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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