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WKN: A1106S ISIN: CA87588V1085 Ticker-Symbol: 1T0 
Stuttgart
16.07.20
08:18 Uhr
0,005 Euro
-0,003
-37,50 %
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TANTALEX RESOURCES CORPORATION Chart 1 Jahr
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0,0040,01330.10.19
ACCESSWIRE
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TANTALEX Resources Corporation: TANTALEX Announces Start of Drilling on Manono-Kitotolo Tailings Project

TORONTO, ON and MUNICH, GERMANY / ACCESSWIRE / November 6, 2019 / TANTALEX Resources Corporation (CSE:TTX)(FSE:1T0) ("TANTALEX" or the "Corporation"), is pleased to announce that the Company has selected an experienced drilling contractor to begin drilling the highly prospective tailings dumps identified from our preliminary grab sample program. Mobilization to site is commencing this week with drilling expected to start by November 14th.

Drilling will be carried out on the tailings dumps identified on the map here below for a total of 5000m of AC drilling to provide Li grade and relative distribution of lithium mineralization within these dumps.

Figure 1 Local setting of the Manono tailings project showing the Manono and Kitotolo pegmatites as well as the tailings dumps and associated tailings terraces (Note that tailing s G, J and K are not part of the Tantalex Minocom agreement). (To view the full-size image, please click here)

About Tantalex Resources Corporation

Tantalex is a mining company engaged in the acquisition, exploration, development and distribution of Lithium, Cobalt, Tantalum and other high-tech mineral properties in Africa. The Corporation is listed on the Canadian Stock Exchange (symbol: TTX) and the Frankfurt Stock Exchange (symbol: 1T0).

Tantalex has been active in the Democratic Republic of Congo (DRC) for the last 4 years and completed in August 2018 the acquisition, through a subsidiary, of an exploitation license to produce lithium minerals from the tailings dumps of the historical Manono-Kitotolo (MK) mine in Tanganyika province in the DRC.

The Manono Kitotolo Tailings consist of material taken from the numerous open pit mines which were exploited from 1919 to the mid 80's, producing 140,000-185,000 tons of tin and 4,500 tons of coltan concentrate (Zairetain 1981). Minerals were extracted from LCT pegmatites which have been documented as containing up to 1.7 and 2% Li2O (Bassot, Mario & Levesque, 1980). Spodumene (Li) was not recovered at the time and went into the dumps with other tailings.

Cautionary Note Regarding Forward Looking Statements

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although Tantalex believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, Tantalex disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.

For further information, please contacts Investor relations: ir@tantalex.ca
Or visit us at: WWW.TANTALEX.CA

TANTALEX Resources Corporation
Kyle Appleby
Chief Financial Officer
ka@tantalex.ca

SOURCE: TANTALEX Resources Corporation



View source version on accesswire.com:
https://www.accesswire.com/565486/TANTALEX-Announces-Start-of-Drilling-on-Manono-Kitotolo-Tailings-Project

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