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NGL Norseman

2.575
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Norseman LSE:NGL London Ordinary Share GB00B2N7FW85 ORD 1.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.575 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Directorate Change (0360U)

15/12/2011 7:30am

UK Regulatory


Norseman Gold (LSE:NGL)
Historical Stock Chart


From Jul 2019 to Jul 2024

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TIDMNGL

RNS Number : 0360U

Norseman Gold PLC

15 December 2011

Norseman Gold Plc. / Epic: NGL / Index: AIM / Sector: Mining & Exploration

15 December 2011

NORSEMAN GOLD PLC

('Norseman Gold' or 'the Company')

Director Resignation

Norseman Gold announces that Mr. Peter Bilbe has resigned as a director of the Company effective from 13 December 2011, due to personal circumstances.

The Board extends its thanks to Mr. Bilbe for his contribution to the Company since he joined the Board in July 2009.

Kelvin A May

Company Secretary

* * ENDS * *

For further information visit www.norsemangoldplc.com or contact:

Barry Cahill Norseman Gold Plc Tel: +61 (0) 8 9473 2200

   Guy Wilkes                   Ocean Equities Ltd                               Tel: 020 7786 4370 
   William Vandyk            Northland Capital Partners Ltd               Tel: 020 7796 8822 
   Rod Venables               Northland Capital Partners Ltd              Tel: 020 7796 8822 
   Susie Geliher                 St Brides Media & Finance Ltd             Tel: 020 7236 1177 
   Hugo de Salis                St Brides Media & Finance Ltd             Tel: 020 7236 1177 
   E-mail                          investors@ngold.com.au 

Note to editors:

Norseman Gold plc is an AIM listed and ASX listed Australian gold production company, which acquired the Norseman Gold Project in May 2007, Australia's longest continually running gold operation. The Norseman Gold Project is located in the Eastern Goldfields of Western Australia in the highly prospective Norseman-Wiluna greenstone belt, 725km east of Perth and 186km from Kalgoorlie.

Gold was first found on the Norseman field in 1894 and over the last 65 years, it has produced over 5.5 million ounces of gold. The mine is currently producing from three high-grade narrow-vein underground mines - the Bullen, the Harlequin and the OK Declines and developing the North Royal Open Pit. Currently, it has a total resource inventory of 3.4 million ounces of gold at an average grade of 4.7 g/t.

The tenements cover a 2,360 sq km area centred on the Norseman Township. The landholding comprises 221 tenements consisting of 85 Exploration Licences, 108 Mining Licences, 3 Prospecting Licences, 15 Miscellaneous Licences, 5 Exploration Licence Applications, 3 Prospecting Licence Applications and 1 Mining Lease Application.

The Company's strategy is focused on extending the mine life through the conversion of resources into reserves and identifying additional resources and obtaining additional ore for the operating mill through the development of additional mines. The Company has fifteen advanced resource projects under review of which three have pre-development work being undertaken on them. It is anticipated that at least one, if not all the pre-development projects will develop into mining propositions.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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