Mkango Resources Ltd. (TSXV:MKA) announced that the Government of Malawi has approved an extended two-year renewal for its Exclusive Exploration Licence in southeast Malawi. The Phalombe Licence grants the company exclusive licence to proceed with prospective operations for rare earth elements including tantalum.
As quoted in the press release:
Since commencement of trading on January 5th, 2011, Mkango has undertaken an extensive work program in relation to the Songwe Hill project, including two phases of diamond drilling totaling 6,850 metres, and ongoing scoping metallurgical test work.
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