Solid Resources Ltd. (TSXV:SRW,OTCQX:SLDRF,FWB:YRS) reported assay results from its Alberta-1 (Doade-Presqueiras) property that is located in Spain. Results included 11.25m averaging 143 ppm tantalum.
As quoted in the press release:
In total, eighteen holes were drilled for a total of 1,570.2 meters. The systematic geological continuity and consistency found in the mineralized pegmatite dykes allowed for the reduction of the number of drill holes originally scheduled in order to meet the measured reserve requirements for permit application. In total, eighteen holes were drilled for a total of 1,570.2 meters.
Solid Resources Ltd. President and CEO, Greg Pendura said:
This latest drill program is on time and below budget. With economical average grades of 800 ppm of tin, 110 ppm of tantalum and 0.5% lithium, we are anticipating making our submission to the Spanish Mining Authority by the end of February, 2013. We are excited about entering the final phase of the project and working towards the implementation of a commercially viable mining operation once this permit has been obtained.
There Is No Guide to Critical Metals Investing That is More Concise, Clear and Authoritative.Download this FREE Special Report, Investing in Today’s Critical Metals – Context for Lynas News and Molycorp News.