Last checked at 7 Mar 2016 08:56
7 March 2016
METALS EXPLORATION PLC
Metals Exploration plc (AIM: MTL) ("Metals Exploration" or the "Company"), the natural resources exploration and development company with assets in the Pacific Rim region.
Runruno Project Update on the Partial Suspension Order
Partial Suspension Order Update
Further to the announcement of 26th January 2016, the Company confirms that it is continuing to work with the Mines and Geosciences Bureau (MGB) and diligently observing the verification process which should facilitate the partial suspension order being lifted. The completed rehabilitation and enhancement works are being verified by the MGB who is satisfying itself that the work is complete, the standard of works is compliant and that the third party geotechnical and design reports are satisfactory.
Once the MGB is satisfied and the partial suspension order lifted the Runruno Project will complete ore commissioning and move into commercial operations shortly thereafter.
For further information please visit or contact www.metalsexploration.com
Ian R. Holzberger | +63 (0) 9189 795 992 | Nominated Adviser: STOCKDALE SECURITIES Ltd | ||
(Chairman) | +61 (0) 418 886 165 | Robert Finlay, Alastair Stratton, Edward Thomas | +44 (0) 207 601 6100 | |
Liam A. Ruddy | +61 (0) 498 648 615 | |||
(Company Secretary) | +44 (0) 7911 719 960 | Public Relations: TAVISTOCK | ||
Edward Portman; Jos Simson | +44 (0) 207 920 3150 | |||
Broker: SP ANGEL CORPORATE FINANCE LLP | ||||
Ewan Leggat; | +44 (0) 203 470 0470 | |||