RIU Explorer's Conference Presentation - Feb 2011 (6426B)
22 February 2011 - 10:44PM
UK Regulatory
TIDMNGL
RNS Number : 6426B
Norseman Gold PLC
22 February 2011
Norseman Gold plc / Epic: NGL / Index: AIM & ASX / Sector:
Mining & Exploration
22 February 2011
Norseman Gold Plc ('Norseman Gold' or 'the Company')
RIU Explorer's Conference Presentation - February 2011
Norseman Gold, the AIM-listed and ASX-listed Australian gold
production company announces that it has today released a
presentation, for the RIU Explorers Conference currently on in
Perth Western Australia, that will be presented by the Company's
Chief Executive Officer, Barry Cahill, on Wednesday 23(rd) February
2011.
A copy of the full presentation can be downloaded from the
Company's website at www.norsemangoldplc.com.
**ENDS**
For further information visit www.norsemangoldplc.com or
contact:
Barry Cahill Norseman Gold Plc Tel: +61 (0) 8 9473 2222
E-mail:
investors@ngold.com.au
Guy Wilkes Ocean Equities Ltd Tel: +44 (0) 20 7786
4370
Nandita Sahgal Seymour Pierce Ltd Tel: +44 (0) 20 7107
Jeremy Stephenson 8000
Hugo de Salis St Brides Media & Finance Tel: +44 (0) 20 7236
/ Ltd 1177
Isabel Crossley
Note to editors:
Norseman Gold plc is an AIM listed and ASX listed Australian
gold production company, which acquired the Norseman Gold Project
in May 2007, Australia's longest continually running gold
operation. The Norseman Gold Project is located in the Eastern
Goldfields of Western Australia in the highly prospective
Norseman-Wiluna greenstone belt, 725km east of Perth and 186km from
Kalgoorlie.
Gold was first found on the Norseman field in 1894 and over the
last 65 years it has produced over 5.5 million oz of gold. The mine
is currently producing from two high-grade narrow-vein underground
mines - the Bullen and the Harlequin. Currently, it has a total
resource inventory of 3.8 million oz of gold at an average grade of
5.3 g/t.
The tenements cover a 2,180 sq km area centred on the Norseman
Township. The landholding comprises 221 tenements consisting of 16
Exploration Licences, 107 Mining Licences, 64 Prospecting Licences,
15 Miscellaneous Licences, 5 Exploration Licence Applications, 13
Prospecting Licence Applications and 1 Mining Lease
Application.
The Company's strategy is focused on extending the mine life
through the conversion of resources into reserves and identifying
additional resources and obtaining additional ore for the operating
mill through the development of a fourth and subsequent mines. The
Company has fifteen advanced resource projects under review of
which three have pre-development work being undertaken on them. It
is anticipated that at least one if not all the pre-development
projects will develop into mining propositions.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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