DGAP-News: Sumo Resources PLC: Sumo Resources subsidiary progress with Tantalite Processing License

12 December 2016 - Sumo Resources subsidiary progress with Tantalite Processing License

Sumo Resources Plc is pleased to announce the progress made by its subsidiary SR Tanmin in the Democratic Republic of Congo with regard to its plans to establish a Tantalite Processing facility in the Maniema Province.

The environmental and feasibility studies for the facility have been completed and subsequently the application for the license has been approved at provincial level.

The next phase is approval at national level which is expected by the end of January 2017.

Maniema province is well known for the occurrence of high grade Tantalite with the ores also containing a high percentage of Niobium. This quality of Tantalite is in high demand by upstream processors as it produces a high yield.