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Updated Corporate Presentation

24 Feb 2014 11:00

RNS Number : 7732A
Nyota Minerals Limited
24 February 2014
 



 

 

 

 

24 February 2014

Nyota Minerals Limited

('Nyota' or 'the Company')

 

UPDATED CORPORATE PRESENTAION

 

Nyota Minerals Limited (ASX/AIM: NYO), the gold exploration company in East Africa, is pleased to announce that an updated Corporate Presentation is available for download on the Company's website www.nyotaminerals.com.

 

The presentation highlights the Company's renewed strategy to focus on exploration, starting with its 100% owned Northern Block exploration tenements in Ethiopia. Fieldwork has recommenced across the area to advance existing target areas and delineate new areas of interest, with a view to prioritising drill targets. SRK Exploration Services Limited has been engaged to prepare a Competent Person's Report ("CPR") on work to date in the Northern Block licence areas and to review the fieldwork currently underway. The Company anticipates receipt of the CPR in Q1 2014.

 

As well as the above, the Company currently has exposure to 34% of any upside realised from the Tulu Kapi Gold Project, through its shareholding in both the project and its joint venture partner KEFI Minerals plc. The Board continues to believe that Tulu Kapi will be developed by the operating company of which Nyota is currently a 25% shareholder.

 

**ENDS**

 

For further information please visit www.nyotaminerals.com or contact:

 

Richard Chase

Nyota Minerals Limited

Chief Executive Officer

+44 (0) 20 7659 6109

info@nyotaminerals.com

 

Anthony Rowland

Nyota Minerals Limited

Business Development

+44 (0) 20 7659 6109

info@nyotaminerals.com

 

Antony Legge/

James Thomas

Nominated Adviser and Joint Broker

Daniel Stewart & Company plc 

+44 (0) 20 7776 6550

 

 

Susie Geliher/

Elisabeth Cowell

Financial PR

St Brides Media & Finance Ltd

 

+44 (0) 20 7236 1177

Guy Wilkes

Joint Broker

Ocean Equities Limited

 

+44 (0) 20 7786 4370

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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