Shaakichiuwaanaan Achieves Landmark Tantalite Production at CV5: Namibia's Mining Future Shines Brighter

Shaakichiuwaanaan (Pty) Ltd. is thrilled to announce a pivotal moment in its journey, having successfully produced marketable tantalite concentrates from its prolific CV5 Deposit. This remarkable achievement, accomplished within an astonishing ten days of commissioning the processing plant, marks a significant milestone not just for the company, but for Namibia’s burgeoning mining sector.

The concentrates produced boast an impressive grade of over 30% Ta2O5, a testament to the quality of the CV5 deposit.

Critically, these concentrates exhibit extremely low levels of deleterious elements, with combined uranium and thorium content recorded at less than 200 parts per million (ppm). This exceptional purity positions Shaakichiuwaanaan’s product as highly desirable for direct marketing to off-takers and end-users worldwide, bypassing the need for further complex processing.

Located strategically with excellent access to essential infrastructure including power, water, and well-maintained road networks, the CV5 Deposit offers inherent operational advantages.

This favorable positioning contributes significantly to the economic viability and efficiency of the mining operations, underscoring Shaakichiuwaanaan's commitment to optimizing resource extraction.

The CV5 Deposit is an integral part of the larger Shaakichiuwaanaan project, which already boasts a substantial JORC Mineral Resource estimate of 70.9 million tonnes at 325 ppm Ta2O5, containing 23,000 tonnes of Ta2O5.

The successful production of concentrates from CV5 now paves the way for a comprehensive feasibility study, which will further refine and solidify the project's economic parameters and operational strategies. This study is expected to provide a clear roadmap for expanding production and maximizing value.

Shaakichiuwaanaan (Pty) Ltd.

remains dedicated to its vision of sustainable and responsible mining practices, contributing positively to Namibia’s economy and creating long-term value for all stakeholders. This achievement at the CV5 Deposit is more than just a production milestone; it’s a powerful affirmation of the company's technical prowess, operational efficiency, and unwavering commitment to unlocking Namibia's rich mineral potential, setting a new benchmark for excellence in the region.