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Project: | Namibia Tantalite Investment Mine (NTI) | |
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Deposit: | White City | |
Location: | Namibia | |
Commodities: | Lithium-Tantalum | |
Date: | 12/2/2019 | |
Report Code: | JORC | |
Report Type: | Resource Estimation | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 2-12-2019: Kazera Global Plc announces a Resource Estimation report for its White City deposit at the Namibia Tantalite Investment Mine (NTI) project. Resource estimate for the White City deposit. Kazera Global plc ("Kazera Global", "Kazera" or the "Compa | |
Resources: | (Resource, Inf.): 297.6Kt @ 105ppm Ta2O5 at White City | |
CP/QP: | [Resources]: Jeremy Witley (MSA Group Pty Ltd.) | |
ABSTRACT: | Kazera Global plc ("Kazera Global", "Kazera" or the "Company"), the AIM quoted investment company which, through its stake in African Tantalum (Pty) Limited ("Aftan"), has an interest in the Namibia Tantalite Investment Mine ("NTI" or the "Mine") is pleased to announce the completion of a maiden JORC Compliant Mineral Resources Estimate for the White City Pegmatite as part of the ongoing exploration programme at the Mine. Larry Johnson, Chief Executive Officer of Kazera Global Plc commented: "The findings from White City demonstrate another excellent result for the Company following the announcement of our initial maiden JORC compliant Mineral Resource estimates over the Homestead and Purple Haze deposits. We now have cumulative indicated and inferred maiden JORC Compliant tantalite and lithium resources of 622,200 tonnes across NTI, with very strong grades indicated across the Mine and with further results to come. This places the NTI mine in a positive position to close out the remainder of it's Phase 1 exploration drilling programme which we aim to complete before the end of the year. Further to this, I am delighted to have commenced work on our new trading arm, Kazera Trading, which we have set up to utilise the Company's global connections, connecting buyers and sellers of heavy metal and rare earth element ores. We look forward to updating shareholders on this exciting new initiative which we anticipate will deliver solid revenue for the Company going forward." | |
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