El Maniel International, Inc. Completes Geological Mapping on Plot in West Africa; Initiates Additional 100 Acres
October 13 2010 - 10:38AM
El Maniel International, Inc. (Pink Sheets:EMLL) announces
completion of geological mapping on the first 100 acres it started
just weeks ago in the alluvial gold mining initiative located in
Ghana, West Africa.
CEO of El Maniel International, Inc. Jamie Khoo proudly comments
that, "This benchmark crystalizes the gold mining initiative
of El Maniel in the African continent and immediately allows the
company to expedite the geological mapping on an additional 100
acres of alluvial gold mining concession land on the Ghana plot as
results have been promisingly optimal thus far."
"Geological mapping is a special purpose overview created to
show subsurface geological features which provides a plan view of a
specific area," states Jamie Khoo. "They are usually produced by a
combination of aerial surveys and on location mapping
to produce an optimal overview for a survey. El Maniel,
satisfied with the geological mapping on the initial plot, is
preparing to move into geological survey concurrent
with the geological mapping on the additional acres."
Specifically, a geological survey employs techniques including
machine driven boreholes to extract samples for lab analysis
which allows El Maniel to determine actual gold reserves and
facilitate planning towards commercial production. According
to Jamie Khoo, "As gold prices continue to chart record
high levels, profit margins for these tangible assets are expected
to increase accordingly and El Maniel will be stepping on the gas
to bring gold to the market by end of Q4." Forthcoming updates will
be available online via www.elmanielinc.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.
Press Release drafted by NMR, LLC
CONTACT: El Maniel International, Inc.
Investor Relations Contact:
Gerrard Hollister
(310) 909-7988
EMLL@GerrardHollister.com
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