Tango Announces Extension of Dorstfontein East, West and Forzando Contracts

2017-07-06 / @nasdaq

 

VANCOUVER, British Columbia, July06, 2017(GLOBE NEWSWIRE) -- Tango Mining Limited ("Tango" or the "Company") (TSXV:TGV) is pleased to announce that three Operation and Maintenance of Coal Processing Plant Agreements, in respect of three Exxaro coal mines, Dorstfontein East, West and Forzando, have been renewed for three years, to June 2020.

The three coal mines are located within the Ogies and Highveld coalfields, Mpumalanga Province, South Africa. Tango operations at the three collieries consist of over 230 permanent employees and the agreements collectively call for a minimum target of 6,240,000 tonnes to be processed per annum for the next three years.

Tango has a continued development plan in place to grow the business using the successful past 19-year business model, an established market presence and its proven successful operational reputation in the coal, base and precious metal and precious stone African mining sector.

The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has neither approved nor disapproved the contents of this press release.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Mr. Terry L. Tucker, P.Geo.
Executive Chairman
Tango Mining Limited
terry.t@tangomining.com

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