Pan African Resources PLC
21 September 2007
Pan African Resources PLC ('Pan African' or the 'Company')
Corporate Presentation & Exploration Expenditure
Pan African is pleased to announce that its new corporate presentation is now
available to download from the Company's website: www.panafricanresources.com
under the heading 'Press Section'.
The corporate presentation makes specific reference to the intended exploration
expenditure forecasted and approved by the board for the following two financial
years.
The budgeted exploration expenditure (subject to results) which is to be funded
internally through cash flow from Barberton Mines is US$7.7 million (GBP 3.85
million) and is to be expended per project as follows:
Manica (Mozambique) US$2.0 million
Bogoin & Dekoa (CAR) US$ 1.4 million
Akrokerri (Ghana) US$2.3 million
Barberton (South Africa) US$2.0 million
ENDS
For further information on Pan African Resources plc, please visit the website
at www.panafricanresources.com
Enquiries:
Pan African Resources
Jan Nelson, CEO +27 (0) 11 777 7840
Colin Bird, Chairman +44 (0) 207 584 2155
Nicole Stoyell, Public Relations +27 (0) 11 777 7840
Parkgreen Communications
Justine Howarth +44 (0) 207 493 3713
Ambrian Partners Limited
Richard Brown +44 (0) 20 7776 6417
Richard Greenfield +44 (0) 20 7776 6418
Macquarie First South Corporate Finance (Pty) Limited
Amanda Markman / Done Hattingh +27 (0) 11 343 2300
This information is provided by RNS
The company news service from the London Stock Exchange