12 March 2021 | 09:58am
StockMarketWire.com - Premier African Minerals has been granted an Exclusive Prospecting Order over an area that encompasses the Zulu Lithium and Tantalum claims in the Fort Rixon district of Zimbabwe.
The order is effective for three years from 12 March 2021 to 11 March 2024.
George Roach, chief executive of Premier commented: ‘I am deeply appreciative of the Zimbabwe Government for the granting of this substantial EPO and Premier will reciprocate with mobilization for the commencement of the definitive feasibility study on the Zulu deposit which has an estimated completion time of 14 months.’
Premier is expected to provide details in regard to further developments associated with Zulu and full details of the terms and conditions associated with the grant of the EPO in the near future.