Mkango Renews Thambani License; Updates on Uranium Exploration

Resource Investing News

Mkango Resources Ltd. (TSXV:MKA) has been granted a two-year renewal of its Exclusive Prospecting License from the Government of Malawi for the Thambani project in southeast Malawi. Mkango has undertaken an extensive regional work program within the 486 square kilometre (“km2”) Thambani License, primarily focused on anomalous uranium targets across the Thambani Massif, which dominates the northeastern part of the license.

Mkango Resources Ltd. (TSXV:MKA) has been granted a two-year renewal of its Exclusive Prospecting License from the Government of Malawi  for the Thambani project in southeast Malawi. Mkango has undertaken an extensive regional work program within the 486 square kilometre (“km2″) Thambani License, primarily focused on anomalous uranium targets across the Thambani Massif, which dominates the northeastern part of the license.

According the company’s press release:

The exploration activities to date have included acquisition of Landsat7 and ASTER satellite imagery for the license area, systematic ground radiometric surveys to confirm and detail previously-known airborne anomalies, reconnaissance geological mapping and litho-geochemical sampling programs. The work has identified a number of potential uranium targets over the Thambani Massif, which is mainly composed of nepheline syenite gneiss, forming two prominent ridges known as Thambani East Ridge and West Ridge. Historical airborne radiometric surveys and ground radiometric survey programs carried out by Mkango have revealed two distinct uranium anomalies occurring along the two ridges: A strong uranium anomaly, measuring approximately 3 kilometre (“km”) by 1.5 km, occurs along the length of the Thambani East ridge with a north-south trend and a second uranium anomaly, measuring approximately 1.5 km by 0.4 km occurs on the West Ridge along the western contact of the nepheline syenite body with the eastern biotite-hornblende gneisses.

Click here to view the full press release. 

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