ASX-listed exploration company, Oropa has been granted a third minerals prospecting licence in Chizani, in central Malawi, which covers an area of 1 283-km, the company said on Wednesday.
The licence, granted by the Malawian Minister of Energy, Mines and Resources, gave Oropa Exploration rights to explore for uranium, copper, gold, silver, niobium, rare earths, tantalum, scheelite and wolframite, and increased the company's total ground position in Malawi to over 3 600-km2.
"The proximity of the Chizani project to the nearby Kanyika project, owned by Globe, provides Oropa with a nearby uranium, niobium, tantalum deposit model to apply to exploration search parameters within the Chizani area," the company said in a statement.
Oropa is currently reviewing existing data and plans to acquire satellite imagery covering areas of interest, with a view to establish a data base for the preparation of ground investigations.
The explorer has established a base in the capital, Lilongwe, and plans to begin field operations at the end of the wet season, in March.
Other than prospects in Malawi, the company has interests in Indonesia, India, and Western Australia.
Thursday, 24 January 2008
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