It is not all about digging up earth for mining companies as Mkango Resources Ltd (CVE:MKA, LON:MKA) proved in a new video on its web site.
The film features a number of activities sponsored by Mkango under its numerous corporate social responsibility programmes at its Songwe project in Phalombe, in Malawi.
Recent activities include the construction of a new bridge linking a number of communities together; classroom painting in collaboration with its local partner boNGO Worldwide, community netball and football competitions and refurbishment of water boreholes.
"One of Mkango's core principles is to ensure that there will be poverty reduction, improved education and empowerment of previously disadvantaged groups within the communities that we work in. Therefore, it is important for us to implement meaningful, sustainable and successful social responsibility programmes commensurate with the stage of exploration and development, " said Alexander Lemon, president of Mkango.
Meanwhile, investors who are awaiting further news on the recent acquisition of airborne data that covers the majority of its Phalombe and Thambani licences in Malawi were informed that the company is currently analysing the data and will update the market in due course.
The main targets in the Thambani licence are uranium, niobium and tantalum, whereas rare earths are the major area of focus in the Phalombe licence.
The analysis incorporates historical datasets and geological information generated by Mkango and from historical exploration.
This regional generative and follow- up work complements Mkango's focus on its flagship project, the advanced stage Songwe Hill rare earths project for which a pre-feasibility study was completed in November 2015.