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'Very encouraging signs' at Premier African Mineral Limited's Zulu project in Zimbabwe

Premier African Minerals Limited (LON:PREM) has recorded significant lithium grades from its latest drilling at its Zulu lithium and tantalum project in Zimbabwe. Chief executive George Roach tells Proactive: ''We are very excited that every hole that we have drilled so far - we're on the 9th and 10th holes at the moment - every one has intersected what is massive, visible, enriched Lithium-bearing pegmatite material''.
He added ''we're obviously rushing through sample preparation, which we're doing ourselves in Zimbabwe and then getting out material for assays as quickly as we can.''
'''Generally, very excited ... we also reported some significant tantalum grades and that of course just adds to the very encouraging signs we're seeing at this project at the moment ''.

Quick facts: Premier African Minerals Ltd

Price: 0.0625 GBX

Market: AIM
Market Cap: £7.15 m

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Premier African Minerals Ltd gets its hands on 'exciting' limestone deposit

Premier African Minerals Ltd (LON:PREM) has completed the acquisition of a majority stake in TCT IF, a limestone and logging operation in Mozambique. Chief executive George Roach tells Proactive: ''This is an extensive limestone deposit ... and early test work we've done indicates...

on 10/31/2016

2 min read