AfriTin hits more mineralisation in drilling
AfriTin Mining Ltd (AIM:ATM) has hit further mineralised intervals at depth as part of drilling at the V1/V2 pegmatite on the Uis tin project in Namibia.
The highest combined metal content intersection was from drill hole V1V2022, containing 0.17% tin, 61 parts per million tantalum and 1.33% lithium oxide over a 51 metre intersection at a depth of 201 metres to 252 metres.
Other intersections include 101.05 metres at 0.164% tin, 78ppm tantalum and 0.52% Li2O, and 164.09 metres at 0.169 tin, 57 ppm tantalum and 1.04% Li2O.
The drill hole intersections demonstrate the continuity of mineralisation, a potential upgrade to resources at depth and support the lithium and tantalum by-product initiatives currently underway.
"We are pleased to announce these drill results showing the extension of the V1/V2 pegmatite at depth, the consistent tin grades and the substantial lithium grades, which serve to further validate the planned expansions of the Phase 1 pilot processing plant,” said AfriTin chief executive Anthony Viljoen.
“We look forward to the initiation of another drilling programme aimed at aligning the lithium and tantalum resource confidence intervals with the current confidence interval for tin within the current mineral resource estimate, which we expect to commence in quarter 4, 2021. These high-grade drill hole intersections substantiate our belief that AfriTin Mining is poised to become a leading supplier of technology metals targeting a more diversified portfolio of production in the future."