RHA Tungsten Mine (“RHA”)

When will it achieve design throughput capacity of 40,000 tonnes per month?

RHA should achieve its design rate capacity of 40,000 tonnes per month by the end of Q4 2017. At this rate, the Company will produce around 10,000 mtu (1 mtu = 10kg) of Wolframite concentrate per month.

What is the current status of RHA?
What is the break-even level of production?
What is the impact of the current rise in the APT price on the RHA Mine?

Zulu Lithium and Tantalum Project (“Zulu”)

What is the exploration target for the Zulu project?

The exploration target for the Main Zone is between 60-80 Million tonnes. The new zone discovered in the South East of the Main Zone has the potential to exceed this target. Furthermore, our technical team has discovered a number of outcropping pegmatites in our license area that have the potential to add further tonnes to our resource base.

What is the current status of Zulu?
When do you expect results from the Preliminary Economic Assessment (“PEA”)?
When do you expect Zulu to achieve first production?
Are you still discussion Zulu with Joint Venture partners?

Circum Minerals Limited (“Circum”)

What is Premier’s current interest in Circum?

Premier owns 5,010,333 million shares in Circum which at the last placement price of US$2 per share equates to a value of US$10.2 million.

Is Premier considering increasing the stake in Circum?
When do you anticipate a liquidity event for Circum?
What valuation do you expect?

TCT Industrais Florestais (“TCT IF”)

When will be publishing a Maiden Resource on the Limestone Project?

We anticipate commencing a Reverse Circulation (RC) drilling programme on the limestone project either later this year or early in 2018, the results of which will form the basis for a scoping study. The TCT limestone project covers 27km2 and the deposit is strategically located near existing rail infrastructure on the Tete-Beira rail link. Preliminary test work on surface material indicates acceptable grades for Calcium Carbonate (CaCo₃) for limestone and cement production, suitable for agri-lime and aggregates production.

Why is the Company looking to divest its forestry interests?

Casa Mining Limited (“Casa”)

Does Premier want to increase its stake in Casa Mining Limited?

Premier currently has a 4.5% interest in Casa. Casa has a 71.25% interest and is the operator of the Misisi Gold Project located in the South Kivu, eastern DRC. The Misisi project hosts the Akyanga gold deposit which currently has a resource of 1.5 million ounces with an exploration target of 3 million ounces. Premier is not considering increasing its stake in Casa.  

What is the current status of Casa?
What valuation for you think you can obtain when the Company lists?