The Montepuez Ruby Update presentation for Analysts
Gemfields plc (AIM: GEM) is pleased to announce the publication of a Competent Persons Report (“CPR”) produced by SRK Consulting (UK) Limited (“SRK”) on the Montepuez Ruby Mine (“MRM” or “Montepuez”), which is 75% owned by Gemfields and 25% by local partners, Mwiriti Limitada. The CPR includes MRM’s maiden Mineral Resource and Ore Reserve estimates and accompanying Statements prepared in accordance with JORC Code (2012).
Gemfields plc (AIM: GEM) will announce its maiden JORC resource at its 75% owned Montepuez ruby deposit in Mozambique on Wednesday 22 July 2015.
Gemfields Annual report and financial statements 2015
SRK Consulting (UK) Limited (SRK) is an associate company of the international group holding company, SRK Global Limited (the SRK Group). SRK has been commissioned by the board of Gemfields Plc (hereinafter also referred to as the “Company” or “Gemfields”) to prepare a Competent Persons’ Report (CPR) on the Montepuez Ruby Project (“Montepuez” or “the Project”) in Mozambique. Montepuez Ruby Mining Lda (“MRM”) is the project operator, and a joint venture between Gemfields and Mwiriti Lda.