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  3. Premier African Minerals Share Price
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  5. IN BRIEF: Premier African notes new mineral resource estimate for Zulu

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Share Price Information for Premier African Minerals (PREM)

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Share Price: 0.118
Bid: 0.117
Ask: 0.119
Change: 0.0031 (2.71%)
Spread: 0.002 (1.709%)
Open: 0.115
High: 0.121
Low: 0.1176
Prev. Close: 0.1145
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IN BRIEF: Premier African notes new mineral resource estimate for Zulu

Fri, 09th Feb 2024 11:22

Premier African Minerals Ltd - Africa-focused metals and mineral project developer - Says mineral resource estimate forecasts lithium oxide at 107,366 tonnes and the direct conversion of the contained lithium oxide to spodumene concentrate is 1,789,433 tonnes at Zulu lithium and tantalum project.

Chief Executive Officer George Roach says: "This MRE supports the development of the Zulu mine on an expedited basis. It underlines our confidence in the medium and long-term future of this mine and further supports our view that Zulu has the stand-alone potential to develop a lithium sulphate plant. Work continues in the greater EPO area, and we have now identified areas of future potential mineralisation and secured those areas in the longer term under new mineral claims."

Current stock price: 0.33 pence, down 9.7%

12-month change: down 43%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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