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Tantalex Lithium Resources Corporation C.TTX

Alternate Symbol(s):  TTLXF

Tantalex Lithium Resources Corporation is a Canada-based exploration and development stage mining company. The Company is engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. It is focused on developing its lithium assets in the prolific Manono area in the Democratic Republic of Congo. Its project includes Manono Tailings, Pegmatite Corridor Exploration and Titan. The Manono Tailings project covers 105 million mt over 11 dumps, containing Lithium, Tin and Tantalum. The Pegmatite Corridor Exploration project is located southwest of Dathcom Mining with 269 million tons measured and indicated resource, for which the pegmatite extends throughout its licenses 12447 and 12448.


CSE:TTX - Post by User

Post by EricSnotton Apr 19, 2023 6:28pm
121 Views
Post# 35404023

Here's a great tweet by a c.TTX INVESTOR....

Here's a great tweet by a c.TTX INVESTOR....Why I invested in – an emerging African #tin, #tantalum and #lithium producer The DRC has a long history of #mining and is rich in natural resources. During the 1990s and early 2000s, the DRC was embroiled in two devastating wars that were fueled in part by competition over the country's mineral resources. Despite the challenges, the DRC remains an important and growing player in the global mining industry. In recent years, the DRC government has taken steps to reform the mining sector and attract foreign investment. Projects : The TiTan, is an alluvial Tin & Tantalum Project - expected production of 1’400 dmt of tin & 220 dmt of tantalum concentrates per year, commissioning in May 2023. Anticipated revenue of $30m+ per annum with current prices (I forecast tin to have its limelight in the #CommoditySuperCycle later this year), generating positive cashflow for the company "Tin – the forgotten foot soldier of the energy transition" - The Manono Tailings Project – MRE published Jan 2023, potential for additional discoveries. PEA out in May 2023, FS in Q3 2023. Production scheduled for Jan 2025 The Pegmatite Exploration Project has an extensive greenfield hard-rock lithium potential with a corridor alongside $AVZ’s colossal deposit. 20’000m of air-core, RC and Diamond drilling planned for 2023 "discussions with multiple Tier 1 companies...two of these companies have already had sight visits with positive feedback from both." (Newsletter, October 2022) Senior Management : Klaus Eckhof was in charge of and developed the giant Manono lithium deposit until 2018 heavyweights: - Simon Collins, Ex. Global Head of Metals & Minerals and Member of Management Board - Matthew Botell, Ex. COO of Non-Ferrous and Bulk Division - , a specialized trader and founder of AfriMet Resources Insider buying YTD: + $ CAD 517'372 and $ CAD 410’000 in options exercised Tantalex continues to demonstrate that they want to go into production in a sustainable manner and uphold high standards for both environmental sustainability and the social well-being of local communities. Eric Gagnon was recently appointed as ESG manager and the Environmental & Social impact Assessment (ESIA) is scheduled to be completed by Jun 2023. Tantalex is an African story
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