Results from Purple Haze exceeded expectations and the mining investment group believes there is significant potential for upgrades to the current estimate, which stands at 326,600 tonnes in the indicated and inferred categories.
There were strong grades of tantalite across both areas, giving an average 323 parts per million tantalum pentoxide and a high of 911 parts.
“Today's result represents the first of a number of phases in identifying the total mineralization on the portfolio," said chief executive Larry Johnson.
Kazera owns an indirect interest in the twin deposits through its 75% holding in African Tantalum, or Aftan for short, which in turn owns Namibia Tantalite Investment Mine, which is developing Homestead and Purple Haze.
CEO Johnson confirmed: “The initial resource numbers at Purple Haze were ahead of what we initially expected and we look forward to additional resources there and at White City, Signaalberg and through additional drilling at Homestead.
“With a water supply option, government certified via the Orange River, and a maiden JORC-compliant mineral resource confirmed, NTI continues to show the capacity to become a long-term mine for stable production.”