Kula acquires new Wozi Niobium Project in Malawi
Kula Gold Limited announces it has formed a joint venture that has applied for an exploration licence in Malawi, known as the Wozi Niobium Project, and that the Malawi Government’s Mining and Minerals Regulatory Authority (“MMRA”) has recommended the grant, subject to completion of an environmental study. Details of the joint venture are set out below.The Wozi Niobium Project hosts Niobium and Tantalum mineralisation from surface contained in the mineral pyrochlore within a nepheline syenite intrusive stock. Nepheline syenites are highly prospective targets for peralkaline intrusive-related niobium and tantalum mineralisation.HIGHLIGHTSNew Wozi Niobium Project in Malawi [...]