- Keras Resources said it had been granted permission to undertake a bulk sampling metallurgical testwork programme at the Nayega manganese project in northern Togo.

The work would include the processing of 10,000 tonnes of ore by a major producer of manganese-based alloys, to assess the suitability of the ore in their smelting facilities.

The testwork, estimated to cost $1.5m, would be fully funded by the end-user.

'Over the past several months we have been engaged in constructive discussions with the Ministry of Mines and other regulatory bodies in Togo on how to progress the Nayega project into a profitable mine,' chief executive ussell Lamming said.

'The approval for a large-scale bulk sample is a significant step forward in those discussions.'

At 2:22pm: [LON:KRS] Keras Plc share price was +0.04p at 0.39p

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