1 Jun 2012 16:00
BERKELEY MINERAL RESOURCES PLC
("BMR" or the "Company")
KABWE UPDATE
Further to comments made in a recent press interview, Berkeley Mineral Resources Plc, the AIM-listed mining and processing company, confirms that it is in advanced negotiations with interested parties which may lead to an off-take agreement being entered into.
The interested parties would be expected to make a major contribution to the development of appropriate mineralogical and metallurgical technology to exploit the zinc and lead resources at Kabwe.
Whilst discussions are well advanced, there is no certainty that an agreement will be concluded.
The Company will make further announcements as appropriate.
01st June 2012
For further information please contact:
Berkeley Mineral Resources Plc
Masoud Alikhani, Chairman
020 7408 1181
Seymour Pierce
Stewart Dickson / Jonathan Wright (Corporate Finance)
Jeremy Stephenson / Richard Redmayne (Corporate Broking)
020 7107 8000
Lothbury Financial Services
Michael Padley /Gary Middleton020 7868 2010