Mr. Eric Allard reports
TANTALEX LITHIUM RESOURCES CONFIRMS AVERAGE 0,946% LI2O GRADE FROM THE FINAL 115 DRILLHOLES ON MANONO TAILINGS K DUMP
The final assay results received from Tantalex Lithium Resources Corp.'s 2022 infill drilling program on the K dump has returned an average grade 0.946 per cent Li2O (lithium oxide) from surface.
Manono Tailings - K Dump
A total of 2117 metres from 156 aircore drillholes has been completed on nominal 50m centres to define a measured category for the Mineral Resource Estimate currently underway. On September 6
, we announced the results of the assays received from the first 41 drillholes (red dots in Fig.1).
Figure 1 below demonstrates the location of the results received from the latest 115 drillholes.
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Figure 1: K dump drillhole locations
drill holes MDA211 to MDA 325 (in yellow)
The K dump is composed of two different sections; 1) a steeply stacked section to the northeast that varies from 47m to 21m thick with an average thickness of 38m, and 2) a gently domed 500m x 600m terrace section with an average thickness of 11m with depths generally 15m to 20m in the centre shallowing to 3-5m at the edges.
In drill holes MDA211 to MDA 325 a total of 22 holes were drilled to more than 15 metres depth. All 22 holes deeper than 15m returned mineralisation from the surface (Table 1).
Having the entire K dump in the measured category for our Maiden Mineral Resource Estimate (MRE) will provide the robustness required to proceed rapidly with our Preliminary Economic Assessment.
" said Eric Allard, CEO of Tantalex. "
Assay results from the G dump are forthcoming and once received we will be able to complete and issue our MRE expected for early October now.
Our application with the Depository Trust & Clearing Corporation ("
") to further enable the easier electronic clearing and settlement of the Corporation's common shares in the United States had been delayed due to our corporate name change during the application process. This should be finally resolved in next days.
The scientific and technical content of this news release has been reviewed and approved by Mr. Gary Pearse MSc, P. Eng, who is a "Qualified Person" as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects ("
About Tantalex Lithium Resources Corporation
Tantalex is an exploration and development stage mining company engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. The Corporation is listed on the Canadian Stock Exchange (symbol: TTX), Frankfurt Stock Exchange (symbol: DW8) and OTCQB Venture Market (symbol TTLXF).
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