Stratmin Global Res - Operational Update
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:

 

StratMin Global Resources Plc

+44 (0) 20  3691 6160

Manoli Yannaghas (Managing Director)




Strand Hanson (Nomad & Financial Adviser)

James Spinney / Ritchie Balmer

+44 (0) 20 7409 3494



Hume Capital Securities Plc (Sole Broker)

+44 (0) 20 3693 1470

Jon Belliss / Abigail Wayne




Blytheweigh (Financial PR)  

Tim Blythe / Halimah Hussain / Camilla Horsfall

+44 (0) 20 7138 3204

 

 

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