RE: Togo report23 Jul 2018 17:29
Translated..
Manganese: life-size test in Nayega The mine, according to geological studies, has great potential
The British company Keras Ressources controls 85% of Société Générale des Mines (SGM), which itself has a manganese exploration license in Nayega (northern Togo).
Nayega has the double advantage of having high potential and offering low extraction costs.
According to the geological surveys carried out on 92,930 hectares, the manganese values go up to 39%, higher than the initial estimates.
Manganese is used for the preparation of alloys such as steel, aluminum, batteries or fertilizers.
Keras announced Monday in a statement that it has obtained permission to undertake a bulk sampling metallurgical test program.
The work includes the treatment of 10,000 tonnes by a major manganese alloy producer to assess the quality of the ore in its smelting facilities.
The test, estimated at $ 1.5 million, is fully end-user funded.
"In recent months, we have engaged in constructive discussions with the Ministry of Mines and other regulatory agencies in Togo on how to make Nayega a profitable mine. The agreement given for the large-scale bulk sample is a significant step in the discussions with the authorities, "said Russell Lamming, Keras CEO.