7 Jul 2009 13:25
7th July 2009
Persian Gold PLC
Highlights of comments made by John Teeling,
the Chairman of Persian Gold, the Irish based exploration company,
at the AGM held at 12 noon on 7th July 2009
Persian Gold operations continue as normal in Iran.
We await the issue of a Discovery Certificate on the Cheh-e-Zard gold deposit in central Iran prior to undertaking a full feasibility study. A scoping study shows healthy returns on developing the oxide deposit of 160,000 ounces of gold and 1million ounces of silver.
Application being finalised for a Discovery Certificate on the Dalli copper / gold deposit. A simple conceptual study suggests that a small mine may be viable.
Several projects identified with significant potential. Partners will be required to explore these.
We are expanding our interests to Persian speaking areas outside of Iran, and we are considering projects other than gold or copper / gold.
All resolutions were passed.
| Persian Gold PLC | ||
| John Teeling, Chairman | +353 (0) 1 833 2833 | |
| FinnCap | ||
| Matthew Robinson | +44 (0) 20 7600 1658 | |
| College Hill | ||
| Nick Elwes | +44 (0) 20 7457 2020 | |
www.persiangoldplc.com
Clontarf (CLON)