produced promising results, which will contribute to upgrading their Mineral Resource Estimate and feed into an upcoming Feasibility Study. Additionally, the acquisition of a water permit has fully permitted the site for construction and operation.
For further insights into AU:LIN stock, check out TipRanks’ Stock Analysis page.
