Tantalex Resources Corporation Begins its Work in ROC
07.04.2015 | Marketwired
TORONTO, ONTARIO and FRANKFURT, GERMANY -- (Marketwired - April 7, 2015) - TANTALEX Resources corporation (CSE:TTX) (FRANKFURT:1T0) (the "Company"), is pleased to announce the start of its tantalum (Ta205) extraction operations in the Republic of Congo (the "ROC").TANTALEX began extraction operations in the North part of ROC with a team of approximately 20 workers as well as local geologists and management currently on site. Ongoing monthly extraction is initially set between 600 to 800 kilos of ore in order to test workflows, certification procedures, traceability technology and logistical systems.
The onsite team is concurrently working on the installation and the start-up of semi-industrial equipment and the necessary infrastructure with the goal to increase the extraction output numbers to sustainable commercial levels in the short term.
Initial quantities (5kg) of ore were already delivered to the Company's customers for quality assessment and testing.
TANTALEX has also hired ALS GLOBAL (www.alsglobal.com) at Johannesburg and Vancouver, one of the world's largest and most diversified testing services providers, to conduct independent product quality testing.
The monthly extraction output is currently being stockpiled at the site in sealed shipping container as per certification of origin procedures.
About TANTALEX Resources Corporation
TANTALEX is a mining exploration and development company engaged in the acquisition, exploration and development of Tantalum and Niobium properties in Africa. The Company is listed on the Canadian Stock Exchange (symbol: TTX) and the Frankfurt Stock Exchange (symbol: 1T0).
Cautionary Note Regarding Forward Looking Statements: The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although TANTALEX believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, TANTALEX disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
Contact
North America
TANTALEX Resources Corporation
Dave Gagnon, Chief Executive Officer
+1 514-394-7476
dg@tantalex.ca
Kyle Appleby, Chief Financial Officer
+1 416-417-9176
ka@tantalex.ca
Europe: General Research GmbH
Georg Hochwimmer
+49 89 25004330
hochwimmer@generalresearch.de
