20 Jun 2014 13:30
BERKELEY MINERAL RESOURCES PLC
("BMR" or "the Company")
KABWE PROCESSING APPROVAL GRANTED
Berkeley Mineral Resources Plc, primarily engaged in processing mining tailings in Zambia, is pleased to announce that its 100% owned Zambian subsidiary, Enviro Processing Ltd ("EPL"), has today learnt via the Zambian press that approval for the processing operations at Kabwe has been granted.
Further announcements will be made in due course.
Masoud Alikhani, Chairman, commented:
"We are very pleased to have been made aware that the approval of the project at Kabwe has been granted. Following formal notification we will look to commence processing as soon as possible.
"It has taken time to secure what are very significant assets, ensure that the Company is protected from historic environmental claims, and then to receive the approval for processing, but we are now there and shareholders can look forward to steadily growing cashflow over a number of years."
This release has been reviewed by Dennis Human, B.Sc. (Hons), Bus. Admin (Hons), MGSSA, Consulting Geologist to the Company, who is a Qualified Person in accordance with the guidance note for Mining, Oil & Gas Companies issued by the London Stock Exchange in respect of AIM Companies.
20th June 2014
For further information:
Berkeley Mineral Resources Plc 020 7408 1181
Masoud Alikhani, Chairman
WH Ireland Limited 020 7220 1666
Chris Fielding, Head of Corporate Finance
Lothbury Financial Services 020 3440 7620
Michael Padley / Gary Middleton
For further information please see the Company's website at http://www.bmrplc.com
The Directors of Berkeley Mineral Resources accept responsibility for this announcement.