Wildcat Resources has recently revealed an updated mineral resource estimate for its Tabba Tabba lithium project in Western Australia. The company announced a mineral resource of 74.1 million tonnes, grading 1 percent lithium oxide at a cut off of 0.45 percent, totaling 740,200 tonnes of lithium. The updated estimate, released on November 28, indicates that 94 percent of the resource is categorized as indicated.
Key Points about the Tabba Tabba Lithium Project:
- The project’s tantalum resource has surged by 278 percent to 1.28 million pounds of contained tantalum pentoxide from 1.2 million tonnes grading 428 parts per million at a 200 ppm cutoff.
- The mineral resource estimate is based on almost 115,000 meters of drilling, with 45 percent as diamond drilling, and includes various analysis techniques.
- Drilling at the project commenced in July 2023, following Wildcat’s acquisition announcement.
Situated just 80 kilometers away from Port Hedland, the world’s largest bulk export port, Tabba Tabba benefits from its strategic proximity to crucial infrastructure and established lithium operations. The project includes mining leases previously used for tantalum production, most recently in 2015, and is in close proximity to major hard-rock lithium mines like Pilbara Minerals’ Pilgangoora mine and Mineral Resources’ Wodgina mine.
Wildcat’s future plans for the project involve completing the pre-feasibility study, advancing ore reserve estimation, obtaining project approvals, and conducting various tests and studies.
Conclusion:
Wildcat Resources’ recent unveiling of the updated mineral resource estimate underscores the company’s significant progress in developing the Tabba Tabba lithium project. With a substantial increase in the tantalum resource and strategic location near key infrastructure, Tabba Tabba holds tremendous potential in the Australian lithium market. Stay tuned for further developments and updates by following us on @INN_Australia for real-time news updates!
Leave feedback about this