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Andrada Mining, a critical raw materials producer with mining and exploration assets, has announced an updated Mineral Resource Estimate (MRE) for the V1V2 pegmatite at the Uis tin mine.
The update on the MRE incorporates analytical results from the final 16 drill holes of the 2022 drilling programme, as well as a volume depletion surface as at 30 August 2024.
“This updated resource estimate is another positive step toward our goal of being a premiere African producer of tin, lithium and tantalum. Our exploration team has once again demonstrated that the V1V2 pegmatite has significant lithium potential, shown by increases in both the average lithium grade and contained metal tonnage.
“Critically, this updated resource also allows us to better quantify the potential lithium concentrate credits we can generate alongside our tin production, optimising the overall project economics,” Anthony Viljoen, Chief Executive Officer at Andrada.
He said the updated MRE further enhances the project economics of the Uis mine operations and will enable the determination of a lithium mineral reserve.
