🕐14.07.08 - 11:53 Uhr

RESOURCE INCREASE AND UPGRADE



Please find attached Gippslands ASX - LSE/AIM release regarding the increase and upgrade of resources at the Companys Abu Dabbab tantalum-tin project resulting from the recently completed diamond drilling programme.  

The drilling programme has been an outstanding success as it has produced an 11% resource increase with 73% of the resource now categorised as Measured and Indicated, while the global tantalum pentoxide grade has increased from 243g/t to 250g/t.  These results further underpin the robustness of the Abu Dabbab project whilst reinforcing Gippslands position in becoming a major supplier to the global tantalum industry.

Also attached is a copy of a recent article in which Talison Minerals, presently the worlds largest producer of tantalum raw materials, is reported as having notified its customers of a potential 80% tantalum price increase.  This article was authored by Mr Denis Zogbi, publisher of the North American magazine Passive Component which reports to the global electronics industry.  Please CLICK HERE to view the article in full.

Best regards
Jack Telford
Executive Chairman
Gippsland Limited

www.gippslandltd.com 

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