9th Mar 2015 07:00
9 March 2015
StratMin Global Resources Plc
("StratMin" or the "Company")
Production and Sales Update
StratMin (AIM: STGR), the graphite production and exploration company with assets in Madagascar, is pleased to provide an update on production and sales for the month of February 2015.
Production
Production volumes were up on the previous month. Production numbers for the month of February 2015 were as follows:
Production Stage | Product | February 2015 (volume in tons) |
Beneficiation Plant | Wet Graphite | 360 |
Post de water, Pre Drier | 194 | |
Drier | Dry Mixed | 130 |
Screening | -80mesh | 35 |
+80 | 48 | |
+50mesh | 0 |
Sales
150 tons of graphite were sold during February 2015.
Manoli Yannaghas, StratMin's Managing Director, commented:
"The plant continues to see production grow steadily and, with secure sales contracts in place, the company can build a stable monthly production base.
"The new milling and screening capacity is now operational and I look forward to updating the market on its developments in the next update."
Competent Person's Statement
The information in this announcement that relates to the production and sales figures has been reviewed by Mr. Neville Cowin, C.Eng, BSc (Eng), ARSM, MIMMM registration (C.Eng 325393). Mr. Cowin is an independent consultant with over 40 years of production experience, and works with the company to advise on improving performance at the plant. Mr. Cowin is a "Qualified Person" as defined in the AIM Note for Mining Oil & Gas Companies - June 2009, of the London Stock Exchange. Mr. Cowin consents to the inclusion of the information in this release in the form and context in which it appears.
Enquiries
For further information please visit www.stratminglobal.com or contact:
StratMin Global Resources Plc | +44 (0) 20 3691 6160 |
Manoli Yannaghas (Managing Director) | |
Strand Hanson (Nomad & Financial Adviser) James Spinney / Ritchie Balmer | +44 (0) 20 7409 3494 |
Hume Capital Securities Plc (Sole Broker) | +44 (0) 20 3693 1470 |
Jon Belliss / Abigail Wayne | |
Blytheweigh (Financial PR) Tim Blythe / Halimah Hussain / Camilla Horsfall | +44 (0) 20 7138 3204 |
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