BPC.L Regulatory News (BPC)

28 Feb 2007 14:28

Falkland Gold and Minerals Ltd28 February 2007 Falkland Gold & Minerals Limited AGM Statement 28 February 2007 At today's Annual General Meeting of Falkland Gold & Minerals Limited, RichardLinnell, Chairman, will report to shareholders on progress made in the previous12 months. During the 12 months to 31 January 2007, 11,462 metres were drilled and by thatdate 20,539 metres out of the total planned programme of 24,000 metres had beendrilled. Despite the extensive work programme having significantly increasedthe Company's knowledge of the islands' geology and the source of anomalies, noresults of economic value have been found to date. The Board expects that the remaining drilling programme will be completed by theend of June 2007. At that time the Board will review the viability of anyfurther work and will advise shareholders accordingly. Enquiries: Falkland Gold and Minerals LimitedRichard Linnell (Chairman) +27 82 440 6710 W.H. Ireland LimitedPaul Dudley / James Joyce +44 (0)20 7220 1666 This information is provided by RNS The company news service from the London Stock Exchange