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Project Development Decisions

24 Oct 2006 07:01

Cluff Gold PLC24 October 2006 24 October 2006 CLUFF GOLD PLC Development Go Ahead for Kalsaka and Angovia Projects - Appointment of Mining Contractor and Project Engineer Cluff Gold Plc ("Cluff Gold" or "the Company") today announces the Board'sdecision to proceed and bring into production the Angovia Gold Project ("Angovia") in Cote d'Ivoire and the Kalsaka Gold Project (''Kalsaka'') in Burkina Faso.The Company is fully funded to develop Angovia and to initiate development workat Kalsaka. As a result of this, the Company has appointed Banlaw Africa Ltd (''Banlaw'') asthe mining contractor and Anthony G Smith ("Tony Smith") as project engineer forboth Kalsaka and Angovia. Banlaw is a company based in Ghana, from where itprovides contract mining, earthworks, civil engineering and environmentalservices to mining companies in West Africa. Banlaw has extensive experiencemanaging mining projects in this region and existing clients include GoldfieldsGhana Limited at its Tarkwa Gold Mine and Newmont Ghana Gold Limited at itsAhafo Gold Mine. Most recently Banlaw has been awarded the task of preparing thesite earthworks at the Perkoa Zinc project in Burkina Faso for the AIM companyAIM Resources Limited. Tony Smith is a metallurgical engineer with over twenty years experience in themining industry, mainly in Australia and West Africa where he managed thedevelopment, construction and operation of various heap leach projects includingthe Ayanfuri Gold Mine previously operated by Cluff Resources plc. As projectengineer, Tony will be responsible for the engineering, procurement,construction and management for Kalsaka and Angovia. In addition to these appointments, Cluff Gold has begun ordering key miningequipment, including two refurbished MMD Mineral Sizers (crushers) and sparesfor use at Kalsaka and Angovia. Douglas Chikohora, Technical Director of Cluff Gold plc, comments, " Theappointment of a mining contractor and project engineer are key milestones inthe development of Kalsaka and Angovia. We look forward to working with Banlawand Tony Smith, who are both experienced operators. Our combined knowledge ofWest Africa will be extremely beneficial to the successful transformation of theCompany as we move from exploration to production.'' For further information, please contact: Cluff Gold WH Ireland Parkgreen Communications J.G. Cluff / Douglas Chikohora David YoungmanCathy Malins / Annabel Leather Chairman / Technical Director Tel: +44 (0)161 832 2174 Tel:+44 (0)20 7493 3713 Tel: +44 (0) 20 7340 9790 Notes to Editors: Kalsaka, Burkina Faso Kalsaka is located approximately 150km north west of Ouagadougou, the capital ofBurkina Faso, and contains an oxide gold mineral resource of 600,000 ounces thathas been demonstrated, by a feasibility study, to be technically amenable toopen-pit mining and processing via heap leaching. Water, environmental andmining permits for the project have been granted. The mining permit is valid fortwenty years. Mt. Yaoure, Cote d'Ivoire The Mt. Yaoure permit is located 40km northwest of Yamoussoukro, the politicalcapital of Cote d'Ivoire, and covers a surface area of 534km(2). The licencearea includes the Angovia gold mine which operated between 1998 and 2003. Themine reportedly produced over 180,000 ounces of gold during this period by heapleaching some 2 million tonnes of oxide material. The Cote d'Ivoire governmenthas issued a certificate to CMA, a subsidiary of COGEMA, the French uraniummining group, evidencing that it has complied with the work prescribed by themining regulations relating to the protection of the environment and therestoration of the part of the licence area covered by the Angovia gold mine. The infrastructure in the area is good and includes a hydroelectric dam sixkilometres from the Angovia mine site. This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
21st Apr 20092:39 pmRNSHolding(s) in Company
20th Apr 20097:00 amRNSCommissioning of Kalsaka Mine
6th Apr 20094:08 pmRNSDirector/PDMR Shareholding
31st Mar 20097:00 amRNSTotal Voting Rights
30th Mar 20093:18 pmRNSCompletion of Placing
27th Mar 200911:38 amRNSResults of General Meeting
4th Mar 20092:35 pmRNSPlacing and Notice of General Meeting
24th Feb 20097:00 amRNSProposed private placing of US$10 million
24th Feb 20097:00 amPRNCluff Gold plc - Proposed private placement
18th Feb 20094:04 pmRNSTSX Trading Symbol
17th Feb 20097:00 amRNSCluff Gold Begins Trading on the TSX
9th Jan 200912:33 pmRNSStandby Loan Facility
31st Dec 20087:00 amRNSTotal Voting Rights
18th Dec 20087:48 amRNSChange of Adviser
3rd Dec 200812:19 pmRNSHolding(s) in Company
2nd Dec 20084:01 pmRNSDirector/PDMR Shareholding
27th Nov 20084:03 pmRNSDrilling Report
7th Nov 200812:04 pmRNSGrant of Options
5th Nov 20084:38 pmRNSDirector/PDMR Shareholding
3rd Nov 20087:00 amRNSAnnounces first gold pour at its Kalsaka Project
22nd Oct 200810:50 amRNSDirector/PDMR Shareholding
15th Oct 20089:47 amRNSDirector/PDMR Shareholding
6th Oct 20081:02 pmRNSGrant of Options to Directors
3rd Oct 200812:46 pmRNSDirector/PDMR Shareholding
1st Oct 20087:00 amRNSDirectorate Change
30th Sep 20087:00 amRNSDrilling Report
26th Sep 20087:00 amRNSInterim Results
25th Sep 200812:47 pmRNSStandby Loan Facility
15th Sep 20084:54 pmRNSHolding(s) in Company
3rd Sep 20082:55 pmRNSTotal Voting Rights
27th Aug 20087:37 amRNSKalsaka Gold Project Update
4th Aug 20081:13 pmRNSAcquisition
31st Jul 20088:59 amRNSTotal Voting Rights
25th Jul 200811:06 amRNSIssue of Equity
17th Jul 20089:14 amRNSGrant of Mining Lease Sierra
27th Jun 200812:08 pmRNSDirector/PDMR Shareholding
25th Jun 20087:00 amRNSDrilling Report
19th Jun 200811:42 amRNSResult of AGM
19th Jun 20089:55 amRNSAGM Statement
6th Jun 20089:46 amRNSIssue of Options
29th May 20083:59 pmRNSDirector/PDMR Shareholding
30th Apr 20083:53 pmRNSTotal Voting Rights
28th Apr 20087:00 amRNSFinal Results
25th Apr 20084:19 pmRNSDirectorate Change
11th Apr 20082:49 pmRNSIssue of Equity
7th Apr 20082:21 pmRNSTotal Voting Rights
19th Mar 20087:00 amRNSOperational Update
6th Mar 20088:01 amRNSHolding(s) in Company
29th Feb 20084:19 pmRNSCompletion of Placing
29th Feb 20081:58 pmRNSEGM Statement

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