Dec 20 2013
Mabwe Minerals Inc. (the "Company"), a natural resources company engaged in the mining and commercial sales of industrial minerals and metals, is pleased to announce that Zimbabwe affiliate, Mabwe Minerals Zimbabwe (Private) Ltd., has been issued a second purchase order for 10,000 metric tons. This new order brings the total tonnage purchased this quarter to 12,000 metric tons, which exceeds earlier estimates.
To view the latest edition of the MabweMessage Newsletter, which shows the purchase order, on-site multimedia and additional information, visit http://dtg.fm/mbmi-letter-12-18-13.
The third visit by Steinbock Minerals was completed in early December. Working side-by-side with WGB Kinsey & Company, all parties continue to implement processes and procedures to further improve production efficiencies at Dodge Mine. A jigging system has been identified in South Africa. Four truckloads of barite will be sent to the site for final testing shortly after the New Year.
WGB Kinsey & Company has now cleared all overburden and staged halo zone barite for further jigging once in production by the second quarter. The east barite lens has now been fully exposed with production into the lens to begin after the New Year. During the process, an ADIT tunnel was exposed leading 60 meters into the first hill of Dodge Mine. The tunnel exposed the barite lens continuing into the first mountain trending upwards towards the historic Glory Hole as expected.
In further news, the Pycnometer test equipment has been delivered as part of the company's roadmap to install a Dodge Mine test facility on site. The instrument will be used for determining the specific gravity of barite.
Tapiwa Gurupira, Director of Mabwe Minerals, commented, "We are excited about the events shaping up for the first quarter next year. Steinbock Minerals has released their second purchase order exceeding expectations, WGB Kinsey will begin barite production into the barite lens, large quantities of barite targeted for the jigging system is stockpiled, testing of the jigging equipment in South Africa is in play and the first key piece of test equipment for the Dodge Mine test facility is in house."
About Mabwe Minerals Inc.
Mabwe Minerals Inc. is a U.S. based natural resources and hard asset company engaged in the mining, logistics and commercial sales of industrial minerals and metals, with first focus on barite and limestone. The company's operations are conducted through its Zimbabwe parent/holding affiliate, Mabwe Corporation (Private) Limited, which includes wholly owned subsidiary Mabwe Minerals Zimbabwe (Private) Limited and minority owned WGB Kinsey & Company. Raptor Resources Holdings Inc. (OTCQB: RRHI), MBMI's parent/holding company, owns 90 million common shares of Mabwe Minerals. To learn more about Mabwe Minerals, visit: www.mabweminerals.com or www.dtg.fm/MBMI-Presentation.