Announcement Date: 2022-11-22
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: AfriTin Mining Ltd.
Project name: Uis
Location: Namibia
Commodities: Tin,Tantalum,Lithium
Highlight: Drilling results incl. 114m at 0.151% Sn, 75ppm Ta, 0.63% Li2O from 116m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: AfriTin Mining Limited (AIM: ATM), an African technology metals mining company with a portfolio of mining and exploration assets in Namibia, announces further results from the lithium and tantalum drilling programme at the Company’s flagship operation, the Uis Mine (“Uis”). The 50-hole drilling programme, comprising 29 diamond and 21 reverse circulation (RC) drill holes, aims to increase the confidence of the existing lithium and tantalum mineral resource estimates over the deposit. A total of 49 drill holes have been completed and are being processed. The results of 20 previous holes were announced on 8 June 2022, 20 July 2022 and 10 October 2022. This announcement reports the assay results of the next 5 drill holes (Figure 1). The results of the outstanding 24 drill holes will be provided once received. The current exploration programme aims to upgrade the existing resource classification for lithium and tantalum over the areas where tin is currently classified within the measured and indicated categories for the 2019 JORC (2012) compliant mineral resource estimate (MRE) (see announcement dated 16 September 2019).
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