El Maniel International, Inc Mobilizes Mining Project Crew for Pilot Operations in Papua New Guinea
15 August 2011 - 10:21PM
El Maniel International Inc (Pink Sheets:EMLL) announced today that
the Company is sending its mining project crew to the project site
in Papua New Guinea (PNG) for preliminary preparations towards the
mobilization of pilot alluvial gold mining operations. "We are all
set to send a team comprising of experienced engineers, geologist
and equipment specialists to the project site by end of August 2011
for the initialization of preliminary site preparations such as
site boundary demarcation, site clearing as well as
pre-construction work where we will assess the existing terrain
condition of the project site to designate a location to erect the
two-channel elevated sluice-box system," according to Jamie Khoo,
the Chief Executive Officer of El Maniel International, Inc. "We
will also be gathering the necessary resources that we require
including but not limited to heavy equipments such as bulldozers,
excavators, tipper trucks and other materials such as metal, timber
and concrete for the construction the two-channel elevated
sluice-box system and preliminary preparations are expected to
continue for 3-4 weeks for us to commence operations."
"In view of soaring gold prices to records levels, we must
capitalize on this opportunity to bring gold to the market as soon
as possible so as to increase our overall bottom-line as well as
the shareholders' value," added Jamie Khoo. More information and
updates will be made available via www.elmaniel.com.
El Maniel International Inc is a publicly traded company
currently focusing in the gold business domain including but not
limited to trading, prospecting, developing and expanding the
economic potential of its world class mining claims and the company
is committed in creating shareholder's value by ensuring constant
development of current and new resources in its global gold
business domain. Visit us at www.elmaniel.com.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995: The statements contained in this release which
are not historical facts are forward-looking statements that are
subject to risks and uncertainties that could cause actual results
to differ materially from those set forth in or implied by
forward-looking statements. These risks and uncertainties include
the Company's entry into new commercial businesses, the risk of
obtaining financing, recruiting and retaining qualified personnel,
and other risks described in the Company's Securities and Exchange
Commission filings. The forward-looking statements in this press
release speak only as of the date hereof, and the Company disclaims
any obligation to provide updates, revisions or amendments to any
forward-looking statement to reflect changes in the Company's
expectations or future events.
CONTACT: Investor Relations
El Maniel International, Inc
(212) 726-2179
ir@elmaniel.com
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