![]() | Tango Mining Limited - TGV.v is engaged in the processing of coal and in the acquisition, exploration and evaluation of mining assets. Projects include the Oena Diamond Mine, located in the Northern Cape, South Africa. | ![]() |
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Tango Mining Limited (“Tango” or the “Company”) (TSXV:TGV) is pleased to announce that African Mineral Recovery Solutions CC (“AMRS”) has mobilized and commissioned mining and processing equipment, including a Bourevestnik X-ray sorter (“BVX”) at the Oena Diamond Mine (the “Oena Project”) located in the Northern Cape, South Africa. During test commissioning, AMRS recovered a total of 62.17 carats at an average value of US$3,780 per carat, including a stone of 36.34 carats.
Since Tango’s acquisition of 51% of African Star Minerals (Pty) Limited (“ASM”), which owns 100% of the Oena Project, 254.2 carats have been recovered with an average value of US$1,881 per carat. Upon completion of a number of required operational items, including the implementation of a number of required management plans, including a Health and Safety Plan, Tango expects AMRS to commence bulk sampling in Q1 2017.
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