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IN BRIEF: Andrada begins exploration programme at Brandberg West

ALN

Andrada Mining Ltd - African technology metals mining company with a portfolio of mining and exploration assets in Namibia - Confirms that it has begun an initial exploration programme for the Brandberg West exploration licence in Namibia. Historically, the mine produced tin and tungsten, with strong indications of copper mineralisation. Andrada has started a programme which includes the evaluation of the polymetallic mineralisation of the historical opencast operation, and an investigation of the mineralised extensions beyond the previously mined site. Adds that it has plans for a 3,000 metre drill programme, starting in the second half of this calendar year.

Chief Executive Officer Anthony Viljoen says: ‘The exploration programme will enable us to determine the extent of the mineralisation in and around the Brandberg West mine. The project provides an exciting opportunity for us to duplicate the development process we have successfully implemented at Uis, by taking it from an abandoned historical operation, into a fully-fledged producing mine. The historical figures show that EPL5445 has the potential to double the current volume of tin concentrate produced at Uis and add Tungsten to the expanding list of metals produced by Andrada. The Erongo region continues to prove itself to be an untapped technology metals province, and we are excited to be commencing work on what we believe will be another world class technology metals asset.’

Current stock price: 6.15 pence, down 1.6% in London on Thursday

12-month change: up 41%

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