Baobab Resources plc (LON:BAO) Receives Positive Scoping Study Results From Tete Project
Baobab Resources plc (LON:BAO) is an iron ore, base and precious metals explorer with a portfolio of exploration projects in Mozambique. The Company is pleased to present a summary of the Scoping Study (the 'Study') completed by independent consultants, Coffey Mining Pty Ltd, assessing the economic viability of the Company's Tete iron/vanadium/titanium Project ("the Project") in Mozambique. The Study has been completed to a 'scoping' level of accuracy, based on available technical information, and the results reported should be treated accordingly.