Drilling Program: REE, Base & Precious Metals, Platinum Group & Other Minerals Report

Executive Summary

ZGC-LTD is conducting a comprehensive mineral exploration program in Malawi, targeting rare earth elements, base metals, precious metals, platinum group minerals (PGMs), and other industrial minerals. The company is utilizing drilling methods to assess the potential of various mineral deposits across the country. This report provides an overview of the exploration activities, highlighting the potential of Malawi's mineral resources and the regulatory framework governing the mining sector.


Geological Setting and Mineral Potential

Malawi is endowed with significant mineral resources, including:

- Rare Earth Elements (REEs): Deposits of REEs have been identified in several locations, including Phalombe, Ntcheu, Mulanje, and Chisi, Karonga, Rumphi, Mzimba and other Districts across Malawi.

- Base Metals: Copper, nickel, and other base metals have been found in areas such as Balaka, Kasungu, karonga, Chitipa, Mangochi and others .

- Precious Metals: Gold deposits have been identified in regions like Mzimba, Lilongwe, Karonga, Salima, Chitipa, Nkhatabay, Nsanje and other districts

- Platinum Group Minerals (PGMs): Potential for PGM deposits exists in various parts of the country.

- Industrial Minerals: Malawi has deposits of limestone, graphite, and other industrial minerals.

Drilling Program

The drilling program aims to:
- Define Resource Estimates: Quantify the mineral resources and reserves for each target commodity.
- Upgrade Resource Classification: Improve the confidence in the resource estimates through infill drilling and advanced geostatistical analysis.
- Identify New Targets: Discover new mineralized zones and expand existing ones.

Regulatory Framework
The mining sector in Malawi is governed by the Mines and Minerals Act (No. 25 of 2023), which regulates;
- Prospecting and Exploration: Licensing and permitting requirements for exploration activities.
- Mining: Regulations governing mining operations, including environmental and social impact assessments.
- Revenue Collection: Mineral royalty rates and revenue sharing arrangements.

Conclusion

ZGC-LTD's drilling program in Malawi has the potential to unlock significant value in the country's mineral resources. With a robust regulatory framework in place, the company is well-positioned to explore and develop these resources sustainably. Further exploration and drilling are necessary to fully realize the potential of Malawi's mineral wealth.

for more information
contact ZGC-LTD
email: zozodogemstone@gmail.com