GoldPlat Regulatory News (GDP)

18 Aug 2008 09:30



Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration

18th August 2008

Goldplat plc ('Goldplat' or the 'Company')

Appointment of Joint Broker

Goldplat plc, the Aim listed gold producer is pleased to announce the appointment of Alexander David Securities Limited as the Company's Joint Broker with immediate effect. 

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For further information visit www.goldplat.com or contact:

Notes

Goldplat plc is an AIM-listed gold producer with operations in Africa. Its strategy is to create a mid-tier mining house focused on gold production leveraged through revenue generated from its gold recovery businesses.

The Company has two recovery business based in South African and Ghana, which, by safely disposing of mining by-products, fulfil an important aspect of the mines' environmental management programmes. The South African plant is located near the centre of the East Rand Goldfield and raw material feedstocks are sourced from many of the major South African mining companies including Anglogold Ashanti, Goldfields, Harmony, DRD Gold and other smaller producers,. The Ghana plant, located in the free port of Tema, provides access to raw materials from mines in Mali, Guinea, Burkina Faso, Benin, Cote D'Ivorie, Senegal, the DRC and Mauritania, as well as Ghana. 

Goldplat is expanding into gold mining through the acquisition of known deposits with targets of between 200,000 and one million ounces of ore contained. To this end, in a 50/50 JV, it is developing the potential of the highly prospective 213 sq km Lolgorien licence area located in the historically producing Migori Archaean Greenstone Belt in western Kenya, with a view of establishing a mining operation in the short term. A number of other potential projects across Africa are under review.