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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 operating its TiTan tin and tantalum concentrate plant and developing its lithium assets in the prolific Manono area in the Democratic Republic of Congo; The Manono Lithium Tailings Project and the Pegmatite Corridor Exploration Program. 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 of measured and indicated resources, for which the pegmatite extends throughout its licenses 12447 and 12448.


CSE:TTX - Post by User

Comment by Yucatanmanon Feb 09, 2021 8:38pm
77 Views
Post# 32520829

RE:RE:RE:RE:RE:Update yesterday from AVZ

RE:RE:RE:RE:RE:Update yesterday from AVZYou're welcome, the tailings dumps are basically AVZ's property, which they hold the license to drill and mine, somehow TYx secured rights only for the tailings dumps which was a separate licencing, we are talking a few years ago with different management Avz and TTx had a falling out, disagreement, some legal battles, but the license for the old dumps is a different jurisdiction than a mining licence. The new management of TTx seems to be able to come to some agreement with Avz. Also there was a Chinese investment company holding approximately 25 million shares of TYx back with the old management and during the feud, those I suspect were the huge amount of shares we seen dumped since this was reinstated for trading in mid November. That feud prevented TYx from meeting their committments with said Chinese investors. What is taking place now with a new investor, AfriMet for 20% of the project was supposed to have happened in 2020. Basically in a nutshell.
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