Tango Diamond Sales From Oena Diamond Mine, South Africa
23 June 2018 - 3:05AM
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 14
June, 2018, a total of 152.63 carats (95 diamonds) were produced,
placed on tender in Kimberley and sold with an average price of
US$973.13 per carat. This includes a 10.23 carat diamond which sold
at US$1,464.32 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 2019 carats that have been
sold at an average price of US$1,106 per carat. A total of 32,130t
of ROM material was processed during the most recent production
period.
On behalf of the Board of Directors of
Tango Mining LimitedSamer
KhalafChief Executive
Officerinfo@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.
Tango Mining Limited202
– 5626 Larch StreetVancouver, British
ColumbiaV6M 4E1, CanadaTSX
Venture: TGV www.tangomining.com
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