Has There Been Drilling? Let's Read What TTX Has Said... August 2018
- PRs (July and August) Tantalex ....completed the acquisition, through a subsidiary, of an exploitation license to produce lithium minerals from the tailings dumps of the historical Manono-Kitotolo (MK) mine in Tanganyika province in the DRC (TTX subsidiary Buckell paid ~ US$3.5 million for the license)
- CEO "We have spent months negotiating this transaction, which could position the Company in rapidly becoming a lithium producer. We look forward in commencing our resource definition and engineering works on these tailings"
- TTX is pleased to announce that is has completed a private placement of an amount of US$2,450,000 by the issuance of unsecured convertible subordinated debentures due 2019 bearing interest of 12%
November 2019
- PR TANTALEX ANNOUNCES START OF DRILLING ON MANONO-KITOTOLO TAILINGS PROJECT Toronto, Canada / Munich, Germany November 6 th, 2019 – TANTALEX Resources Corporation (CSE: TTX – FSE: 1T0) (“TANTALEX” or the “Corporation”), is pleased to announce that the Company has selected an experienced drilling contractor to begin drilling the highly prospective tailings dumps identified from our preliminary grab sample program. Mobilization to site is commencing this week with drilling expected to start by November 14th (2019?). Drilling will be carried out on the tailings dumps identified on the map here below for a total of 5000m of AC drilling to provide Li grade and relative distribution of lithium mineralization within these dumps.
.....Roll forward 15 months
Feb 2021 Investor Presentation
"TANTALEX holds the rights to mine the lithium, tin, and tantalum tailings from the historic Manono Kitotolo tin mine.
- Resource Confirmation Drilling to commence early Q2, 2021 followed by Preliminary Economic Assessment and initial Pilot Plant.
- 5,000m of air core drilling with samples taken every 1m to be performed Apr-May 2021"
Seems like no drilling...
This is not to be construed as investing advice.