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Tyranna Concentrate on Lithium

8 March 2023 05:56
ASX: TYX

Tyranna Resources look to make good on the Naimbe Project’s promise, having successfully produced exceptional lithium concentrates at grades exceeding 6% Li2O while keeping iron impurities below 0.11 per cent Fe2O3.

The concentrates also boast an exceptional recovery rate of 80-82 per cent Li2O, compared to the average of 55 to 65 per cent compared to other spodumene recoveries.

Combing the high grades, exceptional recovery and low iron content in the results have opened the door for Muvero to become a source of high-grade direct shipping ore.

Spodumene concentrates were able to be produced from 12mm or 8mm crushes, much coarser than concentrates from other deposits, and if combined with DMS processes, this course crush could produce very high-quality concentrates at a lower cost than other processes.

The Company said that these results are highly encouraging and confirm the potential for the Namibe Lithium Project to produce very high-quality spodumene concentrate.

“Results such as these are exemplary and demonstrate the potential of the Namibe Lithium Project to be a source of high-quality spodumene concentrate and highlights the potential for Direct Shipping Ore,” Technical Director Peter Spitalny said.

“The remainder of the year will be dedicated to finding and testing additional prospects, follow-up work at the Muvero Prospect and moving towards resource definition.”

The Company is now preparing for further fieldwork at Naimbe in the lead-up to a follow-up drilling campaign expected to kick off in June at the latest.

TYX’s Australian Stock Exchange-listed share price is currently trading at 2c (5.56 am UTC+ 8 hours).

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