Premier African Minerals Says RHA Project Could Be Produced by end-2013

Premier African Minerals (LON:PAM) is confident its flagship RHA tungsten project is ripe for development after a positive exploration update.

Sampling confirmed significant tungsten oxide values, with the best values being: hole DD003 – weighted average of 0.46% WO3 (tungsten trioxide) over a 15 metre intersection width; DD004 – weighted average 0.65% WO3 over six metres; DD006 – weighted average 1.33% WO3 over three metres.

Drilling has uncovered two, potentially three, previously unknown, well-mineralised quartz veins lying in the hanging wall of the existing lode system, the company added.Further low-cost surface trenching and sampling will be undertaken in the first quarter of 2013 to confirm the surface location and extent of the hanging wall lodes.

Premier's chief executive officer George Roach said: "This update has revealed significant tungsten mineralisation in the form of very coarse wolframite crystals hosted by quartz veins identified from drill hole intersections, and highlights the exceptional prospectivity of our RHA tungsten project.”

“The conceptual study will consider the possibility of early and low-cost production from the recently discovered outcropping mineralised quartz veins, and from existing tailings dams and dumps,” Roach said.

“Given the availability of water and power at our RHA property, and the relative simplicity of the required processing plant, we believe that we will be able to commence development with a view to production potentially before the end of 2013," Roach added.

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