Tango Diamond Sales From Oena Diamond Mine, South Africa
19 May 2018 - 1:32AM
Tango Mining Limited (“Tango” or the “Company”)
(TSXV:TGV) is pleased to provide an update on diamond sales results
from the Oena Diamond Mine, Republic of South Africa (“Oena” or the
“Property”). During the most recent production period ending 10 May
2018, a total of 72.81 carats (62 diamonds) were produced, placed
on tender in Kimberley and sold with an average price of
US$1,022.53 per carat. This includes a 9.4 carat diamond which sold
at US$3,085 per carat.
Diamond production from Oena, since acquisition,
including production from both run of mine (“ROM”) material as well
as pan tailings (“Tailings”), now totals 1,866 carats that have
been sold at an average price of US$1,117 per carat. A total of
25,860t of both ROM and Tailings material were processed during the
most recent production period.
On behalf of the Board of Directors of
Tango Mining LimitedSamer
KhalafChief Executive
Officer info@tangomining.com
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
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