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Tantalex Lithium Resources Corporation TTLXF


Primary Symbol: C.TTX

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 KozmoTon Dec 21, 2023 2:48pm
184 Views
Post# 35796257

Keep in mind this crew used a SC5.5 concentrate price of

Keep in mind this crew used a SC5.5 concentrate price of$2800 USD to spin out an economic look to their waste pile fiasco.  The current price is $1400 USD per tonne, and dropping. Is it safe to say the whole waste pile lithium thing is pretty much a write off, especially since there was only one pile (K) that had even close to decent grades and it was also the tiniest.

https://www.metal.com/Lithium/201906260003

And the pegmatite corridor drilling program seems to have quietly disappeared...

And the Sn/Ti alluvial play seems dead in the water as well, never mind whatever the grades were, they either astoundingly forgot to drill before building a processing plant or they did, then forgot to tell anybody they drilled and the grades were so dismal the company remarkably "forgot" to disclose them.  Take your pick on which ugly path this company bizarrely followed.
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