29 November 2021
Eastinco Mining and Exploration plc
("EME" or the "Company")
Musasa Mine - Mineral Processing and Site Update
Eastinco Mining and Exploration plc is pleased to announce it has engaged the service of Quiver Limited ("Quiver") to manage and operate the gravity separation wash plant on the Musasa project in western
Quiver is an African focused specialist mineral processing consultancy. Quiver provides advisory and consultancy services in the African mining sector, with their specialty being on heavy mineral separation, such as tantalum, tin and tungsten.
Under agreement, Quiver will provide a Plant Manager, who will be based on site to control and manage the daily operations around the wash plant. In addition, for a minimum of one week per month, a metallurgical consultant will be on-site to help develop short- and long-term process improvements and associated plant upgrade strategies to increase and optimise plant production, with additional material testing and analysis at approved laboratories.
Quiver were previously on site in May 2021, which resulted in several process flow changes and modification recommendations. Additional capital equipment including the imported slurry pumps, is expected on site before month end, with Quiver mobilising to Musasa in the first week of December, to provide expertise and assist in the plant modifications.
Charles
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of
The Directors take responsibility for this announcement.
Enquiries:
For further information, please visit http://www.eastinco.com/ or contact:
Eastinco Mining & Exploration Plc:
Charles
AQSE Growth Market Corporate Adviser:
Novum Securities Limited
David Coffman / Lucy Bowden
Tel: +44 (0)207 399 9400
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