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Malawi REE Project

Malawi, Africa

  • GCU / Japan Oil, Gas and Metals National Corporation (JOGMEC) joint exploration agreement (33% / 67%) is directed towards identification of Rare Earth Element (REE) resources in Malawi, under wholly owned JV subsidiary, Spring Stone Limited, Malawi, Africa.

  • Exclusive Prospecting License granted to JV in Mulanje District of Malawi.

  • Mitsui Mineral Development Engineering Co., Ltd (MINDECO), in Japan, has been contracted as the operator of the program.

  • NI 43-101 Technical Report published (December 2011)