Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Goldplat plc    GDP   GB00B0HCWM45

GOLDPLAT PLC (GDP)
Mes dernières consult.
Most popular
  Report  
Delayed Quote. Delayed  - 05/25 05:35:13 pm
6.5 GBp   --.--%
05/24GOLDPLAT : Kilimapesa Processing Plant Update
AQ
04/04GOLDPLAT : Completion of Elution Plant in Ghana
AQ
04/04GOLDPLAT : Change to Registered Office Address
AQ
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensus 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Goldplat : Ashanti Gold Corp releases an exploration update at the Anumso Gold Project

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/14/2017 | 12:17pm CEST

(GlobeNewswire) - Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration13 October 2017Goldplat plc (`Goldplat` or `the Company`)

Ashanti Gold Corp releases an exploration update at the Anumso Gold Project

Goldplat, the AIM quoted gold producer with international gold recovery operations located in South Africa and Ghana and a gold mine in Kenya, notes the announcement released by Ashanti Gold Corp. (`Ashanti`) in relation to Goldplat`s Anumso Gold Project in Ghana (`Anumso`), in which Ashanti has the right to earn up to 75% of Goldplat`s interest by expending US$3million on exploration work.

Ashanti has identified broader and new mineralised zones at Anumso, which are in aggregate 480m wide in certain areas of mineralisation, following soil sampling. Approximately 1,200 samples revealed multiple zones of mineralised Banket conglomerate. The soil samples tested returned samples with over 30 ppb gold (`Au`), with 24 samples containing more than 100 ppb Au. Results from initial metallurgical test work on oxidised and unoxidised mineralised samples were encouraging; strong gold recovery by cyanidation was observed and an initial Extended Gravity Recoverable Gold test was conducted on an unoxidised composite, which indicated that up to 72.9% of the gold may be recoverable by gravity methods. Further work to optimise process conditions and evaluate variability is planned by Ashanti.

To read the full announcement released by Ashanti in compliance with NI 43-101, please visit Ashanti`s website: https://ashantigoldcorp.com/news/2017

** ENDS **

For further information visit www.goldplat.com, follow on Twitter @GoldPlatPlc or contact:

Gerard Kisbey-Green

CEO Goldplat plc

Tel: +27 (71) 8915775

Colin Aaronson / Daniel Bush

Grant Thornton UK LLP (Nominated Adviser)

Tel: +44 (0) 20 7383 5100

Andrew Raca / Justin McKeegan

VSA Capital Limited (Broker)

Tel: +44 (0) 20 3005 5000

Charlotte Page / Susie Geliher

St Brides Partners Ltd (Financial PR)

Tel: +44 (0) 20 7236 1177

The information contained within this announcement is considered to be inside information, for the purposes of Article 7 of EU Regulation 596/2014, prior to its release.

About Goldplat Goldplat plc is an AIM quoted gold producer with two market leading recovery operations in South Africa and Ghana and an operational gold mine in Kenya. The Company produced 42,857 ounces of gold during FY 2017, with 40,285 gold equivalent ounces sold and transferred, resulting in an operating profit from continuing operations of 2.9m for the year. This result does not benefit from the increased processing capacity that was achieved at the Kilimapesa Gold Mine towards the end of FY 2017, with operational profitability achieved during last two months of FY 2017. Accordingly, the Company believes it is well placed to build upon production and profitability during FY 2018.

The Company`s strategy is focussed on utilising cash flow generated from its flagship gold recovery and mining operations to self-fund the sustainable growth and expansion of its niche gold recovery business model internationally. The Company is also committed to increasing its primary mining production output through acquisition / gaining interests in producing or near-production assets, preferably in Africa. Goldplat retains exposure to a small exploration project in Ghana, in which Ashanti Gold Corp. is earning an interest via an earn-in option agreement.

(c) 2017 The Sun Publishing Limited. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
ASHANTI GOLD CORP 0.00% 0.17 End-of-day quote.-19.05%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GOLDPLAT PLC
05/24GOLDPLAT : Kilimapesa Processing Plant Update
AQ
05/23GOLDPLAT : completes expansion of Kilimapesa processing plant
AQ
04/04GOLDPLAT : Completion of Elution Plant in Ghana
AQ
04/04GOLDPLAT : Change to Registered Office Address
AQ
03/08GOLDPLAT : Shareholder Conference Call and Q&A
AQ
02/26GOLDPLAT : Final settlement of Rand Refinery dispute
AQ
01/30GOLDPLAT : UK-based Goldplat Kenya gold sales hit Sh375m in six months
AQ
01/17ASHANTI GOLD : Goldplat plc - Modification to option Terms between Ashanti Gold ..
AQ
01/15GOLDPLAT : Update on Negotiation with Rand Refinery
AQ
2017GOLDPLAT : Operational Update
AQ
More news
News from SeekingAlpha
2016VSA CAPITAL'S PAUL RENKEN : Gold And Lithium Companies That Are Sizzling Hot 
2015COMMODITIES TODAY : Volatility In Energy Names, New CEO For Railroad 
2015PREMARKET GAINERS / LOSERS AS OF 9 : 10 am 
2015Goodrich Petroleum to launch 12M-share public offering 
2015Goodrich Petroleum's (GDP) CEO Gil Goodrich on Q4 2014 Results - Earnings Cal.. 
Chart GOLDPLAT PLC
Duration : Period :
Goldplat plc Technical Analysis Chart | GDP | GB00B0HCWM45 | 4-Traders
Technical analysis trends GOLDPLAT PLC
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
 
Mean consensus
Number of Analysts 0
Average target price 0,17  GBP
Spread / Average Target 162%
Managers
NameTitle
Gerard A. Kisbey-Green Chief Executive Officer & Executive Director
Matthew Robinson Non-Executive Chairman
Johannes Hendrik van Vreden Chief Operating Officer & Executive Director
Werner Klingenberg Finance Director & Executive Director
Ian J. H. Visagie Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
GOLDPLAT PLC-16.13%14
NEWMONT MINING CORPORATION6.53%21 041
BARRICK GOLD CORP-4.40%15 610
NEWCREST MINING LIMITED-8.63%12 126
AGNICO EAGLE MINES LTD-1.69%10 242
SHANDONG GOLD MINING-12.28%8 010