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Premier African Minerals Ltd.
Summary
| Project: | Zulu | |
|---|---|---|
| Deposit: | Main Zone | |
| Location: | Zimbabwe | |
| Commodities: | Lithium | |
| Date: | 12/14/2017 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-12-2017: Premier African Minerals Ltd. announces an Exploration/Drilling Update report for its Main Zone deposit at the Zulu project. Drilling results incl. 40.58m @ 1.56% Li2O from 101.24m. Premier African Minerals Limited ("Premier" or the "Company") | |
| Resources: | (Resource, Inf.): 20.1Mt @ 1.06% Li2O at Main Zone | |
| CP/QP: | [Overall Report]: Wolfgang Hampel (Internal) | |
| ABSTRACT: | Premier African Minerals Limited ("Premier" or the "Company") is pleased to share further assay results from the Company's Zulu Lithium Project near Fort Rixon in Zimbabwe ("Zulu"). The focus of the current drilling programme is to upgrade and expand the Resources in the Main Zone, where the Company has declared a Maiden Inferred Mineral Resource Estimate of 20.1 million tonnes grading 1.06% Li₂O, and to convert the exploration targets in both the Main Zone and step-out zones to code compliant status. George Roach, Premier's CEO, commented: "ZDD-45 is our best hole to date and continues to deliver excellent results that are well supported by further assay results now becoming available. The close proximity of the mineralised sections supports a cost efficient and bulk mining scenario. The current drilling programme continues to intersect exceptional high-grade spodumene pegmatite and we have been successful in both discovering new mineralisation and also advancing our understanding as well as generating drill targets. I look forward to reporting on similar excellent results in the near future." | |
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