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26.04.2012
Bonifaz Gold Plc Commences Prospection Operations in Don Eulogio, Francia and San Luis with Excellent Initial Results
Bonifaz Gold Plc Commences Prospection Operations in Don Eulogio, Francia and San Luis with Excellent Initial Results
London, April 24th 2012. BONIFAZ GOLD PLC, (BOG.F – WKN: A1H5HC) announces the beginning of prospection at the Don Eulogio, Francia and San Luis concessions with excellent results. The first visit made by our geologists has determined a potential of 7,500,000 metric tons of ore that, with the results of previous sampling of 4.57 grams per metric ton, show a potential of 1,200,000 ounces of gold in three veins that cross the three concessions.
Oscar A. Bonifaz, CEO states, “the beginning of the prospection phase of Don Eulogio, Francia and San Luis is a great step towards increasing the gold reserves in our company.” He also stated, “These concessions show a great potential and will probably become one of our most important operations once we finish the prospections stage.” He added, “We will inform our shareholders of the prospection work in these concessions.”
BONIFAZ GOLD PLC (BG) is a British mining company with metallic and non-metallic operations and mineral deposits throughout Bolivia, South America. The Bonifaz Gold group has been operating since 1992 and used its knowledge, experience and resources to acquire and accumulate some of the richest gold and non‐metallic ore reserves in South America. The BG group currently has 44 mines in Bolivia, covering 10,670 hectares (26,366 acres) and representing approximately US$ 9 billion (€7 billion) of proved and probable reserves.
Further information can be found on the BONIFAZ GOLD PLC website at: www.BonifazGold.com. or www.BonifazGold.de
IR-Contact Germany
Hans Joachim Bischoff
Telefon: +49 (0) 511 165 965 – 40, bischoff@st-ir.de
Registered Office in England and Wales
Bonifaz Gold PLC
88 Wood Street, 10th Floor
London EC2V 7RS, United Kingdom
U.K. Company No. 07432940
Disclaimer:
This press release contains forward-looking statements based on beliefs of BONIFAZ GOLD PLC management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of Bonifaz Gold as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Bonifaz Gold disclaims any intention or obligation to update these forward-looking statements.
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London, April 24th 2012. BONIFAZ GOLD PLC, (BOG.F – WKN: A1H5HC) announces the beginning of prospection at the Don Eulogio, Francia and San Luis concessions with excellent results. The first visit made by our geologists has determined a potential of 7,500,000 metric tons of ore that, with the results of previous sampling of 4.57 grams per metric ton, show a potential of 1,200,000 ounces of gold in three veins that cross the three concessions.
Oscar A. Bonifaz, CEO states, “the beginning of the prospection phase of Don Eulogio, Francia and San Luis is a great step towards increasing the gold reserves in our company.” He also stated, “These concessions show a great potential and will probably become one of our most important operations once we finish the prospections stage.” He added, “We will inform our shareholders of the prospection work in these concessions.”
BONIFAZ GOLD PLC (BG) is a British mining company with metallic and non-metallic operations and mineral deposits throughout Bolivia, South America. The Bonifaz Gold group has been operating since 1992 and used its knowledge, experience and resources to acquire and accumulate some of the richest gold and non‐metallic ore reserves in South America. The BG group currently has 44 mines in Bolivia, covering 10,670 hectares (26,366 acres) and representing approximately US$ 9 billion (€7 billion) of proved and probable reserves.
Further information can be found on the BONIFAZ GOLD PLC website at: www.BonifazGold.com. or www.BonifazGold.de
IR-Contact Germany
Hans Joachim Bischoff
Telefon: +49 (0) 511 165 965 – 40, bischoff@st-ir.de
Registered Office in England and Wales
Bonifaz Gold PLC
88 Wood Street, 10th Floor
London EC2V 7RS, United Kingdom
U.K. Company No. 07432940
Disclaimer:
This press release contains forward-looking statements based on beliefs of BONIFAZ GOLD PLC management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of Bonifaz Gold as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Bonifaz Gold disclaims any intention or obligation to update these forward-looking statements.
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=GB00B460HL17">http://www.irw-press.com/alert_subscription.php?lang=en&isin=GB00B460HL17</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.