Alexander Mining plc
TSX VENTURE : AXD
AIM : AXM

September 13, 2012 06:30 ET

Alexander Mining plc-Good Test Work Results for Red Crescent Resources Limited on Hakkari Zinc Project Samples

LONDON, UNITED KINGDOM--(Marketwire - Sept. 13, 2012) - Alexander Mining plc (TSX VENTURE:AXD)(AIM:AXM) ('Alexander' or the 'Company') -

Alexander is pleased to report favourable AmmLeach® amenability testwork results for the recovery of zinc from samples provided by Red Crescent Resources Limited ('RCR') from its Hakkari Zinc Project in far south-east Turkey.

The Hakkari testwork has shown that zinc recoveries of at least 80% should be possible once the pre-treatment and leaching conditions are optimised. The completion of these amenability tests has shown that AmmLeach® could be used for leaching zinc from the Hakkari ore to produce either zinc metal or an intermediate zinc oxide product.

Further test work is required to:

1. Optimize leaching;

2. Investigate particle size effects on recovery;

3. Measure and optimize reagent consumption; and

4. Evaluate the various options available to produce a final product.

The findings of this testwork and next steps are being considered by RCR.

Forward Looking Statements

This news release may contain forward looking statements, being statements which are not historical facts, including, without limitation, statements regarding potential mineralization, exploration results, resource or reserve estimates, anticipated production or results, sales, revenues, costs, "best-efforts" financings or discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company's expectations are in Company documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com. The Company disclaims any intention or obligation to revise or update such statements unless required by law.

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.

Contact Information

  • Alexander Mining plc
    Martin Rosser
    Chief Executive Officer
    Mobile: + 44 (0) 7770 865 341

    Alexander Mining plc
    Matt Sutcliffe
    Executive Chairman
    Mobile: +44 (0) 7887 930 758

    Alexander Mining plc
    1st Floor, 35 Piccadilly
    London, W1J 0DW
    +44 (0) 20 7292 1300
    +44 (0) 20 7292 1313 (FAX)
    mail@alexandermining.com
    www.alexandermining.com

    RFC Ambrian Limited
    Samantha Harrison / Jen Boorer
    Nominated Advisor and Broker
    +44 (0) 20 3440 6800

    Britton Financial PR
    Tim Blackstone
    Public/Media Relations
    +44 (0) 20 7242 9786