Stratmin Global Resources PLC Production and Sales Update (8374G)

TIDMSTGR

RNS Number : 8374G

Stratmin Global Resources PLC

09 March 2015

9 March 2015

StratMin Global Resources Plc

("StratMin" or the "Company")

Production and Sales Update

StratMin (AIM: STGR), the graphite production and exploration company with assets in Madagascar, is pleased to provide an update on production and sales for the month of February 2015.

Production

Production volumes were up on the previous month. Production numbers for the month of February 2015 were as follows:

 
 Production Stage       Product         February 2015 
                                       (volume in tons) 
------------------  ---------------  ------------------ 
 Beneficiation 
  Plant               Wet Graphite           360 
------------------  ---------------  ------------------ 
                     Post de water, 
                        Pre Drier            194 
------------------  ---------------  ------------------ 
 Drier                 Dry Mixed             130 
------------------  ---------------  ------------------ 
 Screening              -80mesh              35 
------------------  ---------------  ------------------ 
                          +80                48 
------------------  ---------------  ------------------ 
                        +50mesh               0 
------------------  ---------------  ------------------

Sales

150 tons of graphite were sold during February 2015.

Manoli Yannaghas, StratMin's Managing Director, commented:

"The plant continues to see production grow steadily and, with secure sales contracts in place, the company can build a stable monthly production base.

"The new milling and screening capacity is now operational and I look forward to updating the market on its developments in the next update."

Competent Person's Statement

The information in this announcement that relates to the production and sales figures has been reviewed by Mr. Neville Cowin, C.Eng, BSc (Eng), ARSM, MIMMM registration (C.Eng 325393). Mr. Cowin is an independent consultant with over 40 years of production experience, and works with the company to advise on improving performance at the plant. Mr. Cowin is a "Qualified Person" as defined in the AIM Note for Mining Oil & Gas Companies - June 2009, of the London Stock Exchange. Mr. Cowin consents to the inclusion of the information in this release in the form and context in which it appears.

Enquiries

For further information please visit www.stratminglobal.com or contact:

 
                                         +44 (0) 20 
 StratMin Global Resources Plc            3691 6160 
 Manoli Yannaghas (Managing Director) 
 
 Strand Hanson (Nomad & Financial 
  Adviser)                               +44 (0) 20 
  James Spinney / Ritchie Balmer          7409 3494 
 
 Hume Capital Securities Plc (Sole       +44 (0) 20 
  Broker)                                 3693 1470 
 Jon Belliss / Abigail Wayne 
 
 Blytheweigh (Financial PR) 
  Tim Blythe / Halimah Hussain /         +44 (0) 20 
  Camilla Horsfall                        7138 3204

-ends

This information is provided by RNS

The company news service from the London Stock Exchange

END

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