Last checked at 7 Nov 2023 07:00
7 November 2023
Updated Investor Presentation
Zanaga Iron Ore Company Limited ("ZIOC" or the "Company") (AIM: ZIOC), is pleased to announce that an updated investor presentation has been uploaded to the Company's website and can be accessed using the following link: Zanaga Investor Presentation Link
The investor presentation includes further information on the Company's Feasibility Study update process with its Chinese EPC Partner, particularly highlighting the significance of this exercise being conducted to a 'feasibility study' level of accuracy, versus previous re-costing exercises which were conducted to only 'concept level' accuracy.
The Company expects to also benefit from its Chinese EPC Partner's ability to secure lower Chinese contractor pricing, as well as specialised design and construction expertise in slurry pipeline projects as well as iron ore pellet feed concentrate projects similar to the Zanaga Project.
The investor presentation also includes further information on the Company's corporate strategy (announced in September 2023) which seeks to advance key milestones and objectives through to the end of Q1 2024, including:
· Feasibility Study update - End 2023
· Hydro power partnership - Q1 2024 (Memorandum of Understanding)
· Port partnership - Q1 2024 (Memorandum of Understanding)
· Strategic partner initiative - Q1 2024 (Memorandum of Understanding)
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For further information, please contact:
Zanaga Iron Ore
Corporate Development and Andrew Trahar
Investor Relations Manager +44 20 7399 1105
Liberum Capital Limited
Nominated Adviser Scott Mathieson, Kane Collings
and Corporate Broker +44 20 3100 2000
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About us:
Zanaga Iron Ore Company Limited (AIM ticker: ZIOC) is the owner of 100% of the Zanaga Iron Ore Project based in the Republic of Congo (Congo Brazzaville). The Zanaga Iron Ore Project is one of the largest iron ore deposits in Africa and has the potential to become a world-class iron ore producer.