First Ore Trucked from Nayega Manganese Project

About this update from Keras Resources Plc

RNS Number : 4692O Keras Resources PLC 30 January 2019   Keras Resources plc / Index: AIM / Epic: KRS / Sector: Mining 30 January 2019 Keras Resources plc ('Keras' or the 'Company') First Ore Trucked to Port from Nayega Manganese Project   Keras Resources plc, the AIM listed mineral resource company, is pleased to announce that it has commenced the trucking of processed ore from its 10,000-tonne bulk sampling metallurgical testwork programme at the Nayega Manganese ('Mn') Project in northern Togo ('Nayega' or 'the Project').  This demonstrates Keras' progression into the next stage of development at Nayega.   Highlights ·    Trucked ore now being stockpiled at secure site adjacent to the deep-water port of Lomé ·    Steady-state production levels of 230 saleable tonnes per day achieved through recently commissioned scrubber plant - 4 shifts operating 24 hours a day, 7 days a week ·    Peak haulage of 12 trucks or 420 tonnes per day expected by 31 January 2019 ·    Installed capacity to produce circa. 6,500 tonnes per month of +35% Mn ore at Nayega   Russell Lamming, Chief Executive Officer of Keras, commented, "I am delighted to announce that the trucking of processed ore at Nayega began at the weekend, with peak haulage of 12 trucks or 420 tonnes per day expected by 31 January 2019.  Currently, the ore is being stockpiled at a secure site close to the Lomé deep-water port in Togo and will be transferred to the bulk material wharf when shipping commences in late February 2019.  In addition, the scrubber plant has now reached the steady-state production of 230 saleable tonnes per day, operating in four shifts, 24 hours a day, seven days a week.    "The continued success of the bulk sampling programme has underpinned the significant value that we attribute to Nayega; we believe the Project will form the cornerstone of Keras' manganese business moving forward.  The Company has had an exciting start to the year with pivotal news already released and hopefully more good news on the horizon.  We look forward to providing further updates on our progress at the operation."   Further Details In August 2018, a 10,000-tonne bulk sampling metallurgical testwork programme commenced at Nayega to further understand metallurgical testwork previously con...

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