We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
21Shares AG | EU:MANA | Euronext | Exchange Traded Fund |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0051 | 0.29% | 1.7456 | 1.8977 | 1.8164 | 1.9217 | 1.7267 | 1.7649 | 4,510 | 16:35:02 |
RNS Number:6382R Mano River Resources Inc 04 November 2003 MANO RIVER RESOURCES INC. NEWS RELEASE 4 November 2003 No: 2003/20 TSX Venture Exchange (Trading Symbol: MNO) London Stock Exchange - AIM (Trading Symbol: MANA) EXPLORATION UNDERWAY AT YIRISEN GOLD PROJECT IN SIERRA LEONE *3.75 km long gold system open along strike *Zone of mineralisation locally up to 200m wide *5,000m - 10,000m multi-rig drill programme planned to produce resource estimate Mano River Resources Inc. ("Mano"), a pioneering West African gold and diamond exploration company, announces the scaling up of its surface exploration programme on its Yirisen gold project. The Yirisen project is located in Sierra Leone, 150km east of Freetown within Mano's North Pampana Exclusive Prospecting Licence (EPL) which, together with its contiguous South Pampana EPL, targets crustal-scale gold mineralised shear zones across 140km2 of the southern end of the Sula Mountains greenstone gold belt. The EPLs include stretches of the Pampana River, one of Sierra Leone's richest and oldest alluvial gold mining systems. Yirisen is Mano's most advanced gold project in Sierra Leone, historic work returning a best trench intersect of 6.4m@23g/t Au, as described in the news release of 11th September 2003 (http://www.manoriver.com/mano/investor/nr/ nr0318_11sep.pdf). The Yirisen gold system, as defined by a combination of mapped sites of in situ mineralization, artisanal workings and soil geochemical anomalies (see http://www.manoriver.com/mano/projects/gold_sl_pampana.shtml), trends north-north east with a current inferred strike length of 3.75 km, open in both directions. Independent consultants ACA Howe International Ltd report from a recent visit to Yirisen that several bands of high-grade gold mineralization occur over a total width of up to 200m. Artisanal workings, extending to depths of up to 5m, confirm that gold is not solely restricted to the high-grade veins and that within both the oxide and sulphide zones, is partially free milling. On the subject of progress at the Yirisen gold project Mano's CEO, Dr Tom Elder, comments: "Based on the surface expression of the gold system, evidence from artisanal workings and results from historic work, Mano has high expectations for exploration success at Yirisen. Our stated benchmark for gold exploration is deposits grading at least 4g/t, with potential for greater than one million ounces and amenable to large-scale open-pit mining methods. Such deposits typically require large structures in which to form, carry significant surface geochemical signatures and are proximal to extensive primary or secondary artisanal gold workings, all characteristics which Yirisen displays." Mano's geological field crews have been mobilised to the Yirisen camp, with a four week surface exploration programme now underway aimed at verifying previous sampling carried out by the Geological Survey of Sierra Leone, the Northern Province Prospecting Venture and the UN. Much of the historic trench and channel sampling was selective in nature, with disseminated mineralization between high grade zones of veining and sulphides appearing to have not been adequately tested, despite reports by local miners that gold is won from this material. The current sampling will enable an aggressive first phase drilling programme to be designed to thoroughly test the mineralization and, subject to results obtained, permit the estimation of a preliminary resource. It is anticipated that this drill programme will, subject to the availability of financing, comprise 5,000 to 10,000m of diamond core drilling to be undertaken in the first quarter of 2004. Given the potential scale of the Yirisen project, it is envisaged that up to three rigs may be mobilised in the initial drilling programme. Appointment of UK financial public relations advisers Mano is also pleased to announce the appointment of Capital Integrated Marketing Communications (Europe) Ltd ("Capital"), to act as its financial public relations adviser in the UK. This ensures continuity of service, following the move to that company of Mano's London-based investor relations manager, Mr Gary Middleton. Capital is a financial PR company with offices in Australia, London and China, specialising in natural resources. Its strengths lie in the personal relationship it has with the media and with the financial community, through the extensive contacts and experience of its staff. Capital will provide a valuable service to Mano, aimed at lifting its profile so as to achieve a better appreciation in the investment community and media of the Company's portfolio of gold and diamond exploration projects in West Africa. About Mano Mano is focused on the discovery of world-class gold and diamond deposits in the Archaean terrain of the highly prospective, yet under-explored, West African Mano River Union countries of Sierra Leone, Liberia and Guinea. The Company has close to one million ounces of gold in resource, a cluster of diamondiferous kimberlite pipes under joint venture and a number of highly attractive early stage gold and diamond targets. Management has a strong technical background, a thorough knowledge of the political and economic structures of West Africa and a successful track record. With increasing market recognition of the recent positive evolution in the regional political and economic landscape, Mano is well positioned to capitalise on its position as a leading gold and diamond explorer in the sub-region. On behalf of the Board of Mano River Resources Inc. Tom Elder President and CEO For further information on Mano River Resources and its exploration programme, you are invited to visit the Company's website at www.manoriver.com or contact one of the following: Tom Elder President and CEO UK +44 (0) 1235 810 740 Guy Pas Co-Chairman Switzerland +41 22 758 2151 Anthony Rhatigan Co-Chairman Mobile +44 (0) 7785 297 348 Raz Hussein Controller Canada +1 (604) 689 1700 Dru Edmonstone Seymour Pierce UK +44 (0) 7107 8000 Gary Middleton Capital PR UK +44 (0) 7951 603 289 The TSX Venture Exchange has not reviewed and does not take responsibility for the adequacy or accuracy of this release This information is provided by RNS The company news service from the London Stock Exchange END MSCUUGMCGUPWUBC
1 Year 21Shares Chart |
1 Month 21Shares Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions