By-product and Metallurgical Process Development Programme

AfriTin Mining Limited (AIM: ATM), an African tech-metals mining company with a portfolio of mining and exploration assets in Namibia in tin, lithium and tantalum, with its flagship asset, the Uis Tin Mine (“Uis”) in Namibia, is pleased to provide an update on its by-product and metallurgical process development programme.

Highlights

• Density-based lithium beneficiation test work has achieved petalite concentrate grades in excess of 4% Li2O and within contaminant specifications for a typical saleable technical grade petalite product;
• The Company will proceed with the design and procurement of pilot lithium beneficiation facility;
• Test work successful in producing a high-grade, saleable specification tantalum concentrate (>24% Ta2O5); and
• The Company to proceed with the implementation of tantalum concentrating circuit.

Anthony Viljoen (CEO) Commented:

“The metallurgical test work results confirm the production potential of separate saleable lithium and tantalum concentrates. Implementation of these by-product streams could substantially transform the overall economics and unit cost of production for the current Phase 1 facility. More importantly, it provides an outstanding platform for the future large-scale Phase 2 facility with a planned production capacity of more than 8 times the current facility. By implementing the pilot phase development of these separate elements, the Company aims to take advantage of the burgeoning technology metals market by fast tracking the by-product streams into production.

We are encouraged by the rapid progress on our metallurgical test work programme in support of our goal of becoming a major player in the tech-metal mining sector.”

News in full

In the interview below, Anthony Viljoen provides an overview of the business and gives a snapshot of the tin market