Sign up Australia
Proactive Investors - Run By Investors For Investors

Tawana Resources delivers positive lithium test work at Bald Hill

The test work highlights the potential to increase lithium production during 2018.
lithium
Bald Hill remains on track for commissioning in Q1 2018.

Tawana Resources N.L. (ASX:TAW) has revealed encouraging metallurgical test work results from its Bald Hill lithium and tantalum mine located in the Eastern Goldfields of Western Australia.

Following the company’s pre-feasibility study, the metallurgical test work has been focused on ore fines (grains of around 0-10 millimetres in size).

The test work on ore fines delivered positive results from both fine DMS (dense media separation) and flotation tests, highlighting the potential to increase the proposed lithium production during 2018.

The three-stage sighter flotation test work returned a recovery to concentrate of 83% at a concentrate grade of 4.7% lithium.

The average production rate in Tawana’s pre-feasibility study was circa 150,000 tonnes per annum of spodumene concentrate.

Interestingly, based on a 70% recovery, the Phase 2 DMS has the potential to increase spodumene production by 25% with a combined Phase 1 and Phase 2 DMS recovery of about 82.5%.

Bald Hill remains on track to commence commissioning in the first quarter of 2018.

Tawana’s share price increased circa 27% in the past six months, closing at $0.215 on Wednesday.

View full TAW profile View Profile

Tawana Resources NL Timeline

Related Articles

1528483472_tinka-workers---great-pic.jpg
June 27 2018
In April this year, the group said it was fully funded for exploration at the project for the next 18 months
1523390152_MawsonTruck.jpg
April 11 2018
The group kicked off, in January, a 15,000m winter drill program at Rajapalot
map showing Cobalt belt in East Ontario with projects marked
August 15 2018
A historical 8-tonne bulk sample from the Mulligan project averaged 10% cobalt grade.

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use