El Maniel International, Inc to Roll Out Aggressive Field Program in Papua New Guinea
04 April 2012 - 10:35PM
El Maniel International Inc (Pink Sheets:EMLL) is pleased to
announce today that the Company is rolling out an aggressive field
program to revisit and reassess the alluvial gold potential of
Mining License (ML) 153 situated in the Kompiam District of Enga
Province in Papua New Guinea.
"As announced previously, we are excited with our progress on
ML153, and we are aggressively going ahead with our next phase of
resource definition and mine development program on this gold
property," according to Jamie Khoo, CEO of El Maniel International,
Inc.
"We are very excited with the exceptional potential of this gold
property and we are putting together a team of geologists and
technicians to identify and establish both lateral and in profile
the most promising and prime alluvial targets within the 100 acres
lease area through pitting and sampling program where extensive
samples will be extracted and dispatched for analysis," added Jamie
Khoo. "We believe that the enormous potential of this property and
escalating gold prices will contribute significantly to our top and
bottom lines and quantum leap the value of the Company as well as
shareholders value." Stay tuned to www.elmaniel.com for more
updates.
About El Maniel International, Inc:
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 business
domain. El Maniel is also venturing into lucrative oil and gas
business initiative with high growth strategies of investing in
underdeveloped oil and gas production assets with immediate revenue
generating capabilities throughout the United States. For further
information and updates, visit 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 risk 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
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