African Mining March - April 2019 | Page 12

African buzz Montero completes lithium estimates Canadian-listed Montero Mining and Exploration has completed a maiden lithium and tin mineral resource estimate for the Uis tailings project in Namibia. The Uis lithium tin tailings project consists of large coarse sands and fine slimes tailings deposits on surface. The tailings material represents the waste processed material derived from the Uis pegmatite tin mine and process plant prior to its closure in 1990. The NI 43-101 mineral resource estimate is based on the preliminary drilling programme of 63 air core drill holes on the coarse and fine tailings material located on the Uis mine site. The quantity and grade of coarse and fine material for six tailings deposits were estimated by ordinary kriging. Two commodities were considered in the estimation of the mineral resources: lithium (Li 2 O) and tin (S n O 2 ). Zone A represents the largest tailings deposit and contains coarse tailings material, while zones B to E and zone A finds represent the fine tailings material. 10 AFRICAN MINING MARCH - APRIL 2019 Canadian-listed Montero Mining and Exploration intends to mine historical tailings dumps at the Uis tin mine. According to Harwood, Montero’s initial resource estimate is reported as 14.4 million tonnes at 0.37% lithium as lithium oxide (Li 2 O) and 17.1 million tonnes at 0.05% tin as tin oxide (S n O 2 ). “Additional drilling, in-fill drilling, and metallurgical test work will be required to upgrade the inferred resource announced recently to an indicated resource. Montero will also be evaluating early production scenarios in tandem with upgrading the resource to meet expected lithium and tin demand,” says Harwood. b www.africanmining.co.za According to Dr Tony Harwood, president and CEO of Montero, the company will file the NI 43-101 mineral resource estimate on SEDAR and add this estimate to the company’s website within 45 days.