26th February 2020
Eastinco Mining and Exploration Plc
("EME" or the "Company")
This newly signed joint venture is an accord between, Eastinco and Dynasty, one of
Eastinco Mining and Exploration PLC's Chairman and CEO, Charles Bray said, "this joint-venture agreement marks the successful culmination of lengthy negotiations for a deal whereby Eastinco's mining experience can be utilised over a significant parcel of land which has historically been deemed to have very strong prospects".
Eastinco Ltd's COO, Stephan Knoef added, "We are very pleased to announce this new and valuable joint venture mining operation to our shareholders. Just as our first project is coming online, it is especially exciting to begin exploration at this greenfield site which offers an enormous potential for tin, tantalum, and tungsten mineral endowment. It is a testament to the strong and favourable business environment and our developing relationships in
Kuaka Update
Following the delivery in late 2019 of the construction equipment to the Kuaka mine site, preparations continue with the site development and construction of the wash plant. Originally planned for late 2019 launch, the wash plant start date was delayed approximately three to four months, in part due to the delayed delivery of required equipment from
The directors of Eastinco Mining and Exploration Plc accept responsibility for this announcement.
Eastinco Mining & Exploration Plc: charles.bray@eme-plc.com
Charles
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