Premier African Min - Report On Recently Acquired Mozambique Tenement
For immediate release
Report on site visit Recently Acquired Mozambique Tenement
· Extensive current and historic artisanal gold mining activity in the immediate area and extending onto our tenement
· Widespread evidence of eluvial, alluvial and primary gold mineralisation
· Visible gold in multiple locations
Premier will examine available redundant equipment at RHA Tungsten (Pvt) Pvt ("RHA") that was removed from the RHA process plant at the time the XRT was installed and if suitable, this could be the basis for a small recovery plant to operate in conjunction with the exploration programme that will need to be undertaken. Samples have been collected and assay results will be published as soon as they are received.
I do note that there are potentially very good exploration tenements for gold in a number of other African jurisdictions and Premier will investigate these opportunities".
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Tel: +27 (0) 100 201 281
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Tel: +44 (0) 20 7628 3396
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Tel: +44 (0) 20 7408 4090
Notes to Editors:
The Company has a diverse portfolio of projects, which include tungsten, rare earth elements, lithium and tantalum in
In addition, the Company holds a 19% interest in
Glossary of Technical Terms:
A placer deposit formed by the action of running water, as in a stream channel or alluvial fan; also said of the valuable mineral, e.g., gold or diamond, associated with an alluvial placer.
An incoherent mineral deposit, such as a placer, resulting from the decomposition or disintegration of rock in place. The material may have slumped or washed downslope for a short distance but has not been transported by a stream.
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