Nyota Minerals Regulatory News (NYO)

24 Apr 2007 13:52

Dwyka Resources Limited24 April 2007 DWYKA'S DIAMOND TAILINGS PROJECT EXCEEDS DESIGN CAPACITY OVER 56,000 TONNES PROCESSED IN MARCH Dwyka Resources Limited ("Dwyka" or the "Company") is pleased to announce thatits Kimberley tailings re-treatment operation continues to improve as thede-bottlenecking program continues. The plant was designed with a nameplatecapacity of 50,000 tonnes per month. However, optimisation of the materialbalance through the plant is progressively improving the utilisation ofcomponents capable of exceeding design throughput. The record 56,029 tonnes of kimberlite tailings processed in March resulted inthe recovery of over 3,000 carats of diamonds. Daily plant throughput data forthe current month available as at the date of this announcement indicates thatoverall tonnages for April should exceed the March figures. The plant is operated by Superkolong (Pty) Ltd, Dwyka's 70% owned South Africansubsidiary, the remaining 30% of which is owned by Kolong Investment Holdings(Pty) Ltd, Dwyka's Black Economic Empowerment ("BEE") partner. Melissa Sturgess, Dwyka's CEO, said today: "The Kimberley team have workedtirelessly to achieve this goal and it is a credit to all of them. It is asuccess for Dwyka and a considerable benefit to the community as it provideslocal employment opportunities and enhances the benefits provided by BEE". For further information please contact: In Australia Melissa Sturgess/Adrian Griffin Dwyka Resources Limited (+618) 9324 2955 In United Kingdom Richard Brown Ambrian Partners Limited (+44) 20 7776 6417 Or visit: http://www.dwyresources.com This information is provided by RNS The company news service from the London Stock Exchange