El Maniel International Inc Acquires Gold Properties in the Eastern Region of Ghana
10 Junho 2011 - 9:30AM
Further to our press release dated June 1, 2011, El Maniel
International Inc (Pink Sheets:EMLL) announced today that the
Company has entered into a Definitive Agreement to acquire Plot D1
which is the 50 acres of gold mining claim situated approximately
80 kilometres north of Accra in the Kibi-Winneba Basin of Eastern
Region, Ghana. "We are thrilled to have sealed the acquisition of
Plot D1 which is situated in the Eastern Region under the
Kibi-Winneba Gold Belt which exhibits similar geological features
with the Ashanti Gold Belt in the Western Region of Ghana"
according to Jamie Khoo, CEO of El Maniel International Inc "This
alluvial gold mining claim is located on the western side of the
prominent Atewa Range in the Kibi-Winneba Gold Belt which is one of
the most prospective gold bearing belts in Ghana and the area is
underlain mostly by Birimian Supergroup metasedimentary and
metavolcanic rocks of Precambrian age".
Alluvial gold deposit in Ghana can be found in most rivers
draining the Birimian rocks and they occur in gravels of streams,
river flats and old valleys on terraces and in beach and gravel
sand. The placers are derived mainly from the primary vein and lode
type deposit in the Birimian and alluvial gold prospecting has been
concentrated in the Birim, Pra, Jimi, Ankobra, Offin and Fura
rivers. "We are very excited about Plot D1 as we are now on the
Birim river valley which is also neighbor to some public listed
gold companies and in addition, exploration results presented under
the NI43-101 Technical Report of a public company in the vicinity
reported very encouraging results as well as the presence of
significant gold mineralization" added Jamie Khoo "We are confident
that this gold property will significantly facilitate the rapid
growth and realization of inherent values that shareholders expect
the Company to deliver"
El Maniel International Inc is a publicly traded company
currently focusing in the gold business domain including but not
limited to trading, prospecting, developing and expanding the
economic potential of world class mining claims located in Ghana,
West Africa and the company is committed in creating shareholder's
value by ensuring constant development of current and new resources
in the region. For further information, stay tuned to
www.elmaniel.com
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995: The statements contained in this release which
are not historical facts are forward-looking statements that are
subject to risks and uncertainties that could cause actual results
to differ materially from those set forth in or implied by
forward-looking statements. These risks and uncertainties include
the Company's entry into new commercial businesses, the risk of
obtaining financing, recruiting and retaining qualified personnel,
and other risks described in the Company's Securities and Exchange
Commission filings. The forward-looking statements in this press
release speak only as of the date hereof, and the Company disclaims
any obligation to provide updates, revisions or amendments to any
forward-looking statement to reflect changes in the Company's
expectations or future events.
CONTACT: Investor Relations
El Maniel International, Inc
(212) 726-2179
ir@elmaniel.com
El Maniel (CE) (USOTC:EMLL)
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