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TQN Tarquin

13.00
0.00 (0.00%)
09 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tarquin LSE:TQN London Ordinary Share GB00B0Y52T38 ORD 15P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 13.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Independent Engineers Appointed

20/03/2008 7:03am

UK Regulatory


    Independent Engineers Appointed
             



                        TARQUIN RESOURCES PLC
                    ("Tarquin" or "the Company")

20 March 2008

SRK CONSULTING APPOINTED AS INDEPENDENT ENGINEERS TO PUQUIOS COPPER
PROJECT IN CHILE

The directors of Tarquin Resources plc (AIM : TQN) are pleased to
advise that SRK Consulting (SRK) has been appointed as the
Independent Engineers to undertake the independent technical review
of Tarquin's Puquios copper project in Chile.

SRK will work to complete a comprehensive and independent due
diligence of the Puquios project.  It is currently intended that
SRK's due diligence report will be complete in September 2008.  This
report will enable potential project lenders to fast-track their
internal assessment processes.

SRK was selected on the basis of its depth of experience in both the
role of Independent Engineer and copper heap leaching projects with
similar characteristics to Puquios.  SRK has assembled a highly
experienced team of international and Chilean personnel to undertake
the assignment out of its Santiago office.

The Puquios project is located 130km north of La Serena, in Chile's
IV region.  Tarquin is currently planning to complete the Bankable
Feasibility Study in August 2008 for this 15,000 tonne per year
copper cathode project.  Following financing, construction could then
start at the end of 2008 with first copper scheduled to be produced
in the first quarter of 2010.


For further information:


Annie Richards, Tarquin Resources plc   +44 (0) 20 7514 1480

Hugh Oram, Nabarro Wells & Co Ltd       +44 (0) 20 7710 7400

Charles Vivian, Pelham Public Relations +44 (0) 20 7743 6670

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