AFARAK GROUP'S VLAKPOORT MINE COMMENCES BULK SA...

7:30 London, 9:30 Helsinki, 29 June 2015 - Afarak Group Plc, Stock Exchange Release

AFARAK GROUP'S VLAKPOORT MINE COMMENCES BULK SAMPLING

Afarak Group Plc ("Afarak" or the "Company") (LSE: AFRK, NASDAQ: AFAGR) announces that the Company has commenced bulk sampling at its Vlakpoort open pit mine in South Africa. The total open pit measured, indicated, and inferred resources are estimated at 1.9 million tonnes of chromite, as stated in the Company's resource statement, with a life of mine for the open pit of five years. The Company expects to ramp up to full production in 2016, once the submitted mining right has been approved.

The Company acquired the Vlakpoort property and prospecting surface right in 2013. The mine is located on The Farm Vlakpoort 388KQ, close to the town of Northam in the Limpopo Province, South Africa. The property is owned by Afarak South Africa (Pty) Ltd, a 100% owned subsidiary of Afarak. The prospecting right is owned by Destiny Spring Investments 11(Pty) Ltd, a 73.33% owned subsidiary of Afarak.

AFARAK GROUP PLC
Alistair Ruiters
CEO


For additional information, please contact:

Afarak Group Plc
Dr Alistair Ruiters, CEO, tel [phone] (Helsinki Office), [e-mail]

Afarak Group is a chrome mining and minerals producer focused on delivering sustainable growth with a speciality alloys business in southern Europe and a ferro alloys business in southern Africa. The Company is listed on NASDAQ Helsinki (AFAGR) and the Main Market of the London Stock Exchange (AFRK).
www.afarakgroup.com

Distribution:
NASDAQ Helsinki
London Stock Exchange
main media
www.afarakgroup.com

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Source: Afarak Group via Globenewswire

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