Investee Company Operational Update

RNS Number : 3321R

Kazera Global PLC

14 June 2018

 

14 June 2018

Kazera Global

Investee Company Operational Update

Kazera Global plc ("Kazera Global" or "the Company") the AIM quoted investment company who, through its stake in African Tantalum (Pty) Limited ("Aftan"), has an interest in the Namibia Tantalite Investment Mine ("NTI" or the "Mine") in Namibia, provides the following operational update.

Kazera Global confirms that it has commissioned the MSA Group ("MSA"), a leading provider of exploration, mineral resources and reserve estimation, to carry out the targeted exploration programme designed to test and define total mineralisation across the NTI licence area, which forms the strategic focus of Aftan outlined in the announcement of 17 May 2018.

The new drilling programme will predominantly focus on tantalum and lithium resources across the licence and, as the exploration programme across the property develops, the Company expects to provide updates on JORC results as each specific ore body is drilled, tested and analysed. MSA has mobilised to site to begin the programme.

**ENDS**

Kazera Global plc (c/o Camarco)	Tel: [phone]
Larry Johnson (CEO)
finnCap (Nominated Adviser and Joint broker) Christopher Raggett / Scott Mathieson / Anthony Adams (corporate finance)	Tel: [phone]
Shore Capital (Joint broker) Mark Percy / Toby Gibbs (corporate finance) Jerry Keen (corporate broking)	Tel: [phone]
Camarco (PR) Gordon Poole / James Crothers / Monique Perks	Tel: [phone]

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

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