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Premier African Minerals Ltd.

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Summary

Project:

Zulu

Deposit:Zulu
Location:Zimbabwe
Commodities:Lithium-Tantalum
Date:1/31/2017
Report Code:(no Code)
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:31-1-2017: Premier African Minerals Ltd. announces an Exploration/Drilling Update report for its Zulu deposit at the Zulu project. Drilling results incl. 10.23m @ 1.56% Li2O from 111.34m. 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 initial complete hole assay results from the recently completed 2,500 metre drilling programme at the company's Zulu Lithium and Tantalum Project ("Zulu").George Roach, Premier's CEO, commented: "These latest assay results from Zulu are very encouraging indeed and we await the balance of the drillhole results from this extensive drilling programme over the 3.5 km strike of the Zulu deposit drilled to date. When all results are in, the Company intends to issue a maiden lithium resource report on what the Company sees as a project of significance." "We have seen lithium bearing pegmatites (mainly spodumene and petalite) to vertical depths of over 200 meters and along the entire strike length of some 3.5 km, with some holes showing visible lithium mineralisation over drilled widths of up to 37 metres.". Zulu is located 80km east of Bulawayo and easily accessible by road. The project comprises 14 claims covering a surface area of 3.5km². Zulu is generally regarded as potentially the largest undeveloped lithium bearing pegmatite in Zimbabwe. The project was first pegged in 1955 and intensely explored until the early 1960s. Minor petalite production was reported for 1961 and 1962. The pegmatite bodies intruded along serpentine and sedimentary rocks over a strike length of several kilometres. The width varies between 10 and 25 meters. The bigger pegmatites to the north of the Machakwe River are rich in spodumene and lepidolite, the smaller pegmatites south of the Machakwe River are rich in petalite. The pegmatite bodies strike N20° and dip between 70° - 90° to the west. Parts of the pegmatites are rich in tantalite-(Mn).

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