viewKazera Global PLC

Kazera Global boosts resource base at its already producing Nambian tantalum mine

Kazera has also established a new trading arm, which has already agreed its initial trades

Kazera Global PLC -

Kazera Global PLC (LON:KZG) has completed a maiden JORC resource estimate for the White City pegmatite as part of the ongoing exploration programme at the Namibia Tantalite Investment Mine (NTI).

The White City resource rings in at 297,000 tonnes of tantalite in the inferred category, at an average grade of 105 parts per million (ppm).

It takes the total resource across White City, Purple Haze and Homestead up to 622,200 tonnes of lithium and tantalite.

Further to the highly encouraging ongoing exploration activity at NTI, the company has registered a subsidiary named Kazera Trading, which will operate in conjunction with Kazera Global. Kazera Trading will function as an ore trading arm of the company. Initial trades have already been agreed and the company will provide further updates shortly.

The White City pegmatite is located northeast of the Homestead pegmatite, where the current mining operation is focused at Tantalite Valley.

 White City is a dome-shaped pegmatite, with visible tantalum-lithium mineralisation on exposed pegmatite faces. Portions of the White City pegmatite are exposed on a slope parallel with the dip of the pegmatite body, as well as in a relatively large open-pit excavation on the eastern exposure of the pegmatite body. White City has previously been explored and partially mined from the open cut and other historical small-scale mining from exposures on the dip-slope.

Quick facts: Kazera Global PLC

Price: 0.45 GBX

Market: AIM
Market Cap: £1.59 m

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