Altyngold Regulatory News (ALTN)

17 Jul 2007 10:15

Hambledon Mining PLC17 July 2007 HAMBLEDON MINING PLC (AIM: HMB) AGM Statement At today's Annual General Meeting of Hambledon Mining Plc (the "Company"), theAIM-listed mining and exploration company developing precious metal deposits inKazakhstan, the Chairman, George Eccles, commented: "I am pleased to say that the considerable progress in 2006 has continued intothe current year. At Sekisovskoye the processing facilities are nearingcompletion with some parts of the plant already being commissioned, all majorequipment is on site and the mining operations are continuing smoothly. "At Ognevka refurbishment has commenced. "The Board remain optimistic about the prospects for the Company." 17th July 2007 All resolutions were duly passed. Enquiries Hambledon Mining plcNicholas Bridgen, Chief Executive Telephone: +7 701 733 8915 Seymour PierceNicola Marrin Telephone: +44 207 107 8018 Bankside ConsultantsMichael Spriggs / Michael Padley Telephone: +44 207 367 8888 Note to Editors' Hambledon Mining plc is an AIM-listed mining and exploration company which isdeveloping an open pit mine and constructing an 850,000 tonnes per yeartreatment plant at its Sekisovskoye gold deposit in East Kazakhstan. After thestart of open pit processing, the Company plans to develop the much largerunderground resources. Production from the open pit will average over 40,000 ounces per annum for fiveyears, though this is expected to rise to around 100,000 ounces when the highergrade underground ore is added to the feed. The Company also holds the rights toand is exploring the adjacent Tserkovka licence territory which includes severalareas of interest including the Tserkovka deposit itself. This information is provided by RNS The company news service from the London Stock Exchange