23rd Feb 2005 14:30
Mano River Resources Inc23 February 2005 MANO RIVER RESOURCES INC. NEWS RELEASE 23 February 2005No: 2005/04 TSX Venture Exchange (TSX-V) Trading Symbol: MNOLondon Stock Exchange - AIM Trading Symbol: MANA MANO RIVER WELCOMES PETRA DIAMONDS AS ITS NEW PARTNER ON THE KONO KIMBERLITE MINING PROJECT IN SIERRA LEONE Mano River reports that is pleased to welcome Petra Diamonds as its new partneron its Kono kimberlite project in Sierra Leone. Petra Diamonds and Crown Diamonds recently announced that, subject to stockexchange and shareholder approval, the two companies had merged to form a largerdiamond exploration and mining entity, listed on both the London AIM andAustralian ASX Exchanges. The new Petra, which incorporates Crown's producingexpertise and Petra's African exploration expertise, results in an entity thatwill enhance the likelihood of success in the existing Mano joint venture andexpand the scope for future deals. At recent meetings held in Cape Town between the managements of Mano and Petra,during the INDABA Conference, the new board of Petra Diamonds confirmed that thejoint venture with Mano remains a fundamental part of their company expansionplans and that they remain fully committed to the kimberlite mining programme inSierra Leone. Furthermore, Petra indicated that they are considering anaccelerated programme of development of the extensive diamondiferous dyke swarmcontained within Mano's licences, with work expected to commence in the verynear future. On behalf of the Board of Mano River Resources Inc.Tom ElderPresident and CEO For further information on Mano River Resources and its exploration programme,you are invited to visit the Company's website at www.manoriver.com or contactone of the following: Tom Elder President and CEO UK +44 (0) 1235 810 740Raz Hussein Controller Canada +1 (604) 689 1700Gary Middleton St Swithins UK +44 (0)207 929 4391 The TSX Venture Exchange has not reviewed and does not take responsibility for the adequacy or accuracy of this release This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Petra Diamonds