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2016.03.29_Chairman's letter for GM Notice_mark up
13 June 2016
METALS EXPLORATION PLC
(the "Company")
Runruno Gold Project Update
Metals Exploration plc (AIM: MTL) today announces that the Runruno Gold project has successfully poured its first gold Doré as part of its ongoing "test running and debugging" of the processing plant and associated operations.
The gold poured was predominately recovered from the gravity circuit. The carbon in leach circuit has commenced "test running and debugging" operations with the BIOX® circuit forecast to commence within seven to ten days.
Run of mine ore is being used to stage commission the process plant.
The Company will make further announcements in due course, as appropriate. For further information please visit or contact www.metalsexploration.com
Ian R. Holzberger +63 (0) 9189 795 992
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(Chairman) +61 (0) 418 886 165
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Liam A. Ruddy +61 (0) 498 648 615
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(Company Secretary) +44 (0) 7911 719 960
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Nominated Adviser: STOCKDALE SECURITIES Ltd
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Robert Finlay, Edward Thomas +44 (0) 207 601 6100
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Public Relations: TAVISTOCK
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Edward Portman; Jos Simson +44 (0) 207 920 3150
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Broker: SP ANGEL CORPORATE FINANCE LLP
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Ewan Leggat +44 (0) 203 470 0470
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Registered Office: 200 Strand, London, WC2R 1DJ Registered No: 05098945
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Metals Exploration Limited
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DEVELOPMENT STAGE |
CODE : MTL.L |
ISIN : GB00B0394F60 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Metals Expl. is a gold and copper exploration company based in United kingdom. Metals Expl. develops gold, copper and molybdenum in Philippines. Its main asset in development is RUNRONO in Philippines and its main exploration properties are CAPAZ, DUPAX, SULONG and WORLDWIDE in Philippines and PURAY in Canada. Metals Expl. is listed in United Kingdom. Its market capitalisation is GBX 11.4 billions as of today (US$ 13.5 billions, € 12.2 billions). Its stock quote reached its highest recent level on October 03, 2008 at GBX 9.94, and its lowest recent point on March 08, 2019 at GBX 0.30. Metals Expl. has 2 071 334 586 shares outstanding. |