Premier African Minerals Ltd (PREM)

Sector:

Mining

Index:

FTSE AIM All-Share

 0.19p
   
  • Change Today:
      0.000p
  • 52 Week High: 1.00
  • 52 Week Low: 0.16
  • Currency: UK Pounds
  • Shares Issued: 29,617m
  • Volume: 48,345,128
  • Market Cap: £56.27m

Premier African Minerals discovers new pegmatites zones

By Ikaba Koyi

Date: Tuesday 18 Jul 2017

LONDON (ShareCast) - (ShareCast News) - Premier African Minerals, the mining exploration and production company, announced the discovery of six new pegmatites zones at its Zulu Lithium and Tantalum project, while simultaneously completing another eleven mineralised drill holes.




According to the group the new zones were discovered by a concerted field reconnaissance programme focused on the eastern part of the 3.5km2 license area at Zulu.

The company also reported the completion of another 11 drill holes since the conclusion of its initial drilling programme.

All of them had intersected mineralisation with the best having 10 metres true width 10m with high grade petalite and spodumene mineralisation.

The AIM-listed company was now studying further exploration efforts on the new zones in order to establish their continuation and depth extensions.

Premier boss George Roach said the new discoveries marked another milestone in the process of exploring what the company believed was one of the richest hard rock lithium exploration projects.

"These new discoveries when looked at in the context of the already very substantial maiden resource estimate and exploration target in the main zone, are just another step in the process of exploring what we believe to be one of the best hard rock lithium exploration projects today".



Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

PREM Market Data

Currency UK Pounds
Share Price 0.19p
Change Today 0.000p
% Change 0.00 %
52 Week High 1.00
52 Week Low 0.16
Volume 48,345,128
Shares Issued 29,617m
Market Cap £56.27m

PREM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
83.46% below the sector average83.46% below the sector average83.46% below the sector average83.46% below the sector average83.46% below the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
58.62% below the sector average58.62% below the sector average58.62% below the sector average58.62% below the sector average58.62% below the sector average
Income Not Available
Growth Not Available

PREM Dividends

No dividends found

Trades for 26-Apr-2024

Time Volume / Share Price
16:07 66 @ 0.20p
16:01 5,128 @ 0.20p
15:58 268,240 @ 0.19p
15:55 536,480 @ 0.19p
15:48 49,964 @ 0.20p

Top of Page