PREM great orogress9 Nov 2022 12:02
DYOR....
Premier African Minerals Ltd was established to acquire and develop mineral properties across Africa, especially in West and Southern Africa.
The company aims to deliver regional economic development through its investments to unlock multi-transaction earning potential for shareholders and stakeholders.
Premier has exposure to a wide range of commodities, including tungsten, lithium and tantalum, and rare earth elements as well as potash and limestone.
How it is doing
20 Oct 2022
Premier African Minerals Ltd (AIM:PREM) said multiple thick high-grade zones were intersected at its Zulu lithium and tantalum project in Zimbabwe.
The assay results also indicated that the mineralisation in the main pegmatite ore body, which lies north and south of the Machakwe River, is almost exclusively spodumene with little to no petalite.
This effectively means that the lithium reported in the assay results is contained in spodumene, and by extension the lithium reported in Premier’s resource statements related to the main ore body is indicative of the spodumene content, said chief executive George Roach.
“Whilst the pilot plant will need to demonstrate the recoveries, test work completed in 2017 by Anzaplan, indicated an 80% plus recovery. In effect, it will be possible to draw a direct relationship between lithium contained in the deposit and the gross contained spodumene.”
https://www.proactiveinvestors.co.uk/companies/news/219659/premier-african-minerals-on-the-front-foot-after-zulu-permit-219659.html
Just a reminder as to the progree PREM has achieved.
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