FATALITY AT STRATONI MINE
October 15 2009 - 10:30AM
UK Regulatory
TIDMEGU
RNS Number : 8676A
European Goldfields Ltd
15 October 2009
For Immediate Release
15 October 2009
European Goldfields Limited
FATALITY AT STRATONI MINE
15 October 2009 - European Goldfields Limited (AIM: EGU / TSX: EGU) ("European
Goldfields" or the "Company") reports with great sadness the death of a miner
due to an underground accident at the Mavres Petres mine yesterday. A rockfall
occurred during roof maintenance 162 metres underground, killing one worker and
injuring a second. The mine was closed briefly due to investigation of the
accident by Hellas Gold and government authorities and will re-open on Monday
after the funeral. The Company offers its deepest condolences to the family,
friends, and colleagues of the deceased.
About European Goldfields
European Goldfields Limited is a resource company involved in the exploration,
acquisition, mining and development of mineral properties in Greece, Romania and
South-East Europe.
Greece - European Goldfields holds a 95% interest in Hellas Gold S.A. Hellas
Gold owns three major gold and base metal deposits in Northern Greece. The
deposits are the polymetallic operation at Stratoni, the Olympias project which
contains gold, zinc, lead and silver, and the Skouries copper/gold porphyry
project. Hellas Gold commenced production at Stratoni in September 2005 and
started selling an existing stockpile of gold concentrates from Olympias in July
2006. Hellas Gold is applying for permits to develop and build the Skouries and
Olympias projects.
Romania - European Goldfields owns 80% of the Certej gold/silver project in
Romania. In July 2008, the National Agency of Mineral Resources approved the
technical feasibility study in support of its permit application and issued a
new mining permit for the Certej project.
For further information please contact:
+------------------------------------+--------------------------------------+
| European Goldfields: | e-mail: info@egoldfields.com |
| Martyn Konig, Executive Chairman | Tel: +44 (0)20 7408 9534 |
| | |
+------------------------------------+--------------------------------------+
| Buchanan Communications: | e-mail: bobbym@buchanan.uk.com |
| Bobby Morse / Katharine Sutton | Tel: +44 (0)20 7466 5000 |
| | |
+------------------------------------+--------------------------------------+
| RBC Capital Markets: | e-mail: sarah.wharry@rbccm.com |
| Sarah Wharry | Tel: +44 (0)20 7653 4804 |
+------------------------------------+--------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
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