Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No. 596/2014 until the release of this
announcement
Tri-Star Resources plc ("Tri-Star"
or the "Company")
SPMP Operational Update
Tri-Star (AIM: TSTR), the mining and minerals processing
company, announces that it has received an operational update from
Strategic & Precious Metals Processing LLC ("SPMP") in
Oman, in which Tri-Star has a 40%
shareholding.
The Company has been informed that liquid metal has been
produced in the reduction furnace at SPMP’s antimony and gold
facility. However, due to a technical issue with the
refractory lining it has not been possible to tap metal from the
furnace. SPMP management is investigating possible improvements to
the design which is expected to take several weeks to
implement.
ENDS
Enquiries:
Tri-Star Resources plc
Karen O’Mahony, Acting CEO/ CFO
Tel: +44 (0)20 7653
6291
Tavistock Communications Ltd
Charles Vivian/ Gareth Tredway
Tel +44 (0)20 7920 3150
SP Angel Corporate Finance (Nominated Adviser)
Robert Wooldridge/ Jeff
Keating
Tel: +44 (0)20 3470 0470
FinnCap Ltd (Broker)
Christopher Raggett/Scott Morrison/Camille
Gochez
Tel: +44 (0)20 7220 0500
Notes to the Editor
Tri-Star’s principal activities are in an antimony and gold
production facility (the “SPMP Project” or the “Project”).
The SPMP Project is based in Sohar, Sultanate of Oman, and is being developed by Strategic
& Precious Metals Processing LLC (“SPMP”), an Omani company in
which Tri-Star has a 40% equity interest.
Tri-Star also has antimony exploration licenses in Canada which is held for its potential
contribution of feedstock to the SPMP Project.