Chilwa Minerals Ltd (AU:CHW) has released an update.
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Chilwa Minerals Ltd has completed its sonic drilling program at the Mposa site, revealing promising assay results that surpass previous estimates. The company plans to advance to a Scoping Study in 2025, supported by strong mineralization and a robust ESG program, with intentions to further explore and develop its prospects in southern Malawi. Aiming to bolster its mineral sands operation, Chilwa has received governmental support and is set to continue drilling and resource estimation in the coming year.
For further insights into AU:CHW stock, check out TipRanks’ Stock Analysis page.
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