17 Aug 2017 15:18
 17 August 2017
Origo Partners plc
("Origo" or the "Company")
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Moly World Receives Mining Licence
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Origo is pleased to announce that its portfolio company Moly World Ltd ("Moly World") has been awarded a 30 year mining licence for its Mandal Project in Mongolia by the Mineral Resources Authority of Mongolia.
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The Mandal Project holds a large JORC resource of 203Mt in situ material at 0.126 per cent. Molybdenum and 0.026 per cent Tungsten. The resource covers a lateral area of approximately 900m and vertical extent of 500m from surface. Origo holds a 20 per cent. stake in Moly World which owns 100 per cent. of the Mandal Project through its subsidiary Mandal Moly. In addition, a subsidiary of Origo has an off-take agreement covering up to 20 per cent of all production from Mandal Moly while Origo holds an interest of between 5 and 20 per cent. in Moly World.
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For further information about Origo please visit www.origoplc.com or contact:
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Origo Partners plc Niklas Ponnert |  niklas@origoplc.com |
 Nominated Adviser and Broker Smith & Williamson Corporate Finance Limited Azhic Basirov Ben Jeynes |  +44 (0)20 7131 4000 |
 Public Relations Aura Financial Andy Mills |   +44 (0)20 7321 0000 |
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Certain of the information contained in this announcement is deemed to constitute inside information for the purposes of article 7 of Regulation (EU) 596/2014.
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