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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
3rd Oct 20064:27 pmRNSHolding(s) in Company
22nd Sep 20061:24 pmRNSInterim Results - Amendment
22nd Sep 20067:01 amRNSInterim Results
22nd Sep 20067:01 amRNSAngovia Update
19th Sep 20065:10 pmRNSHolding(s) in Company
11th Sep 20067:01 amRNSBaomahun Resource Increase
17th Aug 20067:01 amRNSOperations Update
28th Jul 20067:01 amRNSBaomahun Update
26th Jul 20067:01 amRNSAngovia Update
23rd Jun 20067:00 amRNSAngovia Update
16th Jun 20067:00 amRNSBaomahun Update
18th May 200611:18 amRNSResult of AGM
18th May 20067:01 amRNSAGM Statement
2nd May 20064:55 pmRNSGrant of Options to Directors
25th Apr 20061:04 pmRNSHolding(s) in Company
21st Apr 20069:14 amRNSHolding(s) in Company
18th Apr 20065:43 pmRNSHolding(s) in Company
18th Apr 20065:43 pmRNSHolding(s) in Company
13th Apr 20065:05 pmRNSHolding(s) in Company
10th Apr 200610:40 amRNSResult of EGM
29th Mar 20063:39 pmRNSHolding(s) in Company
24th Mar 20067:01 amRNSPreliminary Results
14th Mar 20067:04 amRNSNew Equity Placing
27th Feb 20068:10 amRNSUpdate from Baomahun Project
18th Jan 20067:00 amRNSBaomahun Update
15th Dec 20052:26 pmRNSDirector/PDMR Shareholding
15th Dec 20052:22 pmRNSDirector/PDMR Shareholding
14th Dec 20057:01 amRNSAngovia Resource Update
13th Dec 20054:07 pmRNSPlacing
9th Dec 20054:45 pmRNSDirectors Dealing Correction
6th Dec 20054:51 pmRNSDirector/PDMR Shareholding
6th Dec 20054:01 pmRNSAdditional Listing
14th Nov 20057:01 amRNSDrilling Results from Angovia
8th Nov 20057:01 amRNSBaomahun Resource Doubles
14th Oct 20057:00 amRNSSierra Leone update
26th Sep 20057:01 amRNSInterim Results
13th Sep 20057:01 amRNSJV agreement signed in Mali
28th Jul 200512:06 pmRNSUpgrade of Angovia Resource
29th Jun 20057:00 amRNSUpdate on Kalsaka
23rd Jun 20051:37 pmRNSDirector Shareholding
22nd Jun 20057:00 amRNSUpdate on Baomahun Project
9th Jun 20057:00 amRNSUpdate on Angovia project
19th May 200512:06 pmRNSDirectorate Change
19th May 200512:04 pmRNSAGM Statement
17th May 20052:14 pmRNSHolding(s) in Company
30th Mar 20057:00 amRNSFinal Results
18th Mar 20054:11 pmRNSAdditional Listing
7th Mar 20057:00 amRNSCote D'Ivoire Update
23rd Feb 20057:00 amRNSSierra Leone Update
10th Jan 20057:00 amRNSOptions acquisition

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