Andrada reports strong drill results from Namibia project
Aim-listed Andrada Mining has announced the results of a second batch of diamond drilling from its Lithium Ridge project, in Namibia, saying the results continue to confirm the presence of consistent high-grade lithium mineralisation from surface to depth.
These results further strengthen confidence in the scale and continuity of the mineralised system, while also confirming the presence of associated tin and tantalum mineralisation, the company points out.
High-grade lithium mineralisation has been confirmed across multiple drill holes.
Following strong drill results, the Stage 1 programme under the earn-in agreement with Sociedad Química y Minera de Chile SA through its subsidiary SQM Australia has been extended by about 18% to 16 500 m, to more fully define the scale and continuity of the mineralised system.
These results continue to build a scenario that points to a large-scale lithium system within a well-established mining jurisdiction.
“These results continue to strengthen our understanding of Lithium Ridge’s pegmatite system, demonstrating consistent mineralisation across multiple drill holes. The combination of scale and grade emerging at this stage is particularly compelling.
“On the back of these strong results, we have expanded the drilling programme to more fully test the extent of the system and to deepen our understanding of its full value potential, with the objective of accelerating overall project development.
“Comprising multiple critical minerals, Lithium Ridge is developing into a potentially exciting project within our critical minerals portfolio in Namibia,” says CEO Anthony Viljoen.
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