Chilwa Minerals Limited (ASX: CHW) unveiled the findings of a comprehensive mineralogy study at the Chilwa Project in southeast Malawi. The study meticulously examined 46 samples from the Mposa deposit, currently the focal point of its sonic drilling program. Before the ongoing sonic drilling, the Mposa Main deposit boasted a Mineral Resource estimate of 19.4Mt at 4.3% Total Heavy Minerals, including 3.2% Ilmenite and 0.4% Zircon, based on air-core drilling with recoveries of less than 70%. However, its current sonic drill program consistently delivers 95-98% sample recoveries, with THM grades from recent assays consistently surpassing the previous air-core results.
The mineralogy study unequivocally validates the substantial presence of Ilmenite, zircon, and monazite at the Chilwa Project and the exciting discovery of rutile. The analysis of 46 concentrate samples yielded impressive results, with concentrations ranging from 4-54% ilmenite, 4-50% Pseudo rutile, 1-10% Rutile, and 2-12% Zircon.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.