Press Release

Grand News Network | June 5, 2024

TRUSTCO’S MEYA MINING INVESTMENT CONFIRMS $763 MILLION DIAMOND RESOURCE

Windhoek, Namibia, 5 June 2024 – Trustco Group Holdings Limited (TTO.SJ) has announced that Meya Mining, in which Trustco’s mining portfolio holds a 19.5% interest, and is located within the eastern province of Sierra Leone, has released promising findings from a diamond resource estimate for the Meya River Kimberlite Dyke.

The report confirms the total kimberlite ore down to a depth of 800m below surface is 6.05 million tonnes. The assessed in-situ grade is 33 carats per hundred tonnes, translating to a total of 1.99 million carats contained within Meya River and an estimated value of USD 763 million (of which USD 104 million is in the indicated category and USD 659 million inferred), based on an average value of USD 382 per carat.

TRUSTCO’S MEYA MINING INVESTMENT CONFIRMS 3 MILLION DIAMOND RESOURCE

Quinton Z van Rooyen, Trustco’s Deputy CEO

Quinton Z van Rooyen, Trustco’s Deputy CEO, stated, “The findings from the Meya River Kimberlite Dyke are encouraging and validate our investment in Meya Mining. This resource estimate underscores the potential of the mine, and we are excited about the next steps in advancing this diamond resource.”

This assessment covers a 2.8 km strike length of the Meya River Dyke, which represents less than 5% of the total combined strike lengths of the kimberlite domains within Meya Mining’s licensed area. Five of the largest diamonds discovered globally have come from this area. Notably, in November 2017, the Meya Prosperity Diamond, the 29th largest diamond at the time, was unearthed at this site and subsequently sold for USD 16.5 million. Updates on ongoing drilling and exploration within the license area will be provided as additional resources are proven. The mine is expected to scale up commercial production within the current financial year.

The resource evaluation findings will form a pivotal part of an upcoming Preliminary Economic Assessment (PEA) report, providing a comprehensive economic analysis of the Meya River Dyke’s development potential. As of August 31, 2023, Trustco’s total investment in Meya Mining amounted to USD 116 million, representing 34.1% of Trustco’s total investment portfolio at that time.

The comprehensive report, conducted by Z Star Mineral Resource Consultants, and prepared by Principal Mineral Resource Analyst Sean Duggan, is available on the Trustco’s website at https://tinyurl.com/2twpv78v. Further updates will follow as the PEA report is finalized and additional information becomes available.

About Trustco:

Trustco Group Holdings Ltd is an investment entity headquartered in Windhoek, Namibia, which manages a diverse portfolio of investments spanning the insurance, real estate, commercial banking, micro-finance, education and mining sectors. Decisions are biased towards long-term investment performance and short-term hurdles are viewed as catalysts for future growth.

Historically, Trustco’s investment portfolio has delivered exceptional returns with a CAGR of 68.97% since 1992, with a well-balanced asset mix, with a current average weighting of 34% in US Dollar based assets, while the remaining 66% is invested in Namibia Dollar (1 NAD = 1 ZAR) based assets. Trustco enjoys the backing of a wide range of coinvestors, including 3 610 from Namibia, 1 443 from abroad, and 94 from institutional entities.

Media Contact

Organization: Trustco Group Holdings

Contact Person: Neville Basson

Website: https://www.tgh.na

Email: NevilleB@tgh.na

Contact Number: +264612754501

Address: 2 Keller Street, Trustco House

Address 2: Windhoek

City: Windhoek

State: Khomas

Country: Namibia

Release Id: 05062412879

The post TRUSTCO’S MEYA MINING INVESTMENT CONFIRMS $763 MILLION DIAMOND RESOURCE appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

Disclaimer: The views, recommendations, and opinions expressed in this content belong solely to the third-party experts. This site was not involved in the writing and production of this article.

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Burbank Remodeling Contractor Expands Century-Old Legacy into Full-Service Home Remodeling in Burbank, Los Angeles

A New Era in Home Remodeling: Burbank Remodeling Contractor Launches Comprehensive Services Including Kitchens, Bathrooms, ADUs, and Custom Carpentry Burbank, California, United States, 12th Aug 2024 - Burbank Remodeling Contractor, a family-owned business with a storied history in the carpentry trade, is excited to announce its official launch as a full-service home remodeling company in Burbank, Los Angeles. Building on a foundation of over five generations of expert craftsmanship, the company now offers a broad spectrum of remodeling services tailored to meet the diverse needs of homeowners in the Greater Los Angeles area. These services include complete home remodels, kitchen remodels, bathroom remodels, basement remodels, ADUs, home additions, home office remodels, patio remodels, disability and accessibility remodels, fireplace remodels, garage remodels, and custom carpentry and cabinetry.For more than a century, Burbank Remodeling Contractor (also known as - Bartona Builders) has been synonymous with precision, quality, and dedication to the craft of carpentry. The decision to expand into general contracting is a natural evolution for the company, driven by a desire to offer clients a more comprehensive and integrated remodeling experience. This new chapter allows Burbank Remodeling Contractor to provide homeowners with a single point of contact for all their remodeling needs, ensuring seamless project management and exceptional results from start to finish.“Our expansion into full-service home remodeling is a significant milestone for our family business,” said Matt Bartona, CEO at Burbank Remodeling Contractor. “We’ve spent generations honing our skills in carpentry, and now we’re bringing that same level of craftsmanship and attention to detail to a wider range of remodeling services. We’re committed to making the remodeling process as smooth and stress-free as possible for our clients, delivering high-quality results that they can enjoy for years to come.”The company’s approach to remodeling is deeply rooted in its customer-first philosophy. Burbank Remodeling Contractor prides itself on understanding the unique needs and preferences of each client, offering personalized solutions that are both functional and aesthetically pleasing. Whether it’s transforming a dated kitchen into a modern culinary space, designing a luxurious spa-like bathroom, or creating a custom-built ADU that adds value and versatility to a property, the company is dedicated to exceeding client expectations.In addition to traditional remodeling services, Burbank Remodeling Contractor is committed to making homes more accessible and inclusive. Their specialized disability and accessibility remodels ensure that homes are designed to accommodate the needs of all residents, providing safety, comfort, and independence. This service underscores the company’s commitment to serving the diverse needs of the Burbank community and beyond.As part of its expansion, Burbank Remodeling Contractor is also introducing a new line of custom carpentry and cabinetry services. These bespoke offerings allow clients to incorporate unique, handcrafted elements into their homes, adding character and distinction to any space. From intricately designed cabinetry to custom-built furniture, the company’s skilled artisans bring a level of craftsmanship that is increasingly rare in today’s market.“Our roots in carpentry give us a unique perspective in the remodeling industry,” added Matt. “We understand the importance of detail, quality materials, and timeless design. Our goal is to create spaces that not only meet the functional needs of our clients but also reflect their personal style and enhance the overall value of their homes.”With the launch of Burbank Remodeling Contractor, homeowners in the Greater Los Angeles area now have access to a trusted partner for all their remodeling projects. The company’s comprehensive service offering, combined with its commitment to quality and customer satisfaction, positions it as a leader in the local remodeling industry.About Burbank Remodeling ContractorBurbank Remodeling Contractor is a Burbank, Los Angeles-based home remodeling company with a legacy of over 100 years in the carpentry industry. The company recently expanded into general contracting, offering a wide range of remodeling services, including kitchen and bathroom remodels, home additions, ADUs, and custom carpentry. Family-owned and operated, Burbank Remodeling Contractor is dedicated to providing high-quality craftsmanship, personalized service, and innovative solutions that meet the unique needs of each client. Media Contact Organization: Burbank Remodeling Contractor Contact Person: Matt Bartona Website: https://burbankremodelingcontractor.com/ Email: Send Email Contact Number: +17473300305 Address:221 N. 3rd St. Suite 346 Address 2: 91502 City: Burbank State: California Country:United States Release id:15600

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June 8, 2024

Dual Restoration Expands Services Across All Five Boroughs of New York City with New Fleet of Trucks

Dual Restoration, a reputable provider of emergency water, fire, smoke, and mold restoration services, has announced its expansion to serve all five boroughs of New York City. With a new fleet of trucks, Dual Restoration is now equipped to respond quickly and efficiently to emergencies throughout The Bronx, Brooklyn, Manhattan, Queens, and Staten Island. This expansion enhances the company's ability to provide comprehensive restoration services to both residential and commercial clients, ensuring minimal downtime and disruption. Dual Restoration's commitment to excellence and safety, backed by certifications and affiliations with industry regulatory bodies, reaffirms its position as a trusted partner in the restoration industry. United States, 8th Jun 2024 - Dual Restoration, a leading provider of emergency water damage restoration services, is excited to announce the expansion of its comprehensive restoration services across all five boroughs of New York City: The Bronx, Brooklyn, Manhattan, Queens, and Staten Island. With a newly acquired fleet of trucks, Dual Restoration can now respond to emergencies more quickly and efficiently throughout the city.Enhancing Response Capabilities with a New FleetTo better serve its clients, Dual Restoration has invested in a state-of-the-art fleet of trucks designed to navigate the urban landscape of New York City. This strategic enhancement allows the company to provide rapid response for water, fire, and mold damage restoration services, ensuring minimal downtime and disruption for both residential and commercial clients.Commitment to Excellence and SafetyDual Restoration is a fully licensed and insured emergency restoration company, holding certifications from the Institute of Inspection Cleaning and Restoration Certification (IICRC) and other regulatory bodies. The company upholds the highest standards of safety and quality in every project, ensuring peace of mind for their clients during the recovery process.Comprehensive Restoration ServicesDual Restoration offers a full range of restoration services, including:Emergency water damage restoration servicesWater, fire, and mold damage restoration servicesFire and smoke damage restoration repairWater, fire, and mold restoration servicesWater and fire damage restorationBy addressing all aspects of property damage, Dual Restoration provides a one-stop solution for clients facing the aftermath of unexpected disasters.About Dual RestorationDual Restoration is dedicated to restoring damaged properties and assisting clients through recovery with ease and confidence. Serving both residential and commercial sectors, the company is committed to delivering top-tier restoration services that meet the specific needs of each client. With a focus on prompt, professional, and compassionate service, Dual Restoration stands as a trusted partner in the restoration industry.Media ContactDual RestorationPhone: 347-218-8199Email: office@dualrestoration.comWebsite: https://www.dualrestoration.com Media Contact Organization: Dual Restoration Contact Person: Mendy Fisch Website: https://dualrestoration.com/ Email: Send Email Country:United States Release id:12941

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TRUSTCO’S MEYA MINING INVESTMENT CONFIRMS $763 MILLION DIAMOND RESOURCE

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Burbank Remodeling Contractor Expands Century-Old Legacy into Full-Service Home Remodeling in Burbank, Los Angeles

Dual Restoration Expands Services Across All Five Boroughs of New York City with New Fleet of Trucks

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TRUSTCO’S MEYA MINING INVESTMENT CONFIRMS $763 MILLION DIAMOND RESOURCE

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