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Production Update

14 Jan 2010 12:11

RNS Number : 5616F

GMA Resources PLC

14 January 2010

(AIM: GMA)

14 January 2010

GMA Resources plc

("GMA" or the "Company")

Production Update for December 2009

GMA announces that in December 2009, the Amesmessa gold mine in Algeria produced 1,704 ounces of gold and372 ounces of silver. The mine produced a total of 32,691 ounces of gold in 2009 compared with 21,156 ounces in 2008. ENOR gold sales for the year totalled 33,992 ounces (including a small inventory from 2008), at an average selling price of USD$959.63 per ounce.

From January 2010 onwards production updates will be made quarterly. In addition, the Company intends to announce details of its exploration plans as the programme develops during 2010.

Douglas Perkins, Chief Executive of GMA, commented:

"Significant steps are being taken to address the continuing underperformance of the mine at Amesmessa; details of these steps will be announced in the coming months."

ENQUIRIES:

GMA Resources Plc

Douglas Perkins

+1 514 806 6788

Merchant John East Securities Limited

Bidhi Bhoma

+44 (0) 20 7628 2200

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLLFLFLIISLII

Date		Source	Headline
28th Mar 2007	12:37 pm	RNS	Issue of Stock Options
21st Mar 2007	3:42 pm	RNS	Holding in Company
20th Mar 2007	2:33 pm	RNS	Holding in Company
15th Mar 2007	10:19 am	RNS	Holding in Company
6th Mar 2007	8:39 am	RNS	Holding in Company
5th Mar 2007	8:27 am	RNS	Holding in Company
28th Feb 2007	7:00 am	RNS	Total Voting Rights
26th Feb 2007	10:07 am	RNS	Holding in Company
22nd Feb 2007	9:25 am	RNS	Holding in Company
8th Feb 2007	11:49 am	RNS	Holding in Company
31st Jan 2007	7:02 am	RNS	Placing
18th Dec 2006	12:30 pm	RNS	Total Voting Rights
15th Dec 2006	7:58 am	RNS	December Construction Update
1st Dec 2006	8:36 am	RNS	Significant Shareholder
30th Nov 2006	8:57 am	RNS	Significant Shareholder
7th Nov 2006	8:05 am	RNS	Construction Update
2nd Nov 2006	9:39 am	RNS	Launch of New Website
4th Oct 2006	12:42 pm	RNS	Interim Results - Amend
28th Sep 2006	7:05 am	RNS	Interim Results
28th Sep 2006	7:00 am	RNS	Metallurgical Testing Results
18th Jul 2006	12:46 pm	RNS	Result of AGM
29th Jun 2006	7:03 am	RNS	Construction Update
28th Jun 2006	7:01 am	RNS	Annual Report and Accounts
27th Jun 2006	2:20 pm	RNS	Significant Shareholder
19th Jun 2006	6:57 pm	RNS	Final Results
30th May 2006	4:50 pm	RNS	Significant Shareholder
30th May 2006	3:21 pm	RNS	Project Financing Update
8th May 2006	9:39 am	RNS	Significant Shareholder
8th May 2006	9:37 am	RNS	Project Update
3rd May 2006	5:33 pm	RNS	Significant Shareholding
2nd May 2006	2:35 pm	RNS	Significant Shareholding
2nd May 2006	9:26 am	RNS	Significant Shareholder
21st Apr 2006	12:56 pm	RNS	Director Shareholding
18th Apr 2006	10:49 am	RNS	Director Shareholding
12th Apr 2006	4:12 pm	RNS	Issue of Shares
7th Apr 2006	10:24 am	RNS	Resignation of Director
6th Apr 2006	1:29 pm	RNS	Issue of Options
7th Mar 2006	9:07 am	RNS	Director Shareholding
2nd Mar 2006	12:05 pm	RNS	Trading/prod'n plan update
1st Feb 2006	12:33 pm	RNS	Resignation of Director
11th Jan 2006	7:00 am	RNS	Trading update
20th Dec 2005	4:09 pm	RNS	Directorate Change - Replace
20th Dec 2005	3:54 pm	RNS	Directorate Change
24th Nov 2005	7:47 am	RNS	Additional Listing
23rd Nov 2005	12:56 pm	RNS	Result of EGM
31st Oct 2005	9:49 am	RNS	Placing and Issue of Options
17th Oct 2005	12:46 pm	RNS	Directorate Change
17th Oct 2005	12:42 pm	RNS	Change of Adviser
11th Oct 2005	2:57 pm	RNS	Feasibility Study
10th Oct 2005	9:19 am	RNS	Feasibility Study

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