El Maniel International, Inc Explores Gold Rich Prospect in Papua New Guinea
July 15 2011 - 8:05AM
El Maniel International Inc (Pink Sheets:EMLL) announced today that
the Company is exploring alluvial gold mining opportunities in
Papua New Guinea (PNG), a country in the region of Australasia and
visual updates of our recent exploration visit to a promising
alluvial gold mining claim via our webcast series are now available
at www.elmaniel.com "During the visit, we put together a group of
artisan miners at a prospective alluvial gold mining claim located
in Enga Province and we were thrilled by the results from the site
visit as we managed to recover and collect some samples of alluvial
gold" according to Jamie Khoo, CEO of El Maniel International Inc
"We are very excited about the alluvial gold mining opportunities
in PNG and we gained significant knowledge of the country as well
as its vastly untapped world class gold resources during our recent
fact finding and exploration visit"
The Capital city of PNG is Port Moresby and is located on the
Southern Coast of the mainland. PNG has a total land area of
180,000 square miles and the official language is English. The main
exports of PNG are gold, petroleum, copper, palm oil, cocoa,
coffee, copra, and timber logs. The main mineral deposits are gold,
silver and copper but there are also other recoverable deposits of
other minerals such as nickel and cobalt. "Alluvial gold
occurrences in PNG are mainly found in the East Sepik Province,
Enga Province, Madang Province, Eastern Highlands, and Northern
Province and in 2009, the total gold production in PNG was recorded
at 2.1 million ounces" added Jamie Khoo "We will continue our
efforts in exploring new horizons for our gold business domain to
enhance the value of our company as well as increasing
shareholder's value and we will continue bringing more updates to
our supportive shareholders through press releases, webcasts as
well as visual updates via our corporate website – stay tuned to
www.elmaniel.com"
El Maniel International Inc is a publicly traded company
currently focusing in the gold business domain including but not
limited to trading, prospecting, developing and expanding the
economic potential of world class mining claims located in Ghana,
West Africa and the company is committed in creating shareholder's
value by ensuring constant development of current and new resources
in the region.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995: The statements contained in this release which
are not historical facts are forward-looking statements that are
subject to risks and uncertainties that could cause actual results
to differ materially from those set forth in or implied by
forward-looking statements. These risks and uncertainties include
the Company's entry into new commercial businesses, the risk of
obtaining financing, recruiting and retaining qualified personnel,
and other risks described in the Company's Securities and Exchange
Commission filings. The forward-looking statements in this press
release speak only as of the date hereof, and the Company disclaims
any obligation to provide updates, revisions or amendments to any
forward-looking statement to reflect changes in the Company's
expectations or future events.
CONTACT: Investor Relations
El Maniel International, Inc
(212) 726-2179
ir@elmaniel.com
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