AGM Statement

RNS Number : 2592V

Persian Gold PLC

07 July 2009

 

7th July 2009 

Persian Gold PLC

Highlights of comments made by John Teeling, 

the Chairman of Persian Gold, the Irish based exploration company, 

at the AGM held at 12 noon on 7th July 2009 

• Persian Gold operations continue as normal in Iran. 

• We await the issue of a Discovery Certificate on the Cheh-e-Zard gold deposit in central Iran prior to undertaking a full feasibility study. A scoping study shows healthy returns on developing the oxide deposit of 160,000 ounces of gold and 1million ounces of silver.

• Application being finalised for a Discovery Certificate on the Dalli copper / gold deposit. A simple conceptual study suggests that a small mine may be viable.  

• Several projects identified with significant potential.  Partners will be required to explore these.

• We are expanding our interests to Persian speaking areas outside of Iran, and we are considering projects other than gold or copper / gold.

• All resolutions were passed.  

Persian Gold PLC
	John Teeling, Chairman	[phone]
FinnCap
	Matthew Robinson	[phone]
College Hill
	Nick Elwes	[phone]

www.persiangoldplc.com

 

END

 

 

AGMEAAXXEALNEFE