Stratmin Global Resources Regulatory News (STGR)

18 June 2015

StratMin Global Resources Plc

("StratMin" or the "Company")

Completion of Preliminary Scoping Report

StratMin (AIM: STGR), London's only listed graphite mining and production company, is pleased to announce the completion of a Preliminary Scoping Study for a new mine and expanded flake graphite production capacity at the Company's operations in Madagascar.

Key points:

· StratMin has completed a successful exploration program on the Mahefadok area adjacent to the company's existing Loharano mine and production facility.

· Testing has confirmed a large mineralised body with a strike extent of 1.5km which has had pitting and trenching across a 150m width.

· The deposit is of similar geological characteristic to the existing Loharano deposit from which the company is producing 94% Carbon in Graphite (CIG) flake graphite and is capable of sustaining a medium scale mine and processing plant.

· StratMin will proceed directly to a Bankable Feasibility Study for a 12,000 tpa high-grade flake graphite mine and processing plant.

· A drilling program will follow to produce a JORC 2012 compliant resource and to enable mine design, scheduling and plant engineering to be completed.

· StratMin has proven the technical capability of the company with production and sales of 94% GIC product from the existing Loharano operations and now has the platform in place for significant organic growth.

About the Exploration Program and Scoping Report

StratMin has a large tenement portfolio in Madagascar hosting JORC compliant resources in excess of 200,000 tons of natural flake graphite which are currently under production at Loharano. In addition, there are numerous identified graphite occurrences prospective for new mining operations.

The focus of the company to date has been the successful production of high-grade, large flake, graphite to meet the requirements of the Company's offtake partner. This technical goal has been achieved with the production of 94% GIC flake graphite from the existing plant and shipments are being made to the Company's offtake partner.

StratMin is now confidently moving forward with organic growth plans to expand mine and production capacity with a targeted new 12,000 tpa high-grade flake graphite operation adjacent to existing production facilities. Prior to investment in a full Bankable Feasibility Study it is imperative to have assurance that there is sufficient graphite bearing ore available to support a minimum ten year mine life. The exploration program that has been executed was designed to give management this assurance. The values of samples from pits and trenches at Mahefadok and the similarities to the resource at the adjacent Loharano deposit are detailed in the Preliminary Scoping Report and give management the necessary evidence to invest in a full Bankable Feasibility Study.

JORC definition drilling was not included in the Preliminary Scoping Report as this is preferably incorporated in the Bankable Feasibility Studies to more cost effectively include all the testing required for final mine design, scheduling and engineering works. The design of a follow up drilling program for this purpose has already commenced.

The next stage of this project is to complete the studies and independent verification required to a level that will enable the company to attract project finance for the expansion. This is a more thorough and detailed approach than was required for the current pilot plant, but is a necessary step to bring in significant project finance and avoid the dilution of equity funding expansion.

In parallel to this organic growth strategy the company has executed a complementary corporate growth strategy to propel StratMin into a mid-tier global graphite company. Information on this is contained in separate announcements.

Brett Boynton, StratMin's Managing Director, commented:

"The results of this successful exploration program demonstrate that StratMin can cost effectively add resources to the portfolio as required.

"Our approach is focused on risk mitigated growth with modular expansion of a size and scale we can comfortably control. We are just doing more of the same thing the team has proven successful at. We don't need to drill out massive resources, we know there is additional graphite in our portfolio and we will only invest capital proving it up as we need resources to meet expansion requirements. We understand that financiers need to see a minimum mine life and so we will meet those requirements to secure that source of lower cost capital for expansion.

"Over the long run I am confident this approach will enable StratMin to build a sustainable and scaleable, low cost, business, without taking on the commercial risk our peers have adopted."

Competent Persons Statements:

The information in this media release relates to the Preliminary Scoping Report of the Mahefadok Prospect and is based on information compiled by the following persons:

Mr Jannie Leeuwner - BSc (Hons) Pr.Sci.Nat. MGSSA (Consultant to StratMin Global Resources plc), "Author" is a full-time employee of Vato Consulting LLC. Mr. Leeuwner is a registered Professional Natural Scientist (Pr.Sci.Nat - 400155/13) with the South African Council for Natural Scientific Professional (SACNASP). Mr. Leeuwner has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and the activity being undertaken to qualify as a Competent Person as defined in the Note for Mining Oil & Gas Companies, June 2009, of the London Stock Exchange and the 2012 Edition of the 'Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' (JORC Code). Mr. Leeuwner consents to the inclusion of the information in this release in the form and context in which it appears.

Mr Jonathan Robbeson - BSc (Hons1), MEconGeol, (CP Geo) (Consultant to StratMin Global Resources plc), "Co-Author", is a full time employee Signature Gold Limited and is a registered Chartered Professional (Geology) with the Australian Institute of Mining and Metallurgy (AusIMM - 304542). Mr Robbeson has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and the activity being undertaken to qualify as a Competent Person as defined in the Note for Mining Oil & Gas Companies, June 2009, of the London Stock Exchange and the 2012 Edition of the 'Australian Code for Reporting of Exploration Result, Mineral Resources and Ore Reserves'. Mr Robbeson consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Enquiries

For further information please visit www.stratminglobal.com or contact:

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