News & Updates | Page 2 of 7 | Mineral Commodities Ltd

High Grade Mineralisation Continues at Tormin Inland Strand

Mineral Commodities Ltd and its empowerment partner, Blue Bantry Investments 255 (Pty) Ltd), are pleased to provide the latest update on drilling from the newly granted Section 102 Amended Mining Right WC 30/5/1/2/2/10108MR and Prospecting Right WC 30/5/1/1/2/10262PR, owned by the Company’s subsidiary, Mineral Sands Resources (Pty) Ltd. The first phase of drilling at the Western Strandline has been completed with a total of 6,917 metres drilled, consisting of 311 holes for 5,995m. The drilling program targeted resource definition at the newly granted expanded Mining Rights area and northern and southern extensions of the Inland Strand, adjacent to the Tormin mining operations in the Western Cape province of South Africa.

MRC Granted Approvals To Expand Mining And Processing At Tormin

Mineral Commodities Ltd and its empowerment partner, Blue Bantry Investments 255 (Pty) Ltd, are pleased to announce that their South African subsidiary, Mineral Sands Resources (Pty) Ltd, has received notification from the Department of Mineral Resources and Energy that its application to expand the mining right at Tormin has been approved.

MRC Raises $6.58 Million Through Placement

Mineral Commodities Ltd is pleased to announce that it has received commitments from sophisticated and professional investors to raise $6.58 million (before costs including a 3% placement fee to participants) through a placement of 32,900,000 new fully paid ordinary shares at $0.20 per share.

Tormin Northern Beaches Deliver High Grade Maiden Resource

Mineral Commodities Ltd and its empowerment partners, Blue Bantry Investments 255 (Pty) Ltd, are pleased to announce a maiden JORC resource at the Northern Beaches (WC 30/5/1/1/2/10261PR) of the Tormin Mineral Sands Operation located on the west coast of South Africa.

March 2020 Quarterly Report

Tormin Operations To Resume

Mineral Commodities Ltd and its empowerment partner, Blue Bantry Investments 255 (Pty) Ltd, are pleased to advise that their 50% South African subsidiary, Mineral Sands Resources (Pty) Ltd has received notification from the South African Department of Mineral Resources and Energy that mining and processing operations can resume at the Tormin Mineral Sands Operation, in the Western Cape province of South Africa.