Arcadia Minerals (ASX:AM7) Ltds' chairman Jurie Wessels met with Proactive London to run through the latest news from its exploration at Bitterwasser in Namibia, where it has just reported a 500% increase in the lithium resource.
Bitterwasser is a basin with significant mineralisation in the clays, Wessels says, with the resource now 85mln tonnes up from 15mln tonnes though he believes an even bigger story might be in the brines.
A tantalum project nearing maturity will generate cash to help Arcadia keep moving forward even when times are challenging, he adds.