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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 Lisanon Jan 05, 2022 7:25am
179 Views
Post# 34284239

RE:Things that make you go hmmmm!!

RE:Things that make you go hmmmm!!Good point. RIO and BHP are not active in Manono because of the bad political climate in the DRC during the Kabila presidency. In December 201 Felix Tshisekedi was elected and both AVZ and TTX took a risk and quickly filled the vaccum. Three years later things are improving in the DRC although it is not among the best mining jurisdiction in the world. The fact that AVZ doesn't have yet a mining license with a 3B market cap is a big question mark. Will RIO and BHP step in during 2022? Considering the rising value of lithium and cobalt and the improvement of the political situation in the DRC, it is a serious possibility. As far as TTX is concerned, results better be good and delivered before mid-January.  Manono is certainly a hot spot for lithium on the world stage.
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