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Premier African Minerals Ltd - Africa-focused metals and mineral project developer - Says mineral resource estimate forecasts lithium oxide at 107,366 tonnes and the direct conversion of the contained lithium oxide to spodumene concentrate is 1,789,433 tonnes at Zulu lithium and tantalum project. Chief Executive Officer George Roach says: ‘This MRE supports the development of the Zulu mine on an expedited basis. It underlines our confidence in the medium and long-term future of this mine and further supports our view that Zulu has the stand-alone potential to develop a lithium sulphate plant. Work continues in the greater EPO area, and we have now identified areas of future potential mineralisation and secured those areas in the longer term under new mineral claims.’ Current stock price: 0.33 pence, down 9.7% 12-month change: down 43% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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