spead1 : Sub-Sahara die Gelegenheit
Vor-Sub-Sahara Betriebsmittel N.L. ist eine australische Juniorerforschungfirma, die innen gegründet wird
Die Firma hat einen Erforschungfokus - in Eritrea und in Tanzania.
ASX Companies Announcements
Monday 17th January 2005
Eritrean Suspension Lifted and Work to Resume
Sub-Sahara is pleased to announce that the suspension order, dated 2nd September 2004, to cease exploration activity in Eritrea, has been lifted by the Minister of Energy and Minerals and work on the Asmara and Zara Projects can resume immediately.
In a cordial meeting with the Minister of Energy and Minerals in Asmara on Friday 14th January, the Minister explained that the government had completed a detailed review of the Mining Proclamation (Mining Act) and that contrary to speculation, no changes will be made to the law. However, the optional equity participation of the government with respect to mining operations would increase from 20% to 30%.
Sub-Sahara and joint venture partner Sunridge Gold Corp. will immediately commence planning activities on the high grade Debarwa copper gold deposit and other targets within the 1,100km 2 Asmara project and further information will be released to shareholders over the coming weeks.
For and on behalf of
Sub-Sahara Resources NL
CEO - Director
For further information please e-mail Michael Griffiths (firstname.lastname@example.org ) or contact by phone on 61-8-9227 3260
SUB-SAHARA RESOURCES N.L. Registered Shares o.N.
17.01.05 19:32 Uhr
+21,21 % [+0,007]
Typ: Aktie WKN: 895112