14th Sep 2021 18:17
Kazera Global PLC - investment company - Receives two reports on economic suitability of lithium and feldspar in Namibia in which Tantalite Valley mine pegmatites were featured as samples for the study.
Study demonstrates that the lithium samples taken from the mine are of a chemical composition which deemed them chemical grade for the battery industry and technical grade for the glass industry.
In addition, the feldspar samples taken from the mine indicate high quality feldspar which a composition suitable for glaze, pottery and colour glass.
"We are extremely appreciative and excited to have received support from both the Namibia Minister of Mines and BGR. Both groups made multiple site visits to our Tantalite Valley Mine accompanied by very senior geologists from both groups," says Joint Chief Executive Officer Larry Johnson.
"TVM continues to demonstrate multiple value opportunities for the company and, with mining due to restart again shortly, we look forward to realizing potential this in the very near future," Johnson adds.
Current stock price: 1.34 pence, down 12%
Year-to-date change: down 6.3%
By Dayo Laniyan; [email protected]
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