MineSite Presentations

24 Apr 2006 08:33

African Eagle Resources PLC24 April 2006 African Eagle Resources plc African Eagle (ticker AFE, the "Company") is pleased to announce that it will bepresenting a review of its current operations and future plans, as recentlyannounced, at the MineSite forums in London, Paris, Geneva and Zurich during thecourse of this week. The Company's Managing Director and Operations Director will discuss the recentannouncement that the Company plans to move its two most advanced projects,Mkushi copper and Miyabi gold, to feasibility and production decisions over thenext two years. As part of its ongoing strategic review, the Company continuesto consider the most appropriate way of financing these and its other projects,which may or may not include strategic partnerships, farm-outs, additionalequity or debt financing. African Eagle is a mineral resources exploration and development company withits focus on eastern and central Africa. It operates in Zambia, Tanzania andMozambique, countries with highly prospective geology and low above-groundrisks, which have all been recent destinations for successful major investmentsin the metals and minerals industries. The Company has a highly motivated team, proven management and an experiencedboard. Its principal operations are the Miyabi gold project in Tanzania and theMkushi copper project in Zambia. It also holds a well-balanced explorationportfolio including highly prospective areas near Ndola in the ZambianCopperbelt, a large iron oxide copper gold (IOCG) system at Eagle Eye in Zambiaand many promising early stage projects. Mark ParkerManaging DirectorAfrican Eagle Resources plc 24 April 2006 For further information Tel Mobile Mark Parker African Eagle 020 7248 6059 077 7980 1159 Bevan Metcalf African Eagle 020 7248 6059 078 0277 6226 Leesa Peters Conduit PR 020 7429 6600 078 1215 9885 See our web site www.africaneagle.co.uk for information about the company andits projects. This information is provided by RNS The company news service from the London Stock Exchange