I remember having a look at this one a while back and came across some interesting findings incase anyone is interested:
Uis Lithium Project is located less than 2.5km from the operating Uis Mine owned by AfriTin Mining plc (LSE. ATM),which hosts a JORC (2012) mineral resource of 71.54Mt @ 0.63% Li2O, 0.134% Sn and 85ppm Ta
The market cap of AfriTin Mining is only ~$100M AUD (take into consideration that they have multiple projects including Tin)
I found it funny that they're promoting the nearology / being very close to a poor quality lithium deposit
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The 2 main lithium projects in Namibia are Lepidico’s Karibib Project and AfriTin Mining’s Uis Tin Mine
If im not mistaken Lepidico specializes in lepidolite?
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There's also the new Omaruru lithium project in Namibia (PSC's project). They had these early results:
Omaruru hosts multiple LCT-style pegmatites at surface confirmed by several walk-up targets where previous drilling has returned outstanding intercepts including:
3m @ 0.76% Li2O from 2m (KBR001)
10m @ 1.06% Li2O from 2m (KBR002)
8m @ 1.20% Li2O from 145m (KBR006)
7m @ 1.09% Li2O from 24m (KBR007)
7m @ 0.94% Li2O from 34m (KBR007)
23m @ 0.99% Li2O from 130m (KBR007)
17m @ 0.59% Li2O from 34m (KBR009)
2m @ 0.60% Li2O from 59m (KBR009)
So we can also see there there's a lot of low grade hits
You can't really write off the whole country but its not giving me good vibes about the potential for high grade spodumene in Namibia. Just something to be aware of.
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