Tantalex Lithium Resources Corp. announced that assay results received to date from its 2,117m 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. Further to assay results received on maiden 10,000m drill program, an additional drill program was conducted in Second Quarter 2022 targeting the K and G dumps.

On the K dump, a total of 2,117 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. The K dump is composed of two different sections; a steeply stacked section to the northeast that varies from 47m to 21m thick with an average thickness of 38m; and 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.

From the assays returned to date 24 holes were drilled to more than 15 metres. All 24 holes deeper than 15m returned mineralisation from the surface. 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 Fourth Quarter 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.