Celamin Holdings Ltd
ASX:CNL ISIN:AU000000CNL9
Through Celamin Ltd (Celamin), the Company's immediate focus is the Bir El Afou Phosphate project held in partnership with local company Tunisian Mining Services SA (TMS). A pre feasibility study targeted on a high grade, low cost Stage 1 mine development is expected to be completed by end September 2011. The Company has currently targeted first mine production by the end of 2013.
Celamin also holds another Phosphate exploration permit in Tunisia with TMS (Chaketma). This project has larger target potential than Bir El Afou. The Company1s development plan is for a sequential staged development depending on market conditions once Bir El Afou Stage 1 is in production.
Celamin has also acquired rights to several base metal tailings Projects in Tunisia with TMS and is farming in to an Exploration Permit with base metal (Pb/Zn) targets.
News
Celamin Holdings NL (ASX:CNL) says today that Celamin Ltd has commenced a program of drilling and trenching in the Chaketma Exploration Permit in Northern Tunisia held and funded jointly (50%:50%) with Tunisian Mining Services SARL.
Celamin Holdings NL (ASX:CNL) is pleased to announce the results of Celamin Ltd's (Celamin) Prefeasibility Study (PFS) conducted over the Bir El Afou Project (BEA) in Northern Tunisia. BEA is located within the 84 km2 Bir El Afou Exploration Permit held by Celamin (80%) and Tunisian Mining Services SARL (TMS:20%).
Celamin Holdings NL (ASX:CNL) is pleased to announce that drilling has now commenced at the large CHAKETMA Phosphate project.
Celamin Holdings NL (ASX:CNL) is pleased to announce that Celamin Ltd as Project Manager has completed a Pre-Feasibility Study on the Bir El Afou Phosphate Project in Northern Tunisia.
Celamin Holdings NL (ASX:CNL) is pleased to announce that it has advanced a further A$1 million to Celamin Ltd (CL) pursuant to the terms of its Acquisition Agreement with CL.
Celamin Holdings NL (ASX:CNL) issue June 2011 Quarterly Report.
Celamin Ltd has advised Celamin Holdings NL (ASX:CNL) that trench and drill hole sampling results have been received for the Salsala Prospect and for trenches and a pit at Bir El Afou prospect. These results have confirmed the Phosphate mineralisation as expected.
Celamin Limited has advised Celamin Holdings NL (ASX:CNL) that Celamin Limited and its new wholly owned subsidiary Celamin Algeria WLL signed the Earn-In agreement with Faïenceries Algériennes on 24th April 2011 in Algiers.
Celamin Holdings NL (ASX:CNL) update on company projects and activities.
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