(TheNewswire)
Toronto, Ontario - TheNewswire - September 6, 2023 - Tantalex Lithium Resources Corp. (CSE:TTX ) ( FSE:DW8 ) ( OTC:TTLXF) (“ Tantalex ” or the“ Corporation ”), is pleased to report it has filed an updated technicalreport titled “NI 43-101 Mineral Resource Report for the ManonoLithium Tailings Project, Manono, Democratic Republic of Congo, withan effective date of September 4 th , 2023 (the“ Mineral ResourceReport ”).
A summary of the Mineral Resource estimates per depositas well as the total Measured, Indicated and Inferred and combinedMeasured and Indicated Mineral Resources is shown in Table 1. Thevolumes and grades associated to Li 2 O have not changed from the original report dated December13 th 2022 but now includes tin and tantalum grades from tailings dumps I, Gand K. To be noted that assays from Dump C have not yet beenre-assayed for the Sn and Ta grades, therefore only an InferredLi 2 O Mineral Resource isdeclared for this deposit.
Notes:
1. All tabulated data have beenrounded and as a result minor computational errors may occur.
2. Mineral Resources are not MineralReserves, have no demonstrated economic viability
3. Li2O % grades calculated byapplying a factor of 2.153 to Li % grades
4. Mt = Million tonnes, ppm = partsper million
5. Inferred Li2O, Sn and Ta MineralResources are totalled for the Southern Sector dumps (Ic, Gc, Gf andK).
6. Inferred Li2O only MineralResources are for the Cc dump.
The Mineral Resource was estimated using the CanadianInstitute of Mining, Metallurgy and Petroleum (CIM) Best PracticeGuidelines and is reported in accordance with the 2014 CIM DefinitionStandards, which have been incorporated by reference into NationalInstrument 43-101 – Standards of Disclosure for Mineral Projects (NI43-101), and may be found at www.tantalexlithium.com or under the Company’s SEDAR+ profile at www.sedarplus.ca .
The Qualified Person for the Mineral Resource Estimateis Mr. Rui Goncalves (BSc Hons, MSc (Eng.)) who is a geologist with 13years of experience in base and precious metals exploration, mininggeology and Mineral Resource estimation. He is a Senior MineralResource Consultant for The MSA Group (an independent consultingcompany), is registered with the South African Council for NaturalScientific Professions (SACNASP) and is a Member of the GeologicalSociety of South Africa (GSSA). Mr. Goncalves has the appropriatequalification and experience to be considered a “Qualified Person”for the style and type of mineralisation and activity being undertakenas defined in National Instrument 43-101 Standards of Disclosure ofMineral Projects.
Qualified person
The scientific and technical content of this newsrelease has been reviewed and approved by Mr. Gary Pearse MSc, P. Eng,who is a “Qualified Person” as defined by National Instrument43-101 Standards of Disclosure for Mineral Projects (“NI43-101”).
About Tantalex Lithium ResourcesCorporation
Tantalex Lithium is an exploration and developmentstage mining company engaged in the acquisition, exploration,development and distribution of lithium, tin, tantalum and otherhigh-tech mineral properties in Africa.
It is currently focused on developing its lithiumassets in the prolific Manono area in the Democratic Republic ofCongo; The Manono Lithium Tailings Project and the Pegmatite CorridorExploration Program.
Cautionary Note Regarding ForwardLooking Statements
The information in this news releaseincludes certain information and statements about management's view offuture events, expectations, plans and prospects that constituteforward looking statements. These statements are based uponassumptions that are subject to significant risks and uncertainties.Because of these risks and uncertainties and as a result of a varietyof factors, the actual results, expectations, achievements orperformance may differ materially from those anticipated and indicatedby these forward looking statements. Although Tantalex believes thatthe expectations reflected in forward looking statements arereasonable, it can give no assurances that the expectations of anyforward looking statements will prove to be correct. Except asrequired by law, Tantalex disclaims any intention and assumes noobligation to update or revise any forward looking statements toreflect actual results, whether as a result of new information, future events, changes inassumptions, changes in factors affecting such forward lookingstatements or otherwise.
The Canadian Securities Exchange(CSE) has not reviewed this news release and does not acceptresponsibility for its adequacy or accuracy.
For more information, please contact:
Eric Allard
President & CEO
Email: ea@tantalex.ca
Website: www.tantalexlithium.com
Tel: 1-581-996-3007
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