Last checked at 16 Dec 2013 10:30
Noricum Gold Limited / EPIC: NMG / Sector: Natural Resources
16 December 2013
Noricum Gold Limited ('Noricum Gold' or 'the Company')
Five Year Extension Granted for Rotgulden Exploration Licences
Noricum Gold Limited, the Austrian focused gold exploration and development company, is pleased to announce that it has been granted a five year extension for the Rotgulden exploration licences by the Austrian mining authority, the Federal Ministry of Economic Affairs, Family and Youth. The details of the 63 licences that have been extended are summarised in the following table:
Number of licences | Licence number | Expiry date | |
From | To | ||
39 24 | 2/87/S 2/89/S | 40/87/S 25/89/S | 31/12/2018 31/12/2018 |
The area covered by these licences includes the previously producing Rotgulden underground mine, where a drill programme has recently been completed, and the prospective Altenberg target area located 2km to the south of the mine.
The remaining 206 licences at Rotgulden have an expiry date of 31 December 2015. In accordance with Austrian mining law, the Company has already completed sufficient exploration work at these licences to enable it to apply for a further five year extension in 2015.
For further information please visit www.noricumgold.com or contact:
Greg Kuenzel | Noricum Gold Limited | Company | Tel: 020 3326 1726 |
Ewan Leggat | S. P. Angel Corporate Finance LLP | Nomad & Broker | Tel: 020 3463 2260 |
Laura Littley | S. P. Angel Corporate Finance LLP | Nomad & Broker | Tel: 020 3463 2260 |
Elisabeth Cowell | St Brides Media & Finance Ltd | PR | Tel: 020 7236 1177 |
Frank Buhagiar | St Brides Media & Finance Ltd | PR | Tel: 020 7236 1177 |