Keras Resources PLC - mineral resource company - Announces an update on progress at the Diamond Creek high-grade direct shipping ore, organic phosphate mine in Utah, US and the Nayega Manganese mine in Togo, West Africa. Keras has the right to earn into a controlling 51% interest in Diamond Creek following its acquisition of Falcon Isle Holdings LLC and has an 85% interest in Societe Generale de Mines SA which holds the Nayega exploration permit. Keras said it dispatched first commercial production of organic phosphate product from Diamond Creek to customer. Meanwhile, exploration at Ogaro prospect - a part of Nayega - will recommence on Monday next week.
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By Evelina Grecenko; evelinagrecenko@alliancenews.com
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Keras Res (KRS)