TANTALEX RESOURCES CORPORATION REPORTS RESULTS

TANTALEX RESOURCES CORPORATION REPORTS RESULTS FROM INITIAL PHASE 1 DRILLING ASSAY RESULTS FROM 5 DUMPS AT MANONO LITHIUM TAILINGS PROJECT WITH BEST INTERCEPTS OF

  • 34m @ 0.88% Li2O from surface in MDA-059 on the G dump

  • 7m @ 1.22% Li2O from surface in MDC-056 on the K dump

Toronto, Ontario, February 8, 2022 – Tantalex Resources Corporation (CSE: TTX, FSE: 1T0) (“Tantalex” or the “Corporation”), is pleased to provide initial phase 1 assay results received from its 10,000m drilling program. Assays were completed by ALS in Ireland.

Analysis was done by method ME-ICP82b for lithium and method ME-MS81 for tin and tantalum. Drilling was performed on both the coarser material on the stacked dumps and the associated fine material on the terrace dumps using both aircore and shallow Cobra percussion gouge drilling. Drilling on the coarse stacked dumps was on a nominal 40m x 40m grid spacing and on the fine terrace dumps at 80m centres along 160m spaced lines (figures 1 and 2)

Assay results have been received from drill holes on 5 of the main dumps. Four of the dumps, G, H, I and K are from the Kitotolo Sector in the south west (figure 1). C dump, the fifth dump, isfrom the Manono Sector in the northeast (figure 2). Assays are pending from 11 holes on the E dump from the Manono Sector. Samples from the E dump have been in the lab since 25 January with results significantly delayed by COVID-19 staff shortages. Tables 1 and 2 provide a summary on number of aircore and shallow Cobra percussion gouge holes and total meterage drilled for each dump.

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