REG - Zanaga Iron Ore - Investor Presentation

Zanaga Iron OreAnnouncement

07/11/2023 07:00

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RNS Number : 5612S  Zanaga Iron Ore Company Ltd  07 November 2023

7 November 2023

Updated Investor Presentation

Zanaga Iron Ore Company Limited ("ZIOC" or the "Company") (AIM: ZIOC), is
pleased to announce that an updated investor presentation has been uploaded to
the Company's website and can be accessed using the following link: Zanaga
Investor Presentation Link
(https://www.zanagairon.com/wp-content/uploads/2023/11/Zanaga-Investor-Presentation-1-Nov-2023-1.pdf)

The investor presentation includes further information on the Company's
Feasibility Study update process with its Chinese EPC Partner, particularly
highlighting the significance of this exercise being conducted to a
'feasibility study' level of accuracy, versus previous re-costing exercises
which were conducted to only 'concept level' accuracy.

The Company expects to also benefit from its Chinese EPC Partner's ability to
secure lower Chinese contractor pricing, as well as specialised design and
construction expertise in slurry pipeline projects as well as iron ore pellet
feed concentrate projects similar to the Zanaga Project.

The investor presentation also includes further information on the Company's
corporate strategy (announced in September 2023) which seeks to advance key
milestones and objectives through to the end of Q1 2024, including:

·    Feasibility Study update - End 2023

·    Hydro power partnership - Q1 2024 (Memorandum of Understanding)

·    Port partnership - Q1 2024 (Memorandum of Understanding)

·    Strategic partner initiative - Q1 2024 (Memorandum of Understanding)

 

For further information, please contact:

Zanaga Iron Ore

Corporate Development and                           Andrew
Trahar

Investor Relations Manager                            +44 20
7399 1105

Liberum Capital Limited

Nominated Adviser
  Scott Mathieson, Kane Collings

and Corporate Broker
                                      +44
20 3100 2000

 

About us:

Zanaga Iron Ore Company Limited (AIM ticker: ZIOC) is the owner of 100% of the
Zanaga Iron Ore Project based in the Republic of Congo (Congo Brazzaville).
The Zanaga Iron Ore Project is one of the largest iron ore deposits in Africa
and has the potential to become a world-class iron ore producer.

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