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A summary of the Mineral Resource estimates per deposit as well as the total Measured, Indicated and Inferred and combined Measured and Indicated Mineral Resources is shown in Table 1. The volumes and grades associated to Li2O have not changed from the original report dated
Table 1‑1 | |||||
Deposit | Classification | Tonnes | Li2O% | Sn ppm | Ta ppm |
Cc | Inferred | 2.99 | 0.32 | - | - |
Ic | Inferred | 0.51 | 0.49 | 583 | 29 |
Gc | Indicated | 0.29 | 0.78 | 579 | 30 |
Inferred | 0.51 | 0.84 | 554 | 29 | |
Gf | Indicated | 1.39 | 0.35 | 183 | 22 |
Inferred | 0.13 | 0.33 | 209 | 26 | |
K | Measured | 3.77 | 0.86 | 305 | 25 |
Inferred | 2.33 | 0.67 | 652 | 35 | |
Li2O, Sn and Ta Mineral Resources | |||||
Total | Measured | 3.77 | 0.86 | 306 | 25 |
Indicated | 1.69 | 0.42 | 252 | 24 | |
Measured & Indicated | 5.46 | 0.73 | 289 | 25 | |
Inferred | 3.48 | 0.66 | 614 | 33 | |
Li2O only Mineral Resources | |||||
Total | Inferred | 2.99 | 0.32 | - | - |
Notes:
1. All tabulated data have been rounded and as a result minor computational errors may occur.
2. Mineral Resources are not Mineral Reserves, have no demonstrated economic viability
3. Li2O % grades calculated by applying a factor of 2.153 to Li % grades
4. Mt = Million tonnes, ppm = parts per million
5. Inferred Li2O, Sn and Ta Mineral Resources are totalled for the Southern Sector dumps (Ic, Gc, Gf and K).
6. Inferred Li2O only Mineral Resources are for the Cc dump.
The Mineral Resource was estimated using the
The Qualified Person for the Mineral Resource Estimate is Mr.
Qualified person
The scientific and technical content of this news release has been reviewed and approved by Mr. Gary Pearse MSc,
About
Tantalex Lithium is an exploration and development stage mining company engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in
It is currently focused on developing its lithium assets in the prolific Manono area in the
Cautionary Note Regarding Forward Looking Statements
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
For more information, please contact:
President & CEO
Email: ea@tantalex.ca
Website: www.tantalexlithium.com
Tel: 1-581-996-3007
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