5th Dec 2008 09:33
5 December 2008 AIM: GMA
GMA Resources Plc
("GMA" or "the Company")
Change of adviser
GMA announces that Mirabaud Securities Limited now acts as the Company's sole broker, having previously acted as joint broker.
Enquiries:
|
GMA Resources Plc |
Mirabaud Securities Limited |
John East & Partners Limited (Nomad) |
|
Douglas Perkins |
Rory Scott |
Bidhi Bhoma |
|
+1 514 806 6788 |
+44 (0) 20 7878 3360 |
+44 (0) 20 7628 2200 |
Notes to Editors:
GMA owns a controlling 52 per cent. stake in ENOR, the Algerian based operating company for the Tirek-Amesmessa project, with the remainder owned by Sonatrach, the Algerian state-owned oil and gas company.
ENOR holds the exploitation authorization to the Tirek-Amesmessa property, an area of some 1,417 km2, located approximately 450km south west of the city, Tamanrasset, in southern Algeria. Amesmessa is an open pit heap leach gold mine located in the extreme south of the permit area. The Tirek gold mine is located centrally in the northern third of the exploration permit area, some 60 km north of Amesmessa. Research to date suggests that the Zita Zone, which lies between Tirek and Amesmessa, offers considerable potential for the development of additional prospects amenable to open-pit mining. GMA Resources plans to quickly expand upon resources outside of the major 80km north/south Tirek-Amesmessa fault and other exploration targets on the property.
For further information on the Company, please visit: www.gmaresources.co.uk
Related Shares:
Kemin Resources