Bald Hill Mine, WA

  • Tawana acquiring the right to earn a 50% interest in lithium rights at Bald Hill mine, WA, subject to shareholder approval
  • Potential to earn a 50% interest in all minerals and infrastructure at Bald Hill with further expenditure
  • Project comprises four mining leases, 16 exploration/prospecting licences and five applications totalling 791.3km2
  • A number of Spodumene-rich pegmatites discovered at Bald Hill however AMAL produced spodumene-rich byproduct concentrates up to 6.73% Li2O during commission of the original tantalum plant and partial mined for tantalum. Spodumene was not recovered during the AMAL mining however.

Cowan Lithium Project, WA

  • The 159Km2 Cowan Project covers a 26km strike of two rare earth pegmatite belts
  • Project Area is located 50km south-east of Kambalda, Western Australia and about 75km south-east of the Mt Marion Lithium Project
  • Adjacent to Bald Hill Mine and gravity plant, in which Tawana has entered an agreement toacquire 50% of lithium rights for the project and potential to acquire 50% interest in all project minerals and infrastructure
  • Project is drill ready, allow rapid understanding of resource potential
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Uis Lithium Project, Namibia

  • Giant pegmatite tailings stockpile estimated to be 20 million tonnes dervied from the one of the largest Pegmatite tin mines in the world
  • Initial sampling has indicated potentially attractive lithium grades
  • Low-cost initial drilling and metallurgical testwork being finalised
  • Low capex due to favourable location and infrastructure
  • Could be taken to production within a relatively short time period
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