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Ann: Prospective Lithium Licence Approved In Namibia, page-7

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    Highly prospective Lithium licence approved in Namibia

    • Large footprint of more than 1,500km2 in the highly prospective and under- explored Orange River Pegmatite Belt of Namibia now held 100% by Walkabout.
    • Pegmatite swarms with a combined STRIKE LENGTH of 27 line kilometres and individual pegmatite bodies up to 2km in length have been delineated.
    • Recent work by others in the region has confirmed the presence of Lithium- Caesium-Tantalum (LCT) type pegmatites with grades > 1.6% Li2O reported from rock samples.
    • Brownfields mining area with legacy production from old tantalite and spodumene mines nearby.
    • Further opportunities to consolidate position in Namibia under negotiation.

    • Executive Chairman of Walkabout Resources, Trevor Benson commented; “The team has been working very hard at securing these premium unexplored licences with 27 kilometres of known pegmatite swarms running through them.
      Our intention is to assemble a pre-dominant holding for lithium prospectivity within Namibia and with these licences now underpinning such a program, this can quickly be realised.”
    More than 60 pegmatites for a combined strike length of
    approximately 27 line-kilometres of outcrop were mapped in
    various pegmatite clusters, with the largest outcrop being over   
    2km in strike length.
 
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