Business
Tantalum & Lithium By-Product Test Work Programme
Tantalum & Lithium By-Product Test Work Programme.
About this update from Andrada Mining Limited
[{"type":"text","content":"\n \n \n \n RNS Number : 0587V\n AfriTin Mining Ltd\n 12 April 2021\n \n \n \n \n 12 April 2021\n \n \n AfriTin Mining Limited\n \n \n \n (\"AfriTin\" \n \n or the \"Company\")\n \n \n Tantalum and Lithium By-Product Test Work Programme\n \n \n AfriTin Mining Limited (AIM: ATM), an African tin mining company with its flagship asset, the Uis Tin Mine (\"Uis\") in Namibia, is pleased to provide an update on its metallurgical test work programme for potential by-products to its current tin concentrate product.\n \n \n Highlights:\n \n \n ▪ \n \n The Uis Tin Mine JORC(2012)-compliant mineral resource estimate includes ancillary metals with an inventory of 6,091 tonnes of contained tantalum (Ta) and 450,265 tonnes of contained lithium oxide (\n \n \n Li\n \n \n \n 2\n \n \n \n O\n \n \n ), grading at 85ppm Ta and 0.63% \n \n \n Li\n \n \n \n 2\n \n \n \n O\n \n \n respectively.\n \n \n \n ▪ \n \n Major \n \n \n Li\n \n \n \n 2\n \n \n \n O\n \n \n intersections include 86.51m grading at 1.22% \n \n \n Li\n \n \n \n 2\n \n \n \n O\n \n \n (drill hole V1V2017) and 109.32m with an average grade of 0.97% (drill hole V1V2010).\n \n \n \n ▪ \n \n The Company is advancing a metallurgical test work programme to investigate the by-product potential of the ancillary metals. Test work for a Ta concentrate is at an advanced stage; \n \n \n Li\n \n \n \n 2\n \n \n \n O\n \n \n concentrate test work is progressing to a second stage.\n \n \n \n Anthony Viljoen, CEO of AfriTin Mining Limited commented: \n \n \n \n \n \n \"Following the achievement of nameplate tin concentrate production in November 2020, the Uis Tin Mine has exceeded production forecasts. This provides the ideal platform for our metallurgical test work programme to investigate the potential of two major by-products, namely lithium oxide and tantalum. Successful implementation of by-product streams may significantly increase our profit margin and allow us to realise the goal of positioning the company in the lowest quartile of the world tin producer cost curve.\"\n \n \n \n \n \n As set out in the announcement dated 16 September 2019, Uis has a JORC(2012)-compliant measured, indicated and inferred mineral resource estimate totalling 71.54 million tonnes of ore containing 95,539 tonnes of tin (Sn) metal at a grade of 0.134% tin. In addition, the mineral resource esti...