Chilwa Minerals lists on ASX with plans to develop mineral sands and rare earths project in Malawi

Chilwa Minerals (ASX: CHW) managing director Cadell Buss joins Small Caps to discuss the company’s plans to fast track activities at its exciting Malawi heavy mineral sands and rare earth project.

The company recently raised $8 million through a popular IPO to undertake a two-year, $4.5 million exploration program at Lake Chilwa.

Approximately $7.4 million had been outlaid at Lake Chilwa by previous explorers providing the company with a heads-up on the best areas to target.

Its initial Lake Chilwa activities will include a 17,000-metre sonic drilling program to test those targets as it looks to delineate a high-grade, economic deposit.

Malawi is home to a number of recent world-class rare earth discoveries and is attracting increasing critical minerals investor interest.

Article:
https://smallcaps.com.au/chilwa-minerals-list-asx-lake-chilwa-heavy-mineral-sands-rare-earths-project/

For more information on Chilwa Minerals:
https://smallcaps.com.au/stocks/CHW/

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