Business
Ebola Virus Disease Update
Ebola Virus Disease Update.
About this update from Power Metal Resources Plc
[{"type":"text","content":"\n \n 31 July 2014\n\n Sula Iron & Gold plc \n\n (\"Sula\" or the \"Company\") \n\n Ebola Virus Disease Update \n\nSula Iron and Gold plc, a multi-commodity exploration company focussed on\nSierra Leone, recognises the heightened risk in connection with Ebola Virus\nDisease (\"EVD\") in West Africa. The Board would like to assure shareholders\nthat, despite the increase in reported EVD cases, the Company's operations at\nits Ferensola Project, in the Diang Chiefdom, Sierra Leone, have not been\naffected.\n\nSula's drilling campaign for both the haematite and magnetite JORC Mineral\nResource Estimates was completed on 9 July 2014. All samples from both drill\nprogrammes are now with ALS for analysis.\n\nThe samples requested by SRK UK for metallurgical test work, which are required\nfor the JORC compliant Mineral Resource Estimate, have been dispatched to SGS\nMineral Services UK Limited in the United Kingdom for analysis.\n\nAs previously announced, the Company anticipates receiving all analytical\nresults by September and aims to complete JORC compliant Mineral Resource\nEstimates on both the DSO and magnetite iron by the end of the calendar year.\n\nThe Company's Ferensola project, and its Dalakuru base camp, will be closed in\nAugust to coincide with the expected heavy rains. The project consequently is\non a care and maintenance status. Exploration is scheduled to recommence in\nearly September.\n\nEnquires:\n\nSula Iron & Gold plc +44 (0) 20 7583 8304\n\nNick Warrell / Matt Wood\n\nwww.sulaironandgold.com\n\nCairn Financial Advisers LLP +44 (0) 20 7148 7900\n\nJames Caithie / Avi Robinson\n\nDaniel Stewart & Company Plc +44 (0) 20 7776 6550\n\nMartin Lampshire / David Hart\n\nYellow Jersey PR +44 (0)7768 537 739\n\nDominic Barretto / Kelsey Traynor\n\nNotesto Editors:\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....