8th Apr 2011 07:00
Kryso Resources plc
("Kryso" or the "Company")
Appointment of Nominated Adviser and Joint Broker
Kryso Resources plc (AIM:KYS), the mineral exploration and development company with gold and nickel-copper projects in Tajikistan, is pleased to announce the appointment of Evolution Securities Limited as Nominated Adviser and Joint Broker, effective immediately.
For further information, please contact:
| Kryso Resources plc Dr Trevor Davenport/Craig Brown | Tel: +44 (0)20 7371 0600 | ||
| Evolution Securities Jeremy Ellis/Andrew Dacey | Tel:+44 (0)20 7071 4300 | ||
| Optiva Securities Limited Christian Dennis/Jeremy King | Tel: +44 (0)20 3137 1902 | ||
| Walbrook PR Bob Huxford
Paul Cornelius | Tel: +44 (0)20 7933 8780 Mobile: 07900 346 978 Tel: +44 (0)20 7933 8794 Mobile: 07827 879 460 | ||
For further information, please visit the Company's website www.kryso.com
About the Pakrut Gold ProjectThe Pakrut gold project, of which Kryso has 100% ownership, is situated in Tajikistan approximately 112km northeast of the capital city Dushanbe. Pakrut has total JORC Code-compliant gold resources of approximately 3 million ounces (assuming a zero cut-off grade) and is located within the Tien Shan gold belt, which extends from Uzbekistan into Tajikistan, Kyrgyzstan and western China, and which hosts a number of multi-million ounce gold deposits.
Drilling at Pakrut has previously returned numerous exciting intersections, including 123.7m at 6.1g/t Au, 42m at 11.2g/t Au and 50m at 5.7g/t Au.
About TajikistanTajikistan is a secular republic located in Central Asia. The country is a member of the Commonwealth of Independent States (CIS) and the Shanghai Cooperation Organisation. Tajikistan hosts numerous operating precious metal mines as well as the largest aluminium smelter in Central Asia. Kryso's management team has extensive experience in the mining industry in Tajikistan.
Competent PersonDr. Trevor Davenport (B.Sc, M.Sc, Ph.D, MIMM, C.Eng), Non-Executive Director of Kryso Resources plc has, reviewed the information contained in the announcement, and consents to its inclusion in the form and context in which it appears.
Copyright Business Wire 2011
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