Haddington expected to boost Bald Hill tantalum resource

PERTH-based tantalite producer Haddington International Resources said it is set to announce a significant boost to the resource/reserve base of its Bald Hill tantalite project after delineating a new zone of mineralisation in the mine's Southern pit area.

The company said it expects to announce a new resource/reserve for the project within weeks, potentially adding significantly to its current six-year mine life.

Haddington managing director Colin McCavana said the drilling program had returned excellent results with high average grades which compared favourably with those of the existing resource base of 1.2 million tonnes at 479ppm Ta2O5.

"We are incorporating the new results into a new reserve/resource model, which should be available in early February," McCavana said.

"This will lay the foundations for a significant extension of the mine life and also give us increased flexibility for future production enhancements at Bald Hill."

A total of 1634m of RC drilling was completed in 28 holes ...