Business
Tantalex Lithium Resources Reports up to 1,02% Li20 From it's Infill Drilling on Manono Tailings K Dump
Toronto, Ontario – TheNewswire - September 6, 2022 – Tantalex Lithium Resources Corp. (CSE:TTX) – (FSE:DW8) – (OTC:TTLXF) (“Tantalex” or the “Corporation”), is
About this update from Tantalex Lithium Resources Corp
[{"type":"text","content":"Toronto, Ontario – TheNewswire - September 6, 2022 – Tantalex Lithium Resources Corp. (CSE:TTX) – (FSE:DW8) – (OTC:TTLXF) (“Tantalex” or the “Corporation”), is pleased to announce that assay results received to date from it’s 2117m infill drilling program on the K dump has returned consistent high grade Li2O results with all drill holes returning Li2O intercepts between 0,565% and 1,018% Li20 from surface over entire length of drillholes. Manono Tailings – K Dump Intercepts Further to assay results received on our maiden 10,000m drill program, an additional drill program was conducted in Q2 2022 targeting the K and G dumps. On the K dump, a total of 2117 metres from 156 aircore drillholes was completed on nominal 50m centres to define a measured category for the Mineral Resource Estimate currently underway. Drillholes were sampled at 1 metre intervals with 3m composite samples submitted to SGS Lab, Randfontein RSA, for multi-element assay by GE_IMS90A50 method. To date results from 382 out of a total of 836 submitted samples from 36 of the 156 drillholes has been received. (Figure 1). 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. Figure 1: Drill holes completed on the K dump From the assays returned to date (figure 1 yellow dots) 24 holes were drilled to more than 15 metres. All 24 holes deeper than 15m returned mineralisation from the surface (Table 1). The 17 holes in the stacked material have a global average of 0.625 % LiO2. The 7 holes in the terrace have a global average of 0.928% LiO2. From the volume estimation report that Tantalex conducted in Q4 2021, the estimated total volume of the K dump is 3 512 532m³. With an approximate density of 1,5 g/cm³ this represents a total estimated volume of 5 268 797 metric tons. Table 1: Dill hole intercepts for drillholes of minimum 15m depth “These results are highly encouraging as they demonstrate that the K dump is well mineralized laterally and vertically and confirms our efforts to define a measured resource in this area .” said Eric Allard, CEO of Tantalex. “Our additional assay results...