Information  X 
Enter a valid email address

Arcon Int.Resources (AIN)

  Print      Mail a friend

Wednesday 04 September, 2002

Arcon Int.Resources

New State Mining Licence

Arcon International Resources PLC
04 September 2002

                    ARCON receives new State Mining Licence

Wednesday, 4th September 2002 - ARCON International Resources Plc is pleased to
announce that the Galmoy mine has received a new State Mining Licence,
completing the permitting required to allow the mining of reserves outside the
original 1995 Mine Licence area. The Planning Permission for this new area was
issued in May 2002.

Speaking today, Mr. Kevin Ross, Chief Executive of ARCON International Resources
P.l.c., said:

        'This new State Mining Licence will allow greater flexibility in the
        mining operations necessary to reach the projected 750,000 tonnes per
        annum milling rate by early 2003. Separately, we are continuing with our
        intense exploration programme in the vicinity of the Galmoy Mine site.'

Ends.             Wednesday, 4th September 2002

For reference:    Pauline McAlester

Murray Consultants Limited

Tel: 01-4980300

                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                                                                                             

a d v e r t i s e m e n t