DGAP-News: Sumo Resources PLC: Sumo Resources subsidiary granted Tantalite trade and processing license

3 April 2017 - Sumo Resources subsidiary granted Tantalite trade and processing license.

Sumo Resources Plc is pleased to announce that its subsidiary SR Tanmin in the Democratic Republic of Congo has been granted a license to trade and process Tantalite.

The license has been granted for execution in the province of Maniema. The province has large reserves on Tantalite but very little industrialised mining thereof. The majority of production is derived from artisanal mining operations and co-operatives.

The company plans to establish infrastructure and facilities in Maniema province in the coming months to commence trade and processing of Tantalite.