Tantalex Resources Corporation Updates ON Drilling Progress and Field Exploration Activities ON the Manono Lithium & Tin Tailings Project
Toronto, Ontario October 7, 2021 – Tantalex Resources Corporation (CSE: TTX) (“Tantalex” or the “Corporation”), is pleased to announce that it has completed the Drone/UAV Photogrammetry Topographical Survey for volumes estimation of the dumps and terraces on the lithium and tin tailings concession PER 13698. The survey was completed using a Phantom 4 RTK drone combined with a D-RTK 2 High Precision GNSS Mobile Base Station which allowed the drone to fly at centimeter level accuracy and provide highly accurate data.
The total volume of all the dumps and associated terraces on PER 13698 is reported at 70 457 047 million cubic meters. Actual density of the dumps is variable due to nature and granulometry of the tailings but using a conservative average density of 1,5g/cm³, this represents a total tonnage of approximately 105,000,000 metric tons. This compares highly favorably to the initial exploration target of 60-80M tons that the Company had prior to the Agreement with MINOR for acquisition of additional dumps.
Aircore Drilling
Drilling has now reached a total of approximately 3,500m from the initial 5,000m drill program. This initial drilling program is targeting boreholes across all the dumps in order to determine overall distribution and grades of targeted minerals: lithium tin and tantalum. Samples are being sent to an internationally accredited laboratory with first assay results expected to be received in early November.
Additionally, more than 500m have been drilled using our Cobra drill for the shallower areas on the terraces alongside the dumps.
Hannes Miller, COO of Tantalex commented ‘’ I am extremely pleased with the tremendous work our exploration team has performed to now and the incredible support we have received from the local authorities and communities.’’
Results from this initial drill program will then guide further drilling works required to confirm a resource report in the indicated and measured category. Tantalex actual plan is to release a preliminary mineral resource report during Q1 2022.
