Chintheche
The Chintheche Exclusive Prospecting Licence was granted to Red Rock Resources in June 2007 by the Government of Malawi.
The application to transfer the licence to Retail Star Limited was approved by the Malawi Government in February 2008.
The Chintheche property covers some 210.9 km2 sq km and is situated immediately to the west of Lake Malawi about 240km north of the capital of Lilongwe. The 1987 report, “Interpretation of Airborne Geophysical Survey Results” by Paterson, Grant & Watson for the United Nations Development Programme, highlighted significant uranium anomalies for investigation. Subsequent review by Retail Star Limited confirmed that the anomalies are over both Basement Complex rocks and over younger clastic sediments that sit above and marginal to them. The younger sediments are prospective for roll front-style uranium mineralisation and the basement rocks for vein-style uranium-niobium-tantalum-rare earth mineralisation. Peak airborne radiometric anomalies are in the order of four times higher than background readings within the main target zone in the north east of the tenement.