Stratmin Global Resources PLC Operational Update (2864D)
March 27 2014 - 3:00AM
UK Regulatory
TIDMSTGR
RNS Number : 2864D
Stratmin Global Resources PLC
27 March 2014
27 March 2014
StratMin Global Resources Plc
("StratMin" or the "Company")
Operational Update: First Shift Completed and Further Positive
Trial Results
StratMin (AIM: STGR), the graphite exploration and production
company with assets in Madagascar, announces the completion of the
first full shift of production using the new processing circuit, as
well as the attainment of further encouraging carbon content
results from trial processing.
The plant at the Lohorano site successfully completed its first
double shift, using the recently installed converted MechProTech
scrubber, during the day and overnight on the 24 March 2014.
Further calibration of this scrubber since the announcement
dated 18 March 2014 has allowed the Company to produce a trial
batch of graphite with a carbon content of 92.69 per cent.
The Company looks forward to updating the market on its
production progress over the coming weeks.
Manoli Yannaghas, StratMin's Managing Director, commented:
"92.69 per cent. carbon content has exceeded our expectations at
this stage and proves StratMin is capable of producing premium
grade graphite. These are great results that demonstrate we are
moving in the right direction."
For further information please visit www.stratminglobal.com or
contact:
+44 (0) 20 3691
StratMin Global Resources Plc 6160
Manoli Yannaghas (Managing Director)
Strand Hanson (Nomad & Financial Adviser) +44 (0) 20 7409
James Spinney / Ritchie Balmer 3494
+44 (0) 20 3693
Hume Capital Securities Plc (Sole Broker) 1470
Jon Belliss / Abigail Wayne
Blytheweigh (Financial PR) +44 (0) 20 7138
Tim Blythe / Halimah Hussain / Camilla Horsfall 3204
-ends-
This information is provided by RNS
The company news service from the London Stock Exchange
END
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