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Significant Lithium Grades up to 3.3% Lithium
Significant Lithium Grades up to 3.3% Lithium.
About this update from Premier African Minerals Ltd.
[{"type":"text","content":"\n \nRNS Number : 2456X Premier African Minerals Limited 20 February 2017 \n\nPremier African Minerals Limited / Ticker: PREM / Index: AIM / Sector: Mining\nFor immediate release\n \n20 February 2017\n \n \nPremier African Minerals Limited\n(\"Premier\" or the \"Company\")\n \nSignificant Lithium Grades up to 3.3% Lithium - Zulu Lithium Project.\n \nPremier African Minerals Limited (AIM: PREM), the London quoted mining exploration and production company, is pleased to report further assay results from shallow drilling from its high grade Zulu Lithium and Tantalum Project (\"Zulu\"). The drilling programme was designed to drill test for the extensive lithium mineralisation over the known 3.5 km strike length of this deposit.\n \nHighlights:\n· Exceptionally high grade lithium encountered at Zulu with Drill-hole ZDD-3 returning grades up to 3.3% Li2O between 25.14 meters and 54.15 meters down hole, including 4.3 meters from 40.15 meters grading 2.16% Li2O\n· Host rock mineralised up to 0.9% Li2O and not previously described at Zulu has potential to substantially increase overall tonnage\n· Drill-hole ZDD-15 returned lithium mineralisation from 73.61 meters to 79.23 meters with grades up to 2.06% Li2O\n· Final Tantalum grades are still awaited\n· Drill rig has not been demobilised from site and a new drilling programme has commenced with the aim of increasing the size of further defining the ore body\n \nPremier also advises that it has immediately commenced a new drilling programme at Zulu with the rig currently on site. This new programme is designed to further increase the ultimate size of Zulu as much as our level of confidence and further define the ore body. \n \nAll drill samples from the last extensive drill programme are now at or in transit to the laboratory in South Africa and the Company expects to receive most of the results during the coming month. Further significant results will be reported when they become available on the basis that they may be seen as material information to the shareholders and these will be reported in a timely manner.\n \nGeorge Roach, Premier's CEO, commented: \n\"We continue to be highly encouraged by the grades in these recently received assays...