Saxony, Germany – [21 Feb 2024 07:00] – Zinnwald Lithium plc is thrilled to announce a significant upgrade to its Mineral Resource Estimate (MRE) at the 100% owned Zinnwald Lithium Project in Saxony, Germany.
Key Highlights:
445% increase in tonnage and 243% increase in contained lithium in Measured and Indicated categories compared to 2018 MRE.
Second largest hard rock lithium resource in the EU by both size and contained lithium.
The inclusion of a broader mineralized granite zone boosts potential production rates and project economics.
CEO Quote:
“This substantial increase in our Mineral Resource establishes Zinnwald as a strategically important project of scale within the EU,” said Anton du Plessis, CEO of Zinnwald Lithium. “The wider mineralized zone allows for more efficient mining techniques, potentially further increasing lithium production beyond our 2022 PEA projections.”
Additional Notes:
The updated MRE incorporates 26,911 meters of new drilling across 84 holes and a revised geological model.
The statement was prepared by Snowden Optiro Ltd in accordance with NI 43-101 standards.
About Zinnwald Lithium plc
Zinnwald Lithium plc is a European-focused lithium company developing the Zinnwald Lithium Project, with the goal of becoming a leading domestic supplier of lithium hydroxide to the European battery industry.
LATEST NEWS
-
LEAG Plans Construction of Hydrogen-Ready Gas Power Plant in Eastern Germany
03/05/2024
-
Uzbekistan’s Ambitious Rare Earth Investment Plans
03/05/2024
-
Central Asia’s Green Energy Revolution: Unveiling Turkmenistan’s Potential
03/05/2024
-
Central Asia’s Geological Resources Poised for Global Impact
03/05/2024
MOST POPULAR
-
Italy has offered Metinvest, owned by Rinat Akhmetov, the opportunity to rebuild a steel plant in Taranto.
-
Irkaz Metal Corporation Plans Expansion of Copper Smelting Plant in Kazakhstan
-
14th MINEX Kazakhstan Forum in Astana: Sustainable Development in Mining Industry Takes Center Stage
-
From extraction to processing