27 Dec 2012 07:00
27 December 2012
Bellzone Mining plc
("Bellzone" or "the Company")
Bellzone announces sailing of ship carrying first shipment of iron ore from the Forecariah JV
Bellzone Mining plc (AIM: BZM) is delighted to announce that the first shipment of iron ore from the 50:50 Forecariah joint venture operation in the Republic of Guinea, West Africa was despatched on 26 December 2012.
The Company will issue a more detailed statement on January 3, 2013.
Enquiries:
Bellzone Mining plc
Peta Baldwin, Corporate Affairs +44 (0) 1534 834 698
Canaccord Genuity Limited
Nominated Adviser and Broker to Bellzone +44 (0)20 7523 8000
Andrew Chubb/Tarica Mpinga
Tavistock (UK)
Jos Simson/Mike Bartlett +44 (0)20 7920 3150 / +44 (0)7899 870 450
About Bellzone Mining Plc
Bellzone Mining plc is an exploration and resource development company with iron ore and nickel/copper permits in the Republic of Guinea, West Africa. Kalia Mine Project is the Company's flagship project with a magnetite resource giving an average mass recovery of 31.86% for 1.475 billion tonnes of 68.7% Fe Magnetite concentrate product and Oxide / SBIF components providing 309.2 million tonnes at +58% Fe of a low cost, stable, quality fines product. The Forécariah iron ore mine commenced production in May 2012 and is a joint venture between Bellzone (50%) and China International Fund Limited (50%).
www.bellzone.com