19th Apr 2016 09:38
LONDON (Alliance News) - Harvest Minerals Ltd on Tuesday said it expects results from the sampling work at the Mandacaru and Arapua/Maximus projects in Brazil to arrive by early May.
Harvest started exploration and pre-development work on the Mandacaru phosphate project and the Arapua/Maximus fertiliser project in the quarter having secured funding from its capital raise in November.
Work continued through the quarter and Havest said samples were submitted from the initial air core drill programme for analysis at the end of March.
Final analysis of these samples is expected by early May, Harvest said.
Shares in Harvest were down 6.3% to 3.75 pence Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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