Business
Ebola breakout
Ebola breakout.
About this update from Power Metal Resources Plc
[{"type":"text","content":"\n \n 6 June 2014\n\n Sula Iron and Gold plc \n\n (\"Sula\" or the \"Company\") \n\n Statement regarding Ebola Virus Disease in Sierra Leone \n\nSula Iron and Gold plc, a multi-commodity exploration company focused on Sierra\nLeone notes the recent press coverage regarding the increased number of cases\nof Ebola Virus Disease (\"EVD\") predominantly in the East of the country close\nto the Guinea border.\n\nThe Company confirms that there have been no incidences of EVD among the\nworkforce at its Ferensola Project and is not aware of any incidence of EVD in\nthe surrounding region. The Company continues to monitor the situation\ncarefully via the World Health Organisation and the Foreign & Commonwealth\nOffice. The World Health Organisation does not recommend that any travel or\ntrade restrictions be applied to Guinea, Liberia, or Sierra Leone based on the\ncurrent information available regarding EVD.\n\nThere are a number of large-scale miners in the region who have not evacuated\noperational staff because of EVD. Notably the Rio Tinto Group, developing the\nSimandou iron ore mine in Guinea, ArcelorMittal, mining in Liberia, AML, Koidu\nHoldings, Octavia and London Mining in Sierra Leone.\n\nNick Warrell, CEO states: `'We are monitoring the EVD situation very closely\nand are ready to act should the current risk assessment warrant new action from\nour company.\"\n\nEnquires:\n\nSula Iron & Gold plc +44 (0) 20 7583 8304\nNick Warrell / Matt Wood\nwww.sulairongold.com\n\nCairn Financial Advisers LLP +44 (0) 20 7148 7900\nNominated Adviser\nJames Caithie / Avi Robinson\n\nDaniel Stewart & Company Plc +44 (0) 20 7776 6550\nBroker\nMartin Lampshire / David Hart\n\nYellow Jersey PR +44 (0)7768 537 739\nDominic Barretto / Kelsey Traynor\n\nNotes:\n\nSula Iron & Gold plc is a multi-commodity exploration company focussed on West\nAfrica. The Company's main objective is to explore and advance its Ferensola\nProjects, in Northern Sierra Leone, that are highly prospective for iron and\ngold. Sula is currently focussed on delineating a maiden JORC compliant iron\nresource estimate and evaluating the gold prospectivity. The 153 sq. km licence\narea is contiguous to African Minerals' operational Tonkolili Iron Mine, which\nhas a JORC compliant resource of 12.8 billion tonnes iron mineralisation.\n\nExploration work at the proj...