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Tango Mining Terminates Angola Alluvial Diamond Project

VANCOUVER, British Columbia, Aug. 16, 2019 (GLOBE NEWSWIRE) -- Tango Mining Limited (“Tango” or the “Company”) (TSX.V – TGV) announces that it has terminated th

articleSouthstone Minerals LimitedAugust 16, 20193/company/southstone-minerals-ltd/news/tango-mining-terminates-angola-alluvial-diamond-project
Tango Mining Terminates Angola Alluvial Diamond Project

About this update from Southstone Minerals Limited

[{"type":"text","content":" VANCOUVER, British Columbia, Aug. 16, 2019 (GLOBE NEWSWIRE) -- Tango Mining Limited (“Tango” or the “Company”) (TSX.V – TGV) announces that it has terminated the Services Agreement for Mining and Marketing of Diamonds with Cooperativa Mineira Do Moquita, SCRL in Angola. In conjunction with this termination, Tango also announces that two loan facilities announced 12 September 2018, to fund the capital and operating costs associated with the mining of diamonds in Angola, have also been terminated. ON BEHALF OF THE BOARD OF DIRECTORS OFTANGO MINING LIMITED Mr. Samer KhalafChief 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 materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to statements with respect to the estimation of mineral resources; the realization of mineral resource estimates; anticipated future production, capital and operating costs; cash flows and mine life; potential size of a mineralized zone; potential expansion of mineralization; potential types of mining operations; permitting timelines; ...

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