Lindian Resources Limited

LIN

AU000000LIN6

Aluminum

Market Closed - Australian S.E. Other stock markets 02:10:23 2024-05-23 am EDT			5-day change	1st Jan Change
0.12 ^AUD	-4.00%		-4.00%	-17.24%

May. 03	Euroz Hartleys Adjusts Lindian Resources’ Price Target to AU$0.46 From AU$0.45, Keeps at Speculative Buy	MT
May. 02	Lindian Resources Updates Resource Estimate for Malawi Rare Earths Project; Shares Up 8%	MT

Lindian talks Ã¢€˜stunningÃ¢€™ results from first deep hole into Kangankunde

August 01, 2023 at 12:21 pm EDT

(via NewsDirect)

Lindian Resources Ltd (ASX:LIN, OTC:LINIF) CEO Alistair Stephens tells Proactive the first deep diamond drill hole in the company's phase two program at Kangankunde in Malawi has hit an "astonishing" 854 metres of mineralisation grading 2.73% total rare earth oxides (TREO), indicating that the high-grade rare earth mineralisation continues to depth.

Within this is an intersection of 554.6 metres at 2.52% TREO from 351 metres, demonstrating consistent mineralisation and high grades at considerable depths and over remarkably broad intercepts. Mineralisation was found from the beginning to the end of the drill hole and the western boundary of the mineralisation was extended 100 metres westward. These results will be included in the upcoming maiden mineral resource estimate, set to be released in the coming days.

“The assay results from this drill hole are stunning and confirm that Kangankunde’s minersalisation extends at least 850 metres vertically. The consistency of mineralisation is astonishing,” Stephens said.

“This assay interval is one of Lindian’s most material developments and undoubtedly establishes Kangankunde as one of the greatest, most significant and unique rare earths projects in the world, underpinned by excellent grade and uniquely non-radioactive.”

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

Latest news about Lindian Resources Limited

Euroz Hartleys Adjusts Lindian Resources’ Price Target to AU$0.46 From AU$0.45, Keeps at Speculative Buy	May. 03	MT
Lindian Resources Updates Resource Estimate for Malawi Rare Earths Project; Shares Up 8%	May. 01	MT
Lindian Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Mar. 12	CI
Euroz Hartleys Adjusts Lindian Resources’ Price Target to AU$0.45 From AU$0.85, Keeps at Speculative Buy	Mar. 08	MT
Lindian Resources Uncovers Rare Earths at Kangankunde Project	Mar. 07	MT
Lindian Resources Confirms High Recoveries, Concentrate Grades at Malawi Rare Earth Project	Mar. 05	MT
Lindian Resources Starts Trading on OTCQB Venture Market; Shares Up 4%	Feb. 28	MT
Lindian Resources Hits High-Grade Rare Earths Mineralization at Kangankunde Project in Malawi; Shares Decline 3%	Feb. 18	MT
Lindian Resources Identifies Rare Earths at Kangankunde Project	Feb. 01	MT
Lindian Resources Defines Exploration Target at Malawi Rare Earth project	23-10-05	MT
Lindian Resources Limited Publishes an Exploration Target for the Kangankunde Rare Earths Project	23-10-04	CI
Lindian Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-29	CI
Lindian Resources Enters Sale, Purchase Deal With Global Metals Trader; Shares Down 4%	23-09-25	MT
Lindian Resources Advances Development of Kangankunde Project	23-09-20	MT
Lindian Resources Intercepts More Mineralization in Kangankunde Project	23-09-19	MT
Lindian Resources Limited(ASX:LIN) added to S&P Global BMI Index	23-09-18	CI
Lindian Resources Limited Receives Assay Results from KGKDD009	23-09-17	CI
Australian Government Entity Confirms Non-Radioactivity of Lindian Resources’ Rare Earth Concentrates	23-09-07	MT
Lindian Resources Limited Signs Memorandum of Understanding with Compagnie Des Bauxites de Guinee for Gaoual Bauxite Project	23-09-03	CI
Lindian Resources Limited Announces Appointment of Mr. Park Zuliang Wei as A Non-Executive Director	23-09-03	CI
Lindian Resources Limited Announces Board Appointments	23-08-21	CI
Lindian Resources Establishes Maiden Resource of Kangankunde Project; Shares Slump 12%	23-08-03	MT
Lindian Resources Limited Reports Maiden Mineral Resource Estimate of 261 Million Tons At High Grade of 2.19% Treo	23-08-02	CI
Lindian Resources Completes AU$35 Million Placement; Shares Rise 3%	23-07-19	MT
Lindian Resources Uncovers Further Rare Earths at Kangankunde Project	23-07-18	MT

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Company Profile

Lindian Resources Limited is a mineral exploration company. The Companyâs principal focus includes the ongoing exploration and development of the Kangankunde Rare Earths Project. In addition, the Company is advancing its portfolio of bauxite projects in Guinea. The Kangankunde Rare Earths Project is located in central Malawi approximately 90 kilometers (km) north of the city of Blantyre in the southern part of the country. The Kangankunde Rare Earths Project is rich in Neodymium and Praseodymium. Its Gaoual Bauxite Project is in northwestern Guinea within the Boke Bauxite Belt. It is situated south of the township of Gaoual in the northern portion of the Kogon-Tomine interfluve, about 65 km northeast of Sangaredi. The Lelouma Project is located just 40km from its high grade Gaoual conglomerate bauxite project. The Woula Bauxite Project is located in North-Western Guinea, and is 10km from an existing haul road connecting to the bauxite export terminal in Katougouma.

Sector

Aluminum

Calendar

2024-09-26 - Q4 2024 Earnings Release (Projected)

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