AMN - ZIMBABWE: Production restarts at RHA tungsten project

Premier African Minerals, the AIM-traded, multi-commodity mining and natural resource development company focused on southern and western Africa, provides an interim update on progress at the RHA tungsten project in Zimbabwe. Premier is the operator and holds 49%.

Highlights:

- Re-equipping of the 120 metre vertical shaft is complete. Final inspection and a return to operations is expected this week

- Mining operations on the 870 level have

- Plant operations are expected to resume this week.

-  Appropriate Process Technologies (APT) has now completed an agreement with Premier to complete plant upgrades by the 6 July 2016. APT has confirmed to Premier that it has ordered the necessary equipment.

Premier African Minerals CEO George Roach says: "Mining operations have restarted and production has resumed. The recent significant improvements in the price of ammonium para-tungstate and the developments outlined above support the company’s confidence that RHA will generate positive operational cash flow (before capital expenditure and working capital) in due course. Premier expects to provide further updates on RHA in the coming weeks regarding progress on updating resources, through-put, mining grade and anticipated revenues."

RHA is located in an area of historic production, approximately 270 km northwest of Bulawayo. The deposit is approximately 800 metres in strike length and 300 metres wide. Historic non-compliant Exploration Target estimates of the surface open-pit, low grade mineralisation, as well as low grade overburden and higher grade underground resources below the 926 metre level, suggest that about 100,000 tonnes of ore may be available, grading at 0.75% WO3.

www.premierafricanminerals.com

News courtesy of International Mining