Tri-Star Resources PLC Oman Antimony Roaster: Incorporation of Gold Plant (5777W)

TIDMTSTR

RNS Number : 5777W

Tri-Star Resources PLC

28 April 2016

Tri-Star Resources plc

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

Oman Antimony Roaster - Incorporation of Gold Plant

Tri-Star is pleased to announce that the Board of Strategic & Precious Metals Processing LLC ("SPMP") has approved the development of a secondary recycling process to recover precious metals within the Oman Antimony Roaster ("OAR"). The SPMP technical team, working with its engineering partners, has developed a process to recover gold and silver whilst recycling and reducing unwanted elements to their lowest levels during the production process.

SPMP's news release adds further:

"The inclusion of the Gold Recovery Process is an important and logical step for OAR. It allows the project to accept a wide range of antimony feedstock, including those associated with gold. This added capability also opens up a significant new revenue stream for the SPMP.

Further plant engineering and test-work on feed material will now be conducted. The knowledge gained from the operation of this gold recovery plant will provide valuable engineering design and operating information for future refractory gold processing initiatives."

The Company has a 40% equity interest in SPMP. The full text of SPMP's announcement is to be found at www.spmp.co.om

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) 7825 
  Relations)                                 916 715 
  Dominic Barretto / Alistair 
  de Kare-Silver

This information is provided by RNS

The company news service from the London Stock Exchange

END

UPDPGUPUCUPQGMM

(END) Dow Jones Newswires

April 28, 2016 02:00 ET (06:00 GMT)

Tri-star Resources (LSE:TSTR)
Historical Stock Chart
From May 2024 to Jun 2024