Business
Lipari Mining Advances Tchiuzo Project with Shipment of Kimberlite Processing Plant
Toronto, Ontario--(Newsfile Corp. - December 18, 2025) - Lipari Mining Ltd. (Cboe Canada: LML) ("Lipari" or the "Company") is pleased to announce that its recently acquired kimberlite processing plant is en-route to Angola, with arrival scheduled for Q1-2026. The plant was transported from Sudbury, Ontario to the Port of Montreal, Quebec where it is being prepared for marine shipment to Luanda, Angola in early January 2026. Photos of the plant being loaded for transport in Sudbury are...
About this update from Lipari Mining Ltd
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - December 18, 2025) - Lipari Mining Ltd. (Cboe Canada: LML) ("Lipari" or the "Company") is pleased to announce that its recently acquired kimberlite processing plant is en-route to Angola, with arrival scheduled for Q1-2026. The plant was transported from Sudbury, Ontario to the Port of Montreal, Quebec where it is being prepared for marine shipment to Luanda, Angola in early January 2026. Photos of the plant being loaded for transport in Sudbury are available on the Company's website at www.liparimining.com. The delivery of this 5 tonne-per-hour processing plant will enable the Company to accelerate its Phase II development program for the Tchiuzo kimberlite, one of 30 kimberlites within the Company's Tchitengo Project in Angola.","length":803,"tagName":"p"},{"type":"text","content":"Ken Johnson, Lipari's President and CEO, stated: "Site preparation for the processing plant installation is scheduled to commence in January 2026, and will include construction of a reinforced concrete slab and footings to support the plant structures as well as tailings management systems. The modular design will enable rapid installation of the processing circuit, with the plant commissioning planned before the end of Q1-2026.","length":441,"tagName":"p"},{"type":"text","content":"This shipment represents a significant milestone in advancing our Tchitengo Project in Angola, positioning Lipari Mining at a key inflection point in Company's development. The plant will process a minimum of 10,000 tonnes of kimberlite from Tchiuzo, which is anticipated to yield approximately 5,000 carats that will undergo valuation procedures to determine the current market value of Tchiuzo diamonds.","length":409,"tagName":"p"},{"type":"text","content":"Together with results from last year's Phase I confirmatory drilling program, this valuation is expected to position us to update the historical feasibility study originally completed on the Tchiuzo kimberlite by Sociedade Mineira de Catoca ("SM Catoca") in 2013. SM Catoca reportedly invested US$35.6 million towards the exploration and development of the Tchiuzo kimberlite pipe during the period from 2006 to 2016."1","length":438,"tagName":"p"},{"type":"text","content":"As reported by the Company in its press release dated O...