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Premier African Minerals Ltd.

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Summary

Project:

Zulu

Deposit:Zulu
Location:Zimbabwe
Commodities:Lithium-Tantalum
Date:3/21/2017
Report Code:(no Code)
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:21-3-2017: Premier African Minerals Ltd. announces an Exploration/Drilling Update report for its Zulu deposit at the Zulu project. Drilling results incl. 11.26m @ 1.27% Li2O from 130.81m. Premier African Minerals Limited (AIM: PREM), the London quoted min
Resources:x
CP/QP:[Overall Report]: Wolfgang Hampel (Internal)
ABSTRACT:Premier African Minerals Limited (AIM: PREM), the London quoted mining exploration and production company, is pleased to report an update on the drilling programme at the Zulu Lithium and Tantalum Project ("Zulu") and the latest assay results which have identified a significant width and well mineralised central zone within the Zulu deposit. The maiden resource statement will focus on this zone and the ongoing drilling will now both better define and simultaneously expand the zone. Premier is now focussed on completion of a maiden resource statement and furthering discussions with parties who have expressed an interest in participation and/or acquisition of this major project. George Roach, Premier's CEO, commented: "We are expecting results from the metallurgical test-work undertaken by international process specialists, Dorfner Anzaplan, while also focusing on the maiden resource statement and how best to understand the true scale of this world class deposit. At same time, we will continue to consider monetization of all or part of this important asset."

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