A virgin rare earth prospect
Salambidwe REE Project
A virgin rare earth prospect acquired by Globe in 2010, Salambidwe represents a low-cost, high upside exploration opportunity in a region renowned for rare earth deposits.
The Salambidwe ring complex is located in southern Malawi, within the Chilwa Alkaline Province – the region also hosts Globe’s rare earth project at Machinga.
Following on from the 2010 maiden exploration program, results of which included a rock-chip recording 2.05% total rare earth oxide including 214ppm Dy2O3; in November 2011, the Company completed a crater wide 345 soil-pit and 78 auger sample program in conjunction with rock-chip sampling to confirm the results from the 2010 rock-chip and soil sampling program.
Current exploration activity is focussed on:
• Confirming the results from the 2011 rock chip and soil sampling program
• The relationship between the mineralisation and the geological setting of the crater
• Locating and quantifying further rare earth element (REE) enriched zones
Reconnaissance rock chip,soil and auger results.
Salambidwe regional exploration map.
View of Salambidwe. Feb 2012