MDM Mdm Engin.

TIDMMDM

RNS Number : 4757U

MDM Engineering Group Ltd

03 December 2013

MDM Engineering Group Limited

("MDM" or the "Company")

MDM awarded PEA for Misisi project in the DRC

MDM Engineering (AIM: MDM), the minerals process and project management company focused on the mining industry, is pleased to advise that it has been awarded the preliminary economic assessment ("PEA") for Casa Mining's ("Casa") gold Misisi project in the Democratic Republic of Congo ("DRC").

The project is located in the east of the DRC, 152km south east of Banro's Namoya project. Casa has been exploring the project area where artisanal miners have been recovering gold for approximately 35 years.

As of July 2013, over 14,000 metres had been drilled. Metallurgical testwork has provided favourable results for both gravity and leach recovery.

Casa requested that MDM comment on the test work results achieved to date and on the proposed PFS test programme with particular reference to the experience gained at the Namoya mine currently being constructed by MDM. Namoya is located in the eastern DRC near the Misisi project site.

In parallel with this, further metallurgical testwork will take place to assess potential recovery of the gold. Subject to the results, this will lead through to a Feasibility Study.

Kevin Stock, MDM's General Manager of Proposals said:

"MDM has an excellent track record in the DRC and is in a good position to put to use its in-country expertise alongside its team's extensive gold knowledge for the Misisi gold project's PEA. MDM looks forward to working with Casa Mining in what we believe will be a long and successful relationship from its PEA through to execution".

Enquiries:

 
 MDM Engineering Group Limited         Tel: +27 11 993-4300 
 Martin Smith (CEO) 
 George Bennett (Executive Director) 
 
 Canaccord Genuity Limited             Tel: +44 (0) 207 523 8000 
 NOMAD and Broker 
 Neil Elliot 
 Chris Fincken 
 Joe Weaving 
 
 Tavistock Communications              Tel: +44 (0) 207 920 3150 
 Financial Public Relations and 
  Investor Relations 
 Emily Fenton 
 Jos Simson 
 

KEY INFORMATION:

MDM:

MDM Engineering Group Limited is a minerals process and project management company focused on the mining industry. The Company provides a wide range of services from preliminary and final feasibility studies, through to plant design, construction and commissioning. To date, the Company's clients have largely been junior and mid-tier mining corporations with operations in Africa.

The MDM Engineering core technical team has a 25 year track record of completing a wide range of studies and execution projects across a variety of minerals, including precious metals, base metals, ferrous and non-ferrous metals, uranium and diamonds.

The Company has adopted an approach to project execution based on an open-book Engineering, Procurement, and Construction Management "EPCM" or "cost-plus" basis and on a Engineering, Procurement and Construct (EPC) basis. With a core focus on Africa, MDM Engineering is setting the benchmark standard for best practice in the mining services industry through its commitment to providing the highest quality services and actively engaging with clients to ensure maximum transparency.

www.mdm-engineering.com

CASA MINING LTD:

Casa Mining Ltd, a specialist in exploration for gold in Africa, aims to create shareholder value by the discovery, delineation, and development of quality mineral resources to best industry practice.

CASA through its subsidiaries is focussed on gold exploration in the Democratic Republic of Congo (DRC). CASA boasts a strong shareholder register.

Casa Mining has extensive DRC exploration experience and is currently drilling the flagship Misisi gold prospect in South Kivu (DRC).

www.casamining.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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