16:20:22 EST Thu 30 Nov 2023
Enter Symbol
or Name

Tantalex Lithium Resources Corp
Symbol TTX
Shares Issued 522,785,256
Close 2022-12-09 C$ 0.095
Recent Sedar Documents

Tantalex's United Cominiere begins drilling at Manono

2022-12-12 12:36 ET - News Release

Mr. Eric Allard reorts


Tantalex Lithium Resources Corp.'s 70-per-cent-owned DRC subsidiary, United Cominiere SAS, has started exploration drilling on the pegmatite corridor which is immediately down-strike from the world's largest undeveloped hard rock lithium resource.

Blue Sky lithium discovery potential:

  • Drilling has commenced, with the first three holes completed by RC (reverse circulation) drilling;
  • Drilling to test targets immediately down-strike from Dathcom Mining spodumene lithium resource of 400 million tons grading 1.65 per cent Li2O (lithium oxide);
  • A total of 20,000 metres of diamond and RC drilling planned over the next nine months;
  • Drill targets identified from aeromagmetiec and radiometric surveys.

The Titan project

The company would also like to update its shareholders on the progress of the Titan plant construction which remains on schedule for a start of operations in March, 2023. The access road upgrade between Manono and the Titan plant location has been completed and the teams are now busy with preparing foundation work.

The Titan plant is projected to produce approximately 1,400 dmt of tin concentrate and 220 dmt of tantalum concentrate per annum.

Manono lithium tailings project

The company would also like to announce that it has appointed Novopro Projects of Montreal to conduct the preliminary economic assessment (PEA) for the phase 1 of the Manono lithium tailings project. The objective of the company is to focus on bringing dumps K, G and I in the southwest of the concession into production as early as possible.

Further to the positive results received from the HLS testing, the company has proceeded with additional metallurgical test works for material from Dumps K and G to determine the optimal process flow sheet for the production of 6 per cent Li2O spodumene concentrate (SC6).

Qualified person

The scientific and technical content of this news release has been reviewed and approved by Gary Pearse, MSc, PEng, who is a qualified person, as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects (NI 43-101).

About Tantalex Lithium Resources Corp.

Tantalex Lithium 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.

It is currently focused on developing its lithium assets in the prolific Manono area in the Democratic Republic of Congo: the Manono lithium tailings project and the pegmatite corridor exploration program.

We seek Safe Harbor.

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