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| Date | 27 Jan 2023 |
| Time | 07:00:05 |
| Category | Miscellaneous |
| ID | 0853O |
Andrada Mining Limited
("Andrada" or the "Company")
Confirmation of Change in Website Address
Andrada Mining Limited (AIM: ATM) announces that, further to its announcement on 10 January 2023 regarding the change of its name from Afritin Mining Limited to Andrada Mining Limited, the Company's website address has changed to www.andradamining.com with immediate effect. The information required pursuant to AIM Rule 26 can be found at this address: https://andradamining.com/investor-centre/aim-rule-26/.
For further information please visit the Company's website: www.andradamining.com or contact:
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Andrada Mining Limited |
+27 (11) 268 6555 |
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Anthony Viljoen, CEO Sakhile Ndlovu, Head of Investor Relations |
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Nominated Adviser |
+44 (0) 207 220 1666 |
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WH Ireland Limited Katy Mitchell |
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Corporate Advisor and Joint Broker |
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H&P Advisory Limited Andrew Chubb Jay Ashfield Nilesh Patel |
+44 (0) 20 7907 8500 |
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Stifel Nicolaus Europe Limited Ashton Clanfield Callum Stewart Varun Talwar |
+44 (0) 20 7710 7600 |
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Tavistock Financial PR (United Kingdom) |
+44 (0) 207 920 3150 |
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Emily Moss Catherine Drummond Adam Baynes |
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About Andrada Mining Limited
Andrada Mining Limited, formerly Afritin Mining Limited, is a London-listed technology metals mining company with a vision to create a portfolio of globally significant, conflict-free, production and exploration assets. The Company's flagship asset is the Uis Mine in Namibia, formerly the world's largest hard-rock open cast tin mine.
Lithium laboratory test work completed during the 2022 calendar year indicated a high-grade, ultra-low iron lithium petalite concentrate. The test work to convert lithium petalite concentrate to battery-grade lithium hydroxide was initiated with Nagrom, a leading Australian processing company, and commercial engagements with lithium petalite concentrate off - takers are on-going.
An exploration drilling programme is currently underway with the aim of expanding the tin resource over the fourteen additional, historically mined pegmatites, all of which occur within a 5 km radius of the current processing plant. The Company has set a mineral resource target of 200 Mt to be delineated within the next 5 years. The substantial mineral resource potential allows the Company to consider economies of scale.
Andrada is managed by a board of directors with extensive industry knowledge and management team with deep commercial and technical skills. Furthermore, the Company is committed to the sustainable development of its operations and the growth of its business. This is demonstrated by how the leadership team places significant emphasis on creating value for the wider community, investors, and other key stakeholders. Andrada has established an environmental, social and governance system which has been implemented at all levels of the Company and aligns with international standards.