El Maniel International, Inc. (PN) (USOTC:EMLL)
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5 Years : From Jun 2014 to Jun 2019
El Maniel International Inc (Pink Sheets:EMLL) announced today that the Company is sending its mining project crew to the project site in Papua New Guinea (PNG) for preliminary preparations towards the mobilization of pilot alluvial gold mining operations. "We are all set to send a team comprising of experienced engineers, geologist and equipment specialists to the project site by end of August 2011 for the initialization of preliminary site preparations such as site boundary demarcation, site clearing as well as pre-construction work where we will assess the existing terrain condition of the project site to designate a location to erect the two-channel elevated sluice-box system," according to Jamie Khoo, the Chief Executive Officer of El Maniel International, Inc. "We will also be gathering the necessary resources that we require including but not limited to heavy equipments such as bulldozers, excavators, tipper trucks and other materials such as metal, timber and concrete for the construction the two-channel elevated sluice-box system and preliminary preparations are expected to continue for 3-4 weeks for us to commence operations."
"In view of soaring gold prices to records levels, we must capitalize on this opportunity to bring gold to the market as soon as possible so as to increase our overall bottom-line as well as the shareholders' value," added Jamie Khoo. More information and updates will be made available via 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 its world class mining claims and the company is committed in creating shareholder's value by ensuring constant development of current and new resources in its global gold business domain. Visit us at www.elmaniel.com.
"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.
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El Maniel International, Inc