businesspress24.com - Bannerman Resources Limited: Quarterly Activities Report for the Period Ended 31 March 2016
 

Bannerman Resources Limited: Quarterly Activities Report for the Period Ended 31 March 2016

ID: 1431178

(firmenpresse) - PERTH, AUSTRALIA -- (Marketwired) -- 04/28/16 -- Bannerman Resources Limited (ASX: BMN)(TSX: BAN)(NAMIBIAN: BMN) had a successful March quarter, completing a significant corporate restructuring process, appointing new leadership and delivering positive results from Phase 3 of its Heap Leach Demonstration Plant.

HIGHLIGHTS

The full report is available on Bannerman''s website at and on SEDAR ().

Brandon Munro

Chief Executive Officer

28 April 2016

About Bannerman - Bannerman Resources Limited is an ASX, TSX and NSX listed exploration and development company with uranium interests in Namibia, a southern African country which is a premier uranium mining jurisdiction. Bannerman''s principal asset is its 100%-owned Etango Project situated near Rio Tinto''s Rossing uranium mine, Paladin''s Langer Heinrich uranium mine and CGNPC''s Husab uranium mine currently under construction. A definitive feasibility study and an optimisation study has confirmed the technical, environmental and financial (at consensus long term uranium prices) viability of a large open pit and heap leach operation at one of the world''s largest undeveloped uranium deposits. In 2016, Bannerman is continuing a large scale heap leach demonstration program to provide further assurance to financing parties, generate process information for the detailed engineering design phase and build and enhance internal capability. More information is available on Bannerman''s website at .

ABN 34 113 017 128



Contacts:
Bannerman Resources Limited
Brandon Munro
Chief Executive Officer
Perth, Western Australia
+61 (8) 9381 1436


Bannerman Resources Limited
Robert Dalton
Financial Controller & Company Secretary
Perth, Western Australia
+61 (8) 9381 1436


Spyros Karellas
Investor Relations
Toronto, Ontario, Canada
+1 416 433 5696




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Bereitgestellt von Benutzer: Marketwired
Datum: 28.04.2016 - 05:00 Uhr
Sprache: Deutsch
News-ID 1431178
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PERTH, AUSTRALIA


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Mining & Metals


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