Tango Diamond Sales From Oena Diamond Mine, South Africa
28 August 2018 - 2:05AM
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”). During the most recent production period ending 15 August
2018, a total of 140 carats (76 diamonds) were produced, placed on
tender in Kimberley and sold with an average price of US$1,421 per
carat. This includes a 6.41 carat diamond which sold at US$5,443
per carat.
Diamond production from Oena, since acquisition,
including production from both run of mine (“ROM”) material as well
as pan tailings, now totals 2,327 carats that have been sold at an
average price of US$1,298 per carat. A total of 41,610 tonnes 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.
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