SouthernEra Subsidiary Messina Platinum Receives A

SouthernEra Subsidiary Messina Platinum Receives Prestigious Mineral

    Reporting Award

 

    Shares Issued and Outstanding: 51,580,800

    TSX: SUF

    AIM: SRE

 

    TORONTO, Aug. 22 /CNW/ - SouthernEra Resources Limited is pleased to

announce that the Company's 70.4 percent subsidiary Messina Platinum has been

awarded the prestigious SAMREC/IASSA award for the 'Best Reporting of Mineral

Reserves and Mineral Resources according to the South African Mineral Resource

Committee (SAMREC) Code'.

    Presented by the Investment Analyst Society of Southern Africa (IASSA),

this award recognises the outstanding quality of the Messina Platinum's

reporting of its mineral reserves and resources in its 2001 Annual Report.

    In accepting the award, SouthernEra and Messina CEO Patrick Evans said:

'A mining company's mineral reserves and resources are the primary basis of

its valuation. The SAMREC Code was established to provide a uniform standard

whereby mineral reserves and resources can be measured and presented. It is

the responsibility of all mining companies to present their mineral reserve

and resource statements in a clear and complete manner to ensure that

shareholders and analysts have an accurate foundation upon which to value the

assets of mining companies. Messina Platinum is proud to be recognised for the

high standard of achievement in the reporting of its mineral reserves and

resources.'

    SouthernEra Resources Limited is an independent producer of platinum

group metals and diamonds. The Company also has an extensive PGM and diamond

exploration program. The common shares of SouthernEra are traded on the

Toronto Stock Exchange (SUF) and the London Stock Exchange's AIM (SRE).

 

    For further information: SouthernEra Resources Limited, Patrick C.

Evans, President and CEO, Telephone: [phone], Fax: [phone],

e-mail: inbox(at)southernera.com