For thousands of other reports visit RSC's Mineral Intellingence Map
Premier African Minerals Ltd.
Summary
| Project: | Zulu | |
|---|---|---|
| Deposit: | Zulu | |
| Location: | Zimbabwe | |
| Commodities: | Lithium-Tantalum | |
| Date: | 10/21/2016 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-10-2016: Premier African Minerals Ltd. announces an Exploration/Drilling Update report for its Zulu deposit at the Zulu project. Drilling results incl. 5.21m @ 114ppm Nb2O5 216ppm TaO5 from 30.74m. Premier African Minerals Limited (AIM: PREM), the Lond | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Wolfgang Hampel (Internal) | |
| ABSTRACT: | Premier African Minerals Limited (AIM: PREM), the London quoted mining exploration and production company, is pleased to report that significant tantalum grades have been recorded from the current 2,500 meter drilling programme at the company's Zulu Lithium and Tantalum Project ("Zulu") in Zimbabwe. George Roach, Premier's CEO, commented: "These interim results are extremely encouraging and support the company's view that Zulu has the potential to be one of the best hard rock lithium projects today. The tantalum grades are even more significant when compared to the bell-weather Pilgangoora Lithium-Tantalum deposit, which is currently being developed in Australia by Pilbara Minerals Ltd and has reported generally lower tantalum grades than the current Zulu results received to date in their latest reserve statement in August 2016. Pilbara Minerals report that their Proved and Probable Ore Reserve are 69.8 million tonnes grading 1.26% Li2O (Spodumene) and 132ppm Ta2O5. We eagerly await the lithium assays from the South African labs." The Niobium (Nb2O5) and Tantalum (Ta2O5) results received to date are set out in the table below. These results were assayed for niobium and tantalum at the Company's laboratory using a calibrated desk mounted XRF. The fact that Ta2O5 grade is significantly higher than Nb2O5 indicates that the Zulu pegmatites are highly differentiated pegmatites. Highly differentiated pegmatites have the best potential for high grade Lithium, Tantalum and Cesium mineralisation. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report