Premier African Minerals Limited provided an update on RHA Tungsten Private Limited ("RHA") and Zulu Lithium Private Limited ("Zulu"). Premier has completed a new conceptual underground Conceptual Mine Plan for RHA ("Conceptual Mine Plan") in conjunction with technical assistance from independent South African mine planning consultants, Bara Consulting (Pty) Limited ("Bara Consulting"), geological consultants Shango Solutions ("Shango") and metallurgy and process engineer Multotec Process Equipment (Pty) Limited ("Multotec"). This Conceptual Mine Plan has been based on a revised RHA underground Mineral Resource estimate relating to the parts of the ore body included within the Conceptual Mine Plan. The objective of the new Conceptual Mine Plan is to assess the potential impact of returning RHA to production and assess whether RHA can generate a return on Premier's investment to date in surface infrastructure, plant and equipment at RHA at minimal additional capital costs, based on using just the existing vertical access shaft (the previous study had included the construction of a new high-capacity decline shaft). The Conceptual Mine Plan assesses an underground production rate of 6,000 tons per month with a projected life of mine of 10 years and indicates a peak funding requirement of US$2.5 million and a payback within 16 months. As Premier has resolved not to commit further funding to RHA, the new funding would need to be provided by a third party (being either the National Indigenisation, and Economic Empowerment Fund ("NIEEF") or another party). The drilling programme has commenced at Zulu and, despite delays caused by increasing Covid-19 infections in Zimbabwe and Government action in controlling the spread of the virus, the Company remains on track with its plans to prepare Zulu's Definitive Feasibility Study in line with previously reported timelines.