Press releases

Wits Gold award

MDM awarded Casa Mining PEA

03 December 2013

MDM Engineering (AIM: MDM), the minerals process and project management company focused on the mining industry, is pleased to advise that it has been awarded the preliminary economic assessment (“PEA”) for Casa Mining’s (“Casa”) gold Misisi project in the Democratic Republic of Congo (“DRC”).

The project is located in the east of the DRC, 152km south east of Banro’s Namoya project. Casa has been exploring the project area where artisanal miners have been recovering gold for approximately 35 years.

As of July 2013, over 14,000 metres had been drilled. Metallurgical testwork has provided favourable results for both gravity and leach recovery.
Casa requested that MDM comment on the test work results achieved to date and on the proposed PFS test programme with particular reference to the experience gained at the Namoya mine currently being constructed by MDM. Namoya is located in the eastern DRC near the Misisi project site.
In parallel with this, further metallurgical testwork will take place to assess potential recovery of the gold. Subject to the results, this will lead through to a Feasibility Study.

Kevin Stock, MDM’s General Manager of Proposals said:
“MDM has an excellent track record in the DRC and is in a good position to put to use its in-country expertise alongside its team’s extensive gold knowledge for the Misisi gold project’s PEA. MDM looks forward to working with Casa Mining in what we believe will be a long and successful relationship from its PEA through to execution”.

Enquiries:

MDM Engineering Group Limited

Martin Smith (CEO)
George Bennett (Executive Director)


Tel: +27 (0) 11 993 4300

Canaccord Genuity Limited
NOMAD and Broker

Neil Elliot
Chris Fincken
Joe Weaving

Tel: +44 (0)20 7523 8000

Tavistock Communications
Financial Public Relations and Investor

Emily Fenton
Jos Simson

Tel: +44 (0)20 7920 3150

KEY INFORMATION

CASA MINING LTD:
Casa Mining Ltd, a specialist in exploration for gold in Africa, aims to create shareholder value by the discovery, delineation, and development of quality mineral resources to best industry practice.

CASA through its subsidiaries is focussed on gold exploration in the Democratic Republic of Congo (DRC). CASA boasts a strong shareholder register.

Casa Mining has extensive DRC exploration experience and is currently drilling the flagship Misisi gold prospect in South Kivu (DRC).

www.casamining.com

 

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