08:00 Wed 03 May 2017
Premier African Min - RHA/Zulu Update
For immediate release
("Premier" or the "Company")
RHA/Zulu Update
Drilling continues at the Zulu lithium and tantalum project with the direct objective of increasing our interim maiden resource that is expected to cover a limited length of the so far known 3.5 kilometre strike length. Drilling has been interrupted from time to time with ongoing and unseasonal heavy rains but this is now expected to end as winter approaches for this region. Mineralisation continues to be encountered as anticipated and exceptional results will be released as and when they are available. In addition, we are commencing a Mobile Metals Ions ("MMI") survey which is an innovative soil geochemical survey to detect hidden mineralisation in areas where the mineralisation isn't outcropping."
Qualified Person:
Forward Looking Statements:
Certain statements in this announcement, are, or may be deemed to be, forward looking statements. Forward looking statements are identified by their use of terms and phrases such as ''believe'', ''could'', "should" ''envisage'', ''estimate'', ''intend'', ''may'', ''plan'', ''will'' or the negative of those, variations or comparable expressions, including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. Such forward looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements including risks associated with vulnerability to general economic and business conditions, competition, environmental and other regulatory changes, actions by governmental authorities, the availability of capital markets, reliance on key personnel, uninsured and underinsured losses and other factors, many of which are beyond the control of the Company. Although any forward-looking statements contained in this announcement are based upon what the Directors believe to be reasonable assumptions, the Company cannot assure investors that actual results will be consistent with such forward looking statements.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Enquiries
|
|
Tel: +44 (0)7734 922074 |
|
(Nominated Adviser) |
Tel: +44 (0) 207 628 3396 |
|
|
Tel: +44 (0) 207 408 4090 |
|
|
Tel: +44 (0) 20 7382 8300 |
|
|
Tel: +44 (0) 7747 788221 |
Notes to Editors:
The Company has a diverse portfolio of projects, which include tungsten, rare earth elements, gold, lithium and tantalum in
ENDS
This information is provided by RNS
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of...
FOR OUR FULL DISCLAIMER CLICK HERE