Multi-Commodity Southern Togo Project Permits Renewed

PREMIER AFRICAN MINERALS LTD - Multi-Commodity Southern Togo Project Permits Renewed

PR Newswire

London, January 28

29 January 2013

Premier African Minerals Limited (`Premier' or `the Company')

Premier African Minerals Limited, the AIM quoted multi-commodity naturalresource company with mineral projects located in Western and Southern Africa,is pleased to confirm the two year renewal of the Company's three explorationpermits (`Exploration Permits') for the multi-commodity Southern Togo Project(`the Project'), covering 173.99 sq. km located east-north-east of the SociétéNouvelle des Phosphates du Togo (`SNPT') phosphate open pit operations atSNPT's Dagbati mine.

Highlights:

George Roach, Chief Executive Officer of Premier, commented: "The prospectivityof this region is underlined by recent developments in regard to the extensionof the neighbouring state owned mining operations. Our permit area, whichborders the state property, is highly prospective for phosphates and a varietyof Attapulgite clays used in off-shore hydrocarbon development as well as anumber of other common applications. The geology is relatively simple, and thedeposits are shallow-lying making them amenable to low cost productiontechniques. Furthermore the proximity to tide water and presence of rail andpower across the property enhances the Project's development prospects. This isa significant asset in our multi-commodity portfolio. Since Admission we havebeen reviewing our plans and we look forward to releasing details of ourResource development plans for this area in the near future."

Further information on the Southern Togo Permits

The Project is geologically highly prospective for phosphates and clays(attapulgite and bentonite).

Two mines are currently in operation in close proximity to the Project; SNPTconduct major open pit mining operations of phosphates; and West African CementS.A. operate a limestone quarry and clinker facility. CIMTOGO S.A, is also dueto commence limestone quarrying in the vicinity shortly.

Phosphates

The Project is geologically prospective for phosphates as the ExplorationPermits align 173.99 km along the strike of the current SNPT mining operationsand are underlain by the same geological formations within which the SNPT orebodies occur. The morphology of any potential phosphate deposit in theExploration Permits is likely to be simple and amenable to low cost open castmining.

Clays (Attapulgite and Bentonite)

Clay deposits in Southern Togo consist of both attapulgite and bentonite and,like the phosphates, are

Geologically and structurally simple and potentially amenable to low cost opencast mining. The clay deposits lie stratigraphically below the phosphatehorizons and are very large in comparison to global deposits. The Boardbelieves that the deposits could potentially have an in-situ non-compliantExploration Target of between 108Mt and 254Mt. In 2008 the USA produced 3.9Mtamounting to 67% of total world production. Initial test work indicates thatthe quality of the clays appear to be of a suitable standard for a diverserange of uses.

A preliminary economic assessment can be undertaken under National Instrument43-101 on an Inferred Mineral Resource once the clay characteristics have beenestablished.

Qualified Person:

The technical information contained in this announcement has been reviewed byBruce Cumming, Technical Director, Premier African Minerals Limited. Mr Cummingholds a Bachelor of Science (Honours) in Geology from the University of CapeTown and is accredited to the South African Counsel for Natural ScientificProfessionals (SACNASP). Mr Cumming has sufficient geological experience (over35 years) to qualify as a Qualified Person for the purposes of thisannouncement and has reviewed the text of this announcement and is satisfiedwith the accuracy and precision of this release by Premier African MineralsLimited.