Fortuna Metals Unveils Major Rutile-Graphite Discovery at Mkanda, Malawi
Fortuna Metals Limited (ASX: FUN) has released its first Mineral Resource Estimate for the Mkanda Project in Malawi, revealing 298 million tonnes grading 0.87% rutile and 1.19% total graphitic carbon at a 0.7% cut-off. A higher-grade section totals 159 million tonnes at 0.98% rutile and 1.11% graphite. This positions Mkanda among the six largest rutile deposits worldwide, based on comparable industry projects. The mineralisation sits close to surface within soft, easily mined weathered ground, averaging just 8.4 metres deep from hand-auger drilling. Deeper aircore drilling is now underway to explore extensions, with new results expected later in 2026. Encouraging intercepts at the Kahuna zone, including 10 metres at 1.43% rutile, are yet to be folded into the estimate. Laboratory work has confirmed a high-purity 96.6% titanium dioxide product, while the company continues assessing possible zircon and monazite by-products alongside ongoing pilot-scale and marketing studies.
Customer Notice:
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.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Fortuna Metals Unveils Major Rutile-Graphite Discovery at Mkanda, Malawi
Fortuna Metals Limited (ASX: FUN) has released its first Mineral Resource Estimate for the Mkanda Project in Malawi, revealing 298 million tonnes grading 0.87% rutile and 1.19% total graphitic carbon at a 0.7% cut-off. A higher-grade section totals 159 million tonnes at 0.98% rutile and 1.11% graphite. This positions Mkanda among the six largest rutile deposits worldwide, based on comparable industry projects. The mineralisation sits close to surface within soft, easily mined weathered ground, averaging just 8.4 metres deep from hand-auger drilling. Deeper aircore drilling is now underway to explore extensions, with new results expected later in 2026. Encouraging intercepts at the Kahuna zone, including 10 metres at 1.43% rutile, are yet to be folded into the estimate. Laboratory work has confirmed a high-purity 96.6% titanium dioxide product, while the company continues assessing possible zircon and monazite by-products alongside ongoing pilot-scale and marketing studies.
Customer Notice:
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.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au