Kazera Global PLC Lithium and Feldspar Suitability Evaluation (6203L)
14 Septiembre 2021 - 1:00AM
UK Regulatory
TIDMKZG
RNS Number : 6203L
Kazera Global PLC
14 September 2021
14 September 2021
Kazera Global plc
Lithium and Feldspar Economic Suitability Evaluation
Kazera Global plc, the AIM quoted investment company, is pleased
to report that, the Geological Survey of Namibia (GSN) in
collaboration with Bundesanstalt für Geowissenschaften und
Rohstoffe (BGR) (Federal Institute for Geosciences and Natural
Resources) of Germany has released two reports on the economic
suitability of Lithium and Feldspar in Namibia in which Tantalite
Valley Mine pegmamties featured as samples for the study.
These reports are available on the Ministry of Mines and Energy
website ( http://www.mme.gov.na/publications/?designation=gsn )
under Economic Geology.
The study demonstrated:
-- Lithium samples taken from the Mine are of a chemical
composition which deems them "chemical grade" for the Battery
Industry and "technical grade" for the Glass Industry
-- Feldspar samples taken from the Mine indicate high quality
feldspar with a chemical composition suitable for Glaze, pottery
and colour glass exist at the Mine.
The BGR-GSN-Project investigated various pegmatites in central
and southern Namibia regarding their mineral potential during
several field campaigns. Representative F eldspar and Lithium grab
samples were taken from these pegmatite occurrences for subsequent
chemical analysis and interpretation regarding their suitability
for economic application. Tantalite Valley Mine pegmatites were
among those sampled for this study.
Several samples were collected within the Mining Licence (ML77)
mainly from Purple Haze and White City which were were analysed at
BGR labs in Hanover, Germany through qualitative XRD, XRF and
ICP-MS. The results were analysed based on their applicability in
the various l lithium and feldspar consuming industries for which
information is available.
As part the study demonstrates, there is considerable economic
potential for feldspars and lithium at the
Mine as a constituent in the production of batteries, ceramics, and glass, among others.
The results for lithium samples shows a chemical composition
that meets the chemical requirements for "chemical grade" (Battery
Industry) and "technical grade" (Glass Industry) which is lithium
content > 1% Li2O, Fe2O3 content < 0.15% and Fluorine content
< 0.1%.
The results for Feldspar from White City indicate high-quality
feldspar with chemical composition suitable for Glaze (moderate),
pottery (good) and coloured glass (moderate)
With the Mine planning to put in an extension for the Flotation
Circuit, this will put African Tantalum (Pty) Ltd at a forefront
for lithium and feldspar mining as currently there is no lithium
and feldspar industry established in Namibia.
Larry Johnson, Kazera Joint Chief Executive Officer,
commented:
"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.
"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.
These reports show the potential of further mineralization at
TVM. Once we have added the flotation extension to the current
Tantalum Processing Plant it will allow us to not just run the
Lithium but the Feldspar as well.
We now will go back to take a specific look at our Phase l and
ll Drill Core analysis to add the resource concerning this Feldspar
and will add this resource to future Phase Programs."
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No. 596/2014 ('MAR').
For further information on the Company, visit: www. kazeraglobal
.com
Kazera Global plc (c/o Camarco) Tel: +44 (0)203 757 4980
Larry Johnson/Dennis Edmonds (Joint CEO's)
finnCap (Nominated Adviser and Joint Broker) Tel: +44 (0)207 220 0500
Christopher Raggett / Charlie Beeson (corporate
finance)
Camarco (PR)
Gordon Poole / James Crothers / Hugo Liddy Tel: +44 (0)20 3781 8331
**ENDS**
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