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Tantalex Lithium Resources Provides an Update on Operational Activities
Toronto, Ontario – TheNewswire - June 7th, 2023 – Tantalex Lithium Resources Corp. (CSE:TTX) – (FSE:DW8) – (OTC:TTLXF) (“Tantalex” or the “Corporation”), activi
About this update from Tantalex Lithium Resources Corp
[{"type":"text","content":"Toronto, Ontario – TheNewswire - June 7th, 2023 – Tantalex Lithium Resources Corp. (CSE:TTX) – (FSE:DW8) – (OTC:TTLXF) (“Tantalex” or the “Corporation”), activities in the DRC are in full speed as we are nearing completion of the Titan plant construction and finalizing the Manono Lithium Tailings Preliminary Economic Assessment. Eric Allard, CEO of the Company, commented; “These are exciting times for Tantalex Lithium as we are executing our strategy to become an operating mining company in the DRC. After a harsh rainy season which delayed the construction efforts, the TiTan plant will now be commissioned in the next few weeks. It’s a great accomplishment by the entire team working relentlessly on the ground.’’ “We are also progressing well with our additional objective of becoming the first lithium producer in the DRC as our PEA for the Manono Lithium Tailings project is in its final stages of preparation. We look forward to the results of the PEA which will guide our efforts towards the next phase of development of the Feasibility Study (FS). As we prepare for this next big milestone, we are currently in advanced discussions with strategic parties to ensure the financing of the development activities for both the Manono Lithium Tailings Feasibility Study and Pegmatite Corridor planned drilling campaign.” The Company is pleased to announce Mr. Allard will be making a presentation at DRC Mining Week held in Lubumbashi from June 14-16th on Tantalex’s vision and journey to transitioning from an exploration to a producing company in the DRC. The DRC Mining Week is the biggest mining event held in the DRC and assembles all the major companies and government entities working at progressing the mining sector in the DRC. The country has taken a leading role regarding the development of the battery metal industry in Africa. TiTan Plant Construction The team is progressing with multiple activities on and around the TiTan mine, with the goal of becoming the most modern tin and tantalum alluvial processing plant in the DRC. The construction activities are approximately 80% complete with activities focused mainly on electrical connection of the various modules, building of offices and TSF excavations. Figure 1 &2: TiTan plant in construction This week the Company is receiving at the project site an...