AfriTin Mining has announced that it has started exploration programmes designed to increase the size of the current resource at its flagship Uis tin mine in Namibia.
The AIM-quoted company is seeking to expand the historical resource and reserve estimates at the tin mine and potentially increase the current lithium and tantalum inferred resource through a drilling programme.
“AfriTin has displayed its ability to bring mineral deposits into production by declaring an ore reserve and bringing the Phase 1 pilot plant into production at the Uis mine site,” said Chief Executive Anthony Viljoen.
“This ore reserve, however, represents a small portion of the historically drilled area in the mining licence property and we believe that the extended Uis project area can expand the size of the operation as well as the company’s footprint within the region.The exploration programme has been designed to validate the historical reserves and upgrade them to meet modern JORC requirements whilst at the same time it will look to increase the confidence levels of the exciting lithium and tantalum by-product potential,” Viljoen said.
The JORC Code provides a mandatory system for the classification of minerals Exploration Results, Mineral Resources and Ore Reserves according to the levels of confidence in geological knowledge and technical and economic considerations in Public Reports.
The exploration programme has been split into phases that will be initiated in the coming weeks and run over a period of about three years, with a focus on the high priority targets, the company said. – proactiveinvestors
