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Updated Romang Island Manganese Resource Estimate: 30% Global Increase And 56% Indicated Resource

13th May 2014

  

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Indicated and Inferred Mineral Resource up 30% in tonnage and up 28% in Manganese metal content

  • Indicated Mineral Resource 413,000 tonnes at 41.6% Mn
  • Inferred Mineral Resource 325,000 tonnes at 40.5% Mn
  • Total Mineral Resource 738,000 tonnes at 41.1% Mn

• Resource Estimate completed to JORC (2012) standard by independent consultants
• Indicated Resources comprise 56% of total tonnage and 57% of total metal
• Revised Manganese Scoping Study to incorporate new mineral resource estimate
• Drilling at Manganese Valley continues in parallel with project development initiatives
• Manganese Project Feasibility Study advancing

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