Business
Kenya Mining Lease Update
Kenya Mining Lease Update.
About this update from Goldplat Plc
[{"type":"text","content":"\n \n\n\n\n\n Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration\n 22 July 2010\n Goldplat plc ('Goldplat' or 'the Company')\n Kenya Mining Lease Update\n\nGoldplat plc, the AIM quoted gold producer, is pleased to announce that the\nCommissioner of Mines and Geology in Kenya, has confirmed that all the relevant\ndocumentation required for a Mining Lease to be granted for the Company's\noperations at the Kilimapesa Hill gold mining project ('Kilimapesa Project') has\nbeen approved.  The only outstanding requirement is the formality of the\nissuance of a Mining Right number from the Director of Survey.  The Commissioner\nof Mines and Geology has committed to giving the necessary assistance to\nKilimapesa Gold (Pty) Limited ('Kilimapesa Gold'), in order to be able to\nfast-track the Mining Lease issue. The Commissioner stated that, \"the Kenyan\nGovernment is very positive about the granting of the Mining Lease to Kilimapesa\nGold and views this as the start of a new era for the gold mining industry in\nKenya.\"\n\nThe management of Kilimapesa Gold has started preparations for the up scaling of\nits operations in readiness for the Mining Lease. Goldplat CEO Demetri Manolis\nsaid, \"This is fantastic news for the Company and we are delighted that we will\nnow be able to bring the Kilimapesa Project into production. Importantly we have\ndeveloped a strong relationship with the Ministry of Mines and Geology, who I\nwould like to thank for their assistance, and look forward to aiding the country\nin developing its resource industry.\"\n\n * * ENDS * *\n\nFor further information visit www.goldplat.com or contact:\nDemetri Manolis, CEO Goldplat plc Tel: +27 (0) 11 423 1203\n\nJames Joyce WH Ireland Limited Tel: +44 (0) 20 7220 1666\n\nChris Fielding WH Ireland Limited Tel: +44 (0) 20 7220 1666\n\nFelicity Edwards St Brides Media & Finance Ltd Tel: +44 (0)20 7236 1177\n\nHugo de Salis St Brides Media & Finance Ltd Tel: +44 (0)20 7236 1177\n\n\nNotes:\n\nGoldplat is an AIM-listed gold producer with operations in Africa. Its strategy\nis to consolidate its position as a gold producer in Africa and build itself\ninto a highly profitable mid-tier gold company, leveraged through revenue\ngenerated from its gold recovery businesses.\n\nThe Company has two recovery businesses based...