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Tawana Resources NL
Summary
| Project: | Bald Hill | |
|---|---|---|
| Deposit: | Bald Hill | |
| Location: | Australia | |
| Commodities: | Lithium-Tantalum-Tin | |
| Date: | 6/6/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Mine Development | |
| Report details: | 6-6-2018: Tawana Resources NL announces a Resource Estimation report for its Bald Hill deposit at the Bald Hill project. JV - Updated mineral resource and ore reserve estimate at Bald Hill. Joint venture partners Tawana Resources NL (TAW:ASX) (Tawana) and | |
| Resources: | (Reserve, Prob.): 11.3Mt @ 1.01% Li2O, 160ppm Ta2O5 for 114.1Kt Li2O, 4Klbs Ta2O5 contained | |
| CP/QP: | [Resources]: Matthew Cobb (CSA Global Pty Ltd.) | |
| ABSTRACT: | Joint venture partners Tawana Resources NL (TAW:ASX) (Tawana) and Alliance Mineral Assets Limited (SGX:40F) (AMAL) (together the JV partners) are pleased to announce a 105% Reserve upgrade for the Bald Hill Lithium‐Tantalum Mine (Bald Hill or Mine or Project), located in the eastern goldfields of Western Australia. The Reserve upgrade reflects pit design changes resulting from increases to Indicated Resources following infill drilling completed in the second half of 2017. Infill drilling at Bald Hill is continuing. Tawana Managing Director Mark Calderwood said: “The increased Reserves along with the potential for additional Reserves resulting from infill drilling of Inferred material, provide strong support for significantly increasing processing throughput rates. We are actively reviewing the options to best increase throughput in the existing plant and/or add an additional DMS circuit and fines circuit. There has been strong interest from a number of parties to obtain concentrate supply from Bald Hill.” | |
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