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IN BRIEF: Premier African to start Zulu production in February

Tue, 09th Jan 2024 11:47

Premier African Minerals Ltd - Africa-focused metals and mineral project developer - Says drill assay results at Zulu lithium and tantalum project in Zimbabwe show consistent spodumene concentrate grades as low as 4%. Results also show lithium oxide grades of 1.00% and 0.95%. Chief Executive Officer George Roach says: "Those surface trench and drill hole results, originating from the Southeast pegmatite, represent very good potential for this pegmatite that is adjacent but discrete from the main mining and pit developments underway at present." Adds it is on track to target revenue generating production by late February.

Current stock price: 0.22 pence, down 6.8%

12-month change: down 56%

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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