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Extension for Rotgulden Exploration Licences

16 Dec 2013 10:30

RNS Number : 6121V
Noricum Gold Limited
16 December 2013
 



Noricum Gold Limited / EPIC: NMG / Sector: Natural Resources

16 December 2013

Noricum Gold Limited ('Noricum Gold' or 'the Company')

Five Year Extension Granted for Rotgulden Exploration Licences

 

Noricum Gold Limited, the Austrian focused gold exploration and development company, is pleased to announce that it has been granted a five year extension for the Rotgulden exploration licences by the Austrian mining authority, the Federal Ministry of Economic Affairs, Family and Youth. The details of the 63 licences that have been extended are summarised in the following table:

 

Number of licences

Licence number

Expiry date

From

To

39

24

2/87/S

2/89/S

40/87/S

25/89/S

31/12/2018

31/12/2018

 

The area covered by these licences includes the previously producing Rotgulden underground mine, where a drill programme has recently been completed, and the prospective Altenberg target area located 2km to the south of the mine.

 

The remaining 206 licences at Rotgulden have an expiry date of 31 December 2015. In accordance with Austrian mining law, the Company has already completed sufficient exploration work at these licences to enable it to apply for a further five year extension in 2015.

 

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

 

Greg Kuenzel

Noricum Gold Limited

Company

Tel: 020 3326 1726

Ewan Leggat

S. P. Angel Corporate Finance LLP

Nomad & Broker

Tel: 020 3463 2260

Laura Littley

S. P. Angel Corporate Finance LLP

Nomad & Broker

Tel: 020 3463 2260

Elisabeth Cowell

St Brides Media & Finance Ltd

PR

Tel: 020 7236 1177

Frank Buhagiar

St Brides Media & Finance Ltd

PR

Tel: 020 7236 1177

 

 

 

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