TIDMTSTR

RNS Number : 1854P

Tri-Star Resources PLC

16 February 2016

16 February 2016

Tri-Star Resources plc

("Tri-Star" or the "Company")

Oman Antimony Roaster - Update

Tri-Star is pleased to announce that Strategic & Precious Metals Processing LLC ("SPMP") has entered into an EPCM Services Agreement for the Engineering, Procurement and Construction Management for its Oman Antimony Roaster project, located in the Port of Sohar Oman, with WorleyParsons Oman.

The text of SPMP's announcement of the award continues as follows:

"The planned schedule of work is for 18 months. Commissioning of the world's first major antimony roaster outside of China in decades, designed to modern environmental standards, is due for September 2017.

This is a significant milestone for SPMP and its partners.

We all look forward to working with the WorleyParsons team in delivering this important facility for the world antimony market and also adding to the development of the minerals processing industry in Oman."

WorleyParsons is a major professional services company, listed on the Australian Stock Exchange which provides expertise in engineering, procurement and construction and offers a wide range of consulting and advisory services. Headquartered in Sydney, WorleyParsons has some 35,000 staff worldwide and a current equity market capitalisation of c. GBP450 million.

Guy Eastaugh, CEO of Tri-Star said "This is an extremely important milestone for SPMP and we congratulate the management team for its achievement. With WorleyParsons firmly on board as part of the construction team we look forward now to the build-out and development phase of this exciting project, which continues to be on track for commissioning by the end of 2017."

Enquiries:

 
 Tri-Star Resources plc              Tel: +44 (0) 
  Guy Eastaugh, Chief Executive       20 3470 0470 
  Officer 
 SP Angel Corporate Finance (Nomad   Tel: +44 (0) 
  and Broker)                         20 3470 0470 
  Robert Wooldridge / Jeff Keating 
 
 
 Yellow Jersey PR Limited (Media   Tel: +44 (0) 7738 
  Relations)                                  076304 
  Dominic Barretto / Alistair 
  de Kare-Silver 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 16, 2016 03:46 ET (08:46 GMT)

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