Gippsland Ltd. reported that ore reserves at the Egyptian Abu Dabbab tantalum-tin project have now doubled to 30.24 million tonnes from 14.60 million tonnes, grading 255 grams per tonne of tantalum pentoxide and 0.109 percent tin. This is an estimated 107 percent increase in total ore reserves.

Executive chairman Jack Telford said:

This massive increase in the project’s ore reserves plus the attractive new waste:ore ratio of 0.826:1, will provide the global tantalum market, investors and project financiers with increased confidence in the project which is set to become a dominant player in the global tantalum supply chain

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