ASX ANNOUNCEMENT 1 July 2015
Triton Minerals Ltd
ASX: TON
ABN: 99 126 042 215
Street address:
278 Barker Road
Subiaco
Western Australia 6008
Postal address:
PO Box 1518
West Perth
Western Australia 6872
Tel: +61 8 6489 2555
Fax: +61 8 9388 1252
Email: [email protected] Web:
www.tritonmineralsltd.com.au
Projects: Mozambique Balama North Graphite-Vanadium Ancuabe Graphite
Balama South Graphite
Holder of the world's largest known
combined graphite-vanadium resource.
RUBICON RESOURCES LTD ENGAGED TO ASSIST
DEVELOPMENT OF MOZAMBIQUE PROJECTS
PACMOZ, LDA
HIGHLIGHTS
Rubicon Resources Ltd Engaged
Mozambique Project Manager Appointed
Triton Minerals Limited (ASX: TON, Triton or Company) is pleased to advise the formation of a strategic partnership with the engagement of Rubicon Resources Ltd (Rubicon or ASX: RBR) to provide key support services in Mozambique. Triton is also pleased to announce the appointment of the Company's Mozambique Project Manager, Mr Gidião Mbanze.
Triton has engaged Rubicon as its preferred Mozambique service provider to assist in key aspects of the development and operational phases of its three Mozambique graphite projects (Nicanda Hill, Ancuabe and Pemba Graphite Factory).
Rubicon, through their Mozambique subsidiary PacMoz Lda (PacMoz), has been engaged to provide Triton with a broad range of in-country support services including; permitting, licencing, business administration, human resources (including recruitment, contract management, training and immigration) and legal support.
Rubicon intends developing a medical services business in Pemba, which will be able to provide further support to Triton with the provision of pre- employment medicals and periodic medical support. Rubicon is also assisting with logistical services as we head rapidly towards graphite production.
Triton Minerals' CEO & Managing Director Brad Boyle said: "Triton is developing the world's largest flake graphite deposit, in Cabo Delgado province of Northern Mozambique at Nicanda Hill. Triton is transitioning from an explorer, to developer and, ultimately, a manufacturer of high quality and high value graphite products.
The formation of this strategic partnership with Rubicon provides Triton with strong support in the form of an established, professional and accredited Mozambique team.
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PacMoz is widely acknowledged for their in-country Mozambique expertise, established affiliations and infrastructure experience thus providing Triton a greater level of security and support, whilst helping to minimise the normal challenges faced by companies during the foreign mine development phase.
Triton's strategic plans integrate seamlessly with Rubicon's services strategy in Mozambique. The services agreement concluded above is but the first of several mutually beneficial business arrangements being considered by both companies to ensure that each party can concentrate on its core capabilities and thus maximising efficiencies and shareholder value.
Given Rubicon's (and PacMoz's) Mozambique base and established in-country operating experience and network, we believe that the alliance will not only facilitate the rapid development the projects, but afford to Triton a competitive advantage in the Mozambique graphite supply and manufacturing industry."
Richard Carcenac, CEO of Rubicon Resources said: "We are pleased to formalise our relationship with Triton as it executes its Mozambican strategy of both developing it's world class flake graphite resource and beneficiating a locally-produced high value end-product. It is especially rewarding to work with a management team that understands Mozambique as we do, and who remain committed to creating wealth and prosperity not only for their shareholders, but also for the citizens and communities of Mozambique. Rubicon Resources differentiates itself in Mozambique through the way in which we service the needs of our clients while focusing on local content and the development of local Mozambicans. This agreement is the first of several exciting opportunities we will explore with Triton."
MOZAMBIQUE PROJECT MANAGER
Triton is pleased to confirm the appointment of Mr Gidião Mbanze as the Mozambique Project Manager. Mr Mbanze is a Mozambican citizen and holds a Bachelor of Aeronautical and Mechanical Engineering from the University of Wales.
He has over 9 years of experience in Project Management Systems and Reliability engineering in some
of the world's largest mining companies including BHP Billiton and Vale.
Mr Mbanze's local knowledge and experience has provided Triton a tremendous level of support, with the local community and government engagement and he has helped the Company to establish and further strengthen existing relationships with all levels of government.
Mr Mbanze's appointment is the first of many key appointments, as Triton establishes itself in
Mozambique to become a major mine developer and graphite product manufacturer.
CONCLUSIONS
The formation of the strategic relationship with Rubicon and the engagement of Mr Mbanze are the next steps in the continued rapid development of the all three Mozambique graphite projects, providing Triton a strong base on which to grow the TMG product range.
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Triton will be providing further updates on the progress of the Mozambique graphite projects shortly. Regards
Brad Boyle
CEO & Managing Director
Triton Minerals Ltd
For further information, please contact:
Brad Boyle
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Michael Brady
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CEO & Managing Director
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General Counsel & Company Secretary
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Tel: + 61 8 6489 2555
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Tel: + 61 8 6489 2555
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Email: [email protected]
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Email: [email protected]
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Forward-Looking Statements
This document may include forward-looking statements. Forward-looking statements include, but are not necessarily limited to, statements concerning Triton Minerals Limited's planned exploration program and other statements that are not historic facts. When used in this document, the words such as "could", "plan", "estimate" "expect", "intend", "may", "potential", "should" and similar expressions are forward-looking statements. Although Triton Minerals Limited believes that its expectations reflected in these are reasonable, such statements involve risks and uncertainties, and no assurance can be given that actual results will be consistent with these forward-looking statements.
Vision
Holder of the world's largest known combined graphite-vanadium resource
Led by a highly experienced board and management team, Triton's primary vision is to grow shareholders value through discovery and development of graphite, gold and other precious, base and industrial minerals deposits. Further, Triton will explore vertical integration opportunities to supplement its core business and to create valued revenue streams to ultimately benefit Triton's shareholders.
TMG and beyond
Triton hopes to establish Triton Mozambique graphite, produced from its Mozambique graphite projects (TMG) as the global graphite-industry benchmark by aiming to offer the world's lowest cost and most diversified graphite product range, together with the longevity of a reliable supply of high quality flake graphite.
Triton hopes to establish Triton Mozambique graphite, produced from its Mozambique graphite projects (TMG) as the global graphite-industry benchmark.
Triton is also actively pursuing vertical integration opportunities to be involved in all aspects of the graphite supply chain, which
Triton believes will add significant value to the Company and its shareholders in the long term.
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