https://www.miningweekly.com
Mining|srk|Technology|Products|Drilling
Mining|srk|Technology|Products|Drilling
mining|srk|technology|products|drilling

AfriTin declares maiden Jorc-compliant resource for Uis

16th September 2019

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

Font size: - +

Aim-listed AfriTin Mining has announced a maiden Joint Ore Reserves Committee- (Jorc-) compliant measured, indicated and inferred mineral resource estimate of 71.54-million tonnes of ore at a grade of 0.134% tin, for 95 539 t of contained tin, for the Uis tin mine, in Namibia.

This follows on a drilling programme designed to support the historical mineral resource estimate of the V1 and V2 pegmatites at the mine.

The estimate includes an inferred mineral resource of 71.54-million tonnes of ore at 85 parts per million tantalum for 6 091 t contained tantalum.

Moreover, there is an inferred mineral resource estimate of 71.54-million tonnes of ore at 0.63% lithium oxide for 450 265 t contained lithium oxide.

“Confirming the historical data at Uis has always been a crucial step in the progression and development of our flagship asset,” AfriTin CEO Anthony Viljoen commented in a statement issued on Monday.

He indicated that the additional down-dip drilling had confirmed the extension and thickening of the orebody at depth, affirming AfriTin’s belief in the scale of the deposit and increasing the resource historically stated by SRK on the V1/V2 orebody.

Moreover, the scale of this resource, from two pegmatites, placed the tin inventory as one of the biggest of its kind in the world and encouraged further development of the additional outcropping pegmatites identified within AfriTin’s mining licence area, of which an excess of 100 pegmatite bodies had been identified, Viljoen said.

“The addition of tantalum and lithium to the estimate further enhances the attractiveness of this globally significant asset and creates an exciting opportunity for other potential revenue streams,” he enthused.

He indicated that assays of the historical resource did not typically capture other elements as there were no markets for these by-products at the time. However, with the advent of new technology and the battery metal boom, AfriTin has extended the inventory of potentially extractable metals at Uis to include tantalum and lithium.

“Importantly, today’s results provide us with the confidence to move our Phase 1 mining operation forward towards a large-scale Phase 2 operation,” said Viljoen.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Latest News

Resources Watch
Resources Watch
27th March 2024

Showroom

SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

VISIT SHOWROOM 
Alco-Safe
Alco-Safe

An unmanned breathalyser that is made to be tough and simple to use. Can be used in any environment for operator-free breathalyser testing.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.109 0.146s - 110pq - 2rq
Subscribe Now