Lithium Ore Reserves Double at Bald Hill

Joint venture partners Tawana Resources and Alliance Mineral Assets announced today a 105% Reserve upgrade for the Bald Hill Lithium‐Tantalum Mine located in the eastern goldfields of Western Australia The Reserve upgrade reflects pit design changes resulting from increases to Indicated Resources following infill drilling completed in the second half of 2017. The Total lithium Resources of 26.5Mt at 1.0% Li2O now supports 9 years of production. The JV partners are currently reviewing options for significant expansion in processing capacity and concentrate production.
Tawana Managing Director Mark Calderwood said: “The increased Reserves along with the potential for additional Reserves resulting from infill drilling of Inferred material, provide strong support for significantly increasing processing throughput rates. We are actively reviewing the options to best increase throughput in the existing plant and/or add an additional DMS circuit and fines circuit. There has been strong interest from a number of parties to obtain concentrate supply from Bald Hill.”