22nd Nov 2007 12:34
GMA Resources PLC22 November 2007 22nd November 2007 AIM: GMA GMA Resources Plc ("GMA" or "the Company") GMA Resources Plc wins 'Pioneering Award' at Mines & Money Awards Dinner 2007 GMA Resources is pleased to announce that it was last night awarded theprestigious Pioneering Award at the 2007 Mines and Money Awards Dinner inLondon. This award recognises GMA's operations and achievements at site in Algeria,overcoming logistical challenges with a nimble and pioneering approach,including amongst other things, its adoption of a flexible 'plug-and-play'construction technique that has delivered efficiently at Amesmessa. GMA'scommitted engagement with local communities and strong relations with partnerSonatrach, the Algerian state-owned oil and gas company have also helped inforging ahead its projects in particular, at Amesmessa. Douglas Perkins, CEO commented: "We are delighted to have won the PioneeringAward at this year's Mines & Money Conference. This award is recognition notonly of the achievements of GMA to date, but also of the burgeoning mining andminerals sector in Algeria, putting Algeria on the map as an increasinglyattractive place to invest and, of the excellent support of all ENOR employees,colleagues and partners locally in Algeria and indeed, beyond. On this note, Iwould also like to thank all ENOR staff in Algeria for their dedication and hardwork." Enquiries: GMA Resources Plc John East & Partners Parkgreen CommunicationsDouglas Perkins Simon Fox / Bidhi Bhoma Louise Goodeve / Justine Howarth+1 514 806 6788 +44 (0) 20 7628 2200 +44 (0) 20 7851 7480 Notes to Editors: GMA owns a controlling 52% stake in ENOR spa ("ENOR"), the Algerian basedoperating company for the Tirek -Amesmessa project, with the remainder owned bySonatrach, the Algerian state-owned oil and gas company. ENOR holds the exploration permit to the Tirek-Amessmessa property, an area ofsome 1,417 km2, located approximately 450km south west of the city, Tamanrasset,in southern Algeria. The Tirek gold mine is located centrally in the northernthird of the exploration permit area, some 60 km north of Amessmessa, an openpit gold mine, which is in the extreme south of the permit area. The Zitaarea, which lies between Tirek and Amessmessa, also shows considerable potentialfor development of prospects amenable to open-pit mining. GMA plans to quicklyexpand upon resources outside of the major 80km Tirek-Amessmessa fault north/south of the concession. GMA's shares are traded on the AIM market of the London Stock Exchange. GMAcurrently has 354,418,493 ordinary shares in issue. For further information on the Company, please visit; www.gmaresources.plc.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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