Business
Tango Mining Acquires and Mobilizes Processing Equipment to Oena Diamond Mine
VANCOUVER, British Columbia, June 25, 2018 (GLOBE NEWSWIRE) -- Tango Mining Limited (“Tango” or the “Company”) (TSX-V:TGV) is pleased to announce that it has ac
About this update from Southstone Minerals Limited
[{"type":"text","content":" VANCOUVER, British Columbia, June 25, 2018 (GLOBE NEWSWIRE) -- Tango Mining Limited (“Tango” or the “Company”) (TSX-V:TGV) is pleased to announce that it has acquired and mobilized a processing plant consisting of two sixteen foot pans with a combined capacity of 120 tons per hour (the “Plant”), to the Oena Diamond Mine (“Oena”). The Plant, including a newly purchased 260 KVA diesel generator, will be used to process pan tailings and bantam material (“Tailings”) left on site from previous mining operations. As announced on 20 April 2018, commissioning of the Plant is on schedule and will begin on 27 June 2018. Diamonds recovered from this processing operation will be for the account of the Company. The Plant will be used in conjunction with Bluedust 7 Proprietary Limited’s (“Bluedust”) existing mining and processing equipment on site to increase production capacity, specifically focused on Tailings. Bluedust continues its activities on the Property as per their contract terms (see news releases dated 2 May 2018, 10 October and 16 November 2017). Mr. Samer Khalaf Chief Executive OfficerTango Mining [email protected] Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statement Certain information set forth in this news release contains “forward-looking statements” and “forward-looking information” under applicable securities laws. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements, which include management’s assessment of future plans and operations and are based on current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. Some of the forward-looking statements may be identified by words such as “forecasts”, estimates”, “expects” “anticipates”, “believes”, “projects”, “plans”, “outlook”, “capacity” and similar expressions. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause the Company’s actual performance and financial results in future periods to differ mat...