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Exploration Update on ML133 (Lithium Ridge)
Exploration Update on ML133 (Lithium Ridge).
About this update from Andrada Mining Limited
[{"type":"text","content":"\n\n29 August 2023\n \nThe information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR) as in force in the United Kingdom pursuant to the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information will be in the public domain.\nAndrada Mining Limited\n(\"Andrada\" or the \"Company\")\nExploration Update on ML133 (\"Lithium Ridge\")\nResults of infill channel sampling confirm lithium mineralisation and define mineralised zone.\nAndrada Mining Limited (AIM: ATM, OTCQB: ATMTF), an African technology metals mining company with a portfolio of mining and exploration assets in Namibia, is pleased to provide lithium assay results for a channel sampling and geological mapping programme undertaken within the ML133 mining license area (\"Lithium Ridge\") located approximately 35km southeast of the Uis mine.\nThe exploration programme aimed to fill in data gaps between known lithium occurrences within our existing mining licence ML133 and define the width and length of the mineralised trend. A detailed geological mapping programme was also undertaken to delineate the extent of the pegmatites at surface and to document the mineral characteristics of the intrusions in preparation for a more detailed follow up programme.\nHIGHLIGHTS\n§ When combined, the weighted average of the 27 highest lithium grade channel lines amount to 179 m at 1.20% Li2O (Refer to Table 1).\n§ Notable results for channel samples across the entire pegmatite include:\no 9.65 m with an average grade of 2.18% Li2O, 0.18% Sn and 89 ppm Ta\no 12.76 m with an average grade of 1.87% Li2O, 0.15% Sn and 61 ppm Ta\no 15.29 m with an average grade of 1.60% Li2O, 0.18% Sn and 57 ppm Ta\no 4.50 m with an average grade of 1.54% Li2O, 0.11% Sn and 61 ppm Ta\no 10.01 m with an average grade of 1.35% Li2O, 0.08% Sn and 41 ppm Ta\no 11.73 m with an average grade of 1.32% Li2O, 0.18% Sn and 99 ppm Ta\n§ This data confirms the existence of continuous mineralisation at surface over a 6 km strike length.\n§ The primary lithium minerals identified are spodumene and petalite.\n§ First saleable grade of Lithium from the licence produced in May 2023.\nAnt...