|
Andrada Mining Ltd - African technology metals mining company with a portfolio of mining and exploration assets in Namibia - Says that it has produced high-grade lithium spodumene concentrate from its Lithium Ridge licence, which is 35 kilometres southeast of the town of Uis in Namibia. High-grade spodumene concentrate, at a grade of 6.8% lithium oxide, was produced from two Lithium Ridge exploration samples through laboratory-scale flotation. Adds that the flotation test work achieved a lithium oxide recovery of 76%. Chief Executive Officer Anthony Viljoen says: ‘Based on these results, we will proceed with the next phase of exploration drilling, metallurgical test work and mineralogical characterisation. This will increase geological and metallurgical confidence as well as establish a maiden mineral resource estimate over Lithium Ridge. We are encouraged by the progress towards our strategy of building a large-scale lithium production base.’ Current stock price: 5.68 pence, up 3.2% on Tuesday 12-month change: up 30% Copyright 2023 Alliance News Ltd. All Rights Reserved.
|
