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Alliance Mineral Assets Ltd.
Summary
| Project: | Bald Hill | |
|---|---|---|
| Deposit: | Bald Hill | |
| Location: | Australia | |
| Commodities: | Tantalum | |
| Date: | 12/12/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 12-12-2016: Alliance Mineral Assets Ltd. announces an Exploration/Drilling Update report for its Bald Hill deposit at the Bald Hill project. JV - Drilling results incl. 23m @ 1.15% Li2O, 166ppm Ta2O5, 107ppm Nb2O5, 107ppm SnO2 from 107m. Singapore listed | |
| Resources: | (Reserve, Prob.): 1.69Mt @ 303ppm Ta2O5 at Bald Hill total | |
| CP/QP: | [Overall Report]: Mark Calderwood (Lithco 2 Pty Ltd.) | |
| ABSTRACT: | Singapore listed Alliance Mineral Assets Limited (“Alliance Mineral”, or “AMAL” or the “Company”), a mining company engaged in the business of developing and producing Tantalite and exploration and exploitation of Lithium & Other Mineral Resources in Australia, refers to the announcements (“Announcements”) dated 3 June 2016, 25 July 2016, 17 August 2016, 30 September 2016 and 3 November 2016 in relation to the binding terms sheet (“Terms Sheet”) entered into between the Company and Lithco 2 Pty Ltd (“Lithco” or “JV Partner”), and circular (“Circular”) dated 24 August 2016 for, inter alia, a Farm-In and Joint Venture arrangement with respect to the Company’s Bald Hill project in Western Australia for the purpose of joint exploration and exploitation of lithium and other minerals (“Joint Venture”). | |
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