Partial Suspension Order Update

RNS Number : 2316R

Metals Exploration PLC

07 March 2016

 

7 March 2016

METALS EXPLORATION PLC

Metals Exploration plc (AIM: MTL) ("Metals Exploration" or the "Company"), the natural resources exploration and development company with assets in the Pacific Rim region.

Runruno Project Update on the Partial Suspension Order

Partial Suspension Order Update

Further to the announcement of 26^th January 2016, the Company confirms that it is continuing to work with the Mines and Geosciences Bureau (MGB) and diligently observing the verification process which should facilitate the partial suspension order being lifted. The completed rehabilitation and enhancement works are being verified by the MGB who is satisfying itself that the work is complete, the standard of works is compliant and that the third party geotechnical and design reports are satisfactory.

Once the MGB is satisfied and the partial suspension order lifted the Runruno Project will complete ore commissioning and move into commercial operations shortly thereafter. 

For further information please visit or contact www.metalsexploration.com

Ian R. Holzberger	[phone]		Nominated Adviser:     STOCKDALE SECURITIES Ltd
(Chairman)	[phone]		Robert Finlay, Alastair Stratton, Edward Thomas	[phone]
Liam A. Ruddy	[phone]
(Company Secretary)	[phone]		Public Relations:     TAVISTOCK
			Edward Portman;    Jos Simson	[phone]
			Broker:     SP ANGEL CORPORATE FINANCE LLP
			Ewan Leggat;	[phone]

 

END

 

 

MSCEAPDXESDKEEF