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Pilbara Minerals Ltd.
Summary
| Project: | Pilgangoora | |
|---|---|---|
| Deposit: | Pilgangoora | |
| Location: | Australia | |
| Commodities: | Lithium-Tantalum | |
| Date: | 1/30/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-1-2020: Pilbara Minerals Ltd. announces an Exploration/Drilling Update report for its Pilgangoora deposit at the Pilgangoora project. Drilling results incl. 41.73m @ 1.64% Li2O, 131.43ppm Ta2O5 from 0.00m. Pilbara Minerals Limited (Pilbara Minerals or | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Holmes (Internal) | |
| ABSTRACT: | Pilbara Minerals Limited (Pilbara Minerals or the Company) is pleased to report there were no reportable work-related safety incidents during the December 2019 Quarter (the Quarter). Since the September 2019 Quarter, Pilbara Minerals has moderated production from the Pilgangoora Lithium-Tantalum Project (Pilgangoora Project) in response to softer market conditions in China for lithium raw materials resulting in reduced customer demand. Ore was generated from a mining campaign during the Quarter, which when combined with existing run-of-mine and crushed ore, resulted in production of 14,711 dmt of spodumene concentrate. Sales for the Quarter were supported by this production, as well as the drawdown of product stocks produced in prior quarters. Two shipments of spodumene concentrate were completed during the Quarter totalling 33,178 dmt, with product sold to the Company’s long-term offtake partners. Spodumene concentrate stock on hand reduced to 25,730 dmt at the completion of the Quarter (30 September 2019: 52,450 dmt). | |
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