Hambledon Mining PLC Venmyn Deloitte Appointment (9061Q)
October 21 2013 - 2:00AM
UK Regulatory
TIDMHMB
RNS Number : 9061Q
Hambledon Mining PLC
21 October 2013
21 October 2013
Hambledon Mining plc
('Hambledon' or the 'Company')
Venmyn Deloitte Appointment
Hambledon Mining plc (AIM: HMB), the gold mining and development
company, today announces that it has appointed Venmyn Deloitte, an
independent minerals advisory firm, to prepare an Independent
Competent Person's Report ("CPR") for the Company's Sekisovskoye
deposit.
Upon completion of the Independent CPR, which is expected to be
completed in the coming months, and following the receipt of
requisite licences, Venmyn Deloitte will then prepare a further
Independent CPR for the Karasuyskoye Ore Fields. This is the area
immediately adjacent to the Sekisovskoye deposit, details of which
were announced on 4 October 2013.
Venmyn Deloitte, a wholly owned subsidiary of Deloitte Touche
Tohmatsu Limited ("Deloitte"), is an independent advisory company
with extensive experience in preparing mineral resource statements,
AIM-compliant competent person's reports, technical adviser's
reports and valuation reports for minerals, oil and gas and
exploration companies. Venmyn Deloitte was established in November
2012, when Deloitte, a global professional services firm, purchased
the 25-year-old mineral advisory firm Venmyn Rand (Pty) Ltd and
incorporated it into Deloitte South Africa's Mineral Advisory
Services practice.
The Company considers that Venmyn Deloitte's successful track
record in minerals consulting, mining advisory services, audit, and
tax makes it the best partner to work with on completing the CPR
and looks forward to publishing the CPR in due course.
Aidar Assaubayev, CEO of the Company, commented "We are very
pleased with the appointment of Deloitte Venmyn and see this as
another positive step forward in the Company's development."
Enquiries
Hambledon Mining plc
Bogdan Poustovoi, CFA (Investor Relations) +44 (0) 207 932 2455
Strand Hanson (Nomad and Broker)
Andrew Emmott / James Spinney / Ritchie Balmer +44 (0) 207 409 3494
+44 (0) 207 138 3204
+44 (0) 7816 924
626
Blythe Weigh Communications +44 (0) 7725 978
Tim Blythe 141
Halimah Hussain +44 (0) 7817 841
Camilla Horsfall 793
This information is provided by RNS
The company news service from the London Stock Exchange
END
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