Tyranna Resources Confirms high-quality spodumene at Namibe, Angola
- Tyranna Resources (TYX) confirms the presence of high-quality spodumene mineralisation at its Namibe lithium project in Angola
- The company has received results from 50 rock chip samples, which returned an average grade of 3.21 per cent lithium oxide and a peak grade of 9.74 per cent lithium oxide
- Twenty-five samples contain spodumene, with 12 samples returning an average grade of 7.49 per cent lithium with very low levels of contaminants
- The company says it is highly encouraged by the economic potential of the project and will use the results to design its upcoming maiden drilling program
- Company shares are down 5 per cent to trade at 3.8 cents at 12:47 pm AEST