Sovereign Mines of Africa PLC (AIM:SML), the gold mining exploration Company with properties in the Republic of Guinea in West Africa, today announces its Interim Results for the six months ended 30 June 2013.

Operational Highlights

Third phase exploration drilling programme completed at the Company's Mandiana Magana project

  • Encouraging third phase drilling results announced
  • Consultants commissioned to produce a maiden inferred resource for the two principal zones at Yagbelen and Wyondjian

Funding Highlights

  • In January 2013 £1.25 million of additional working capital was raised from institutional and other investors
  • In  June 2013 £398,000 raised from the disposal of 2 million shares in Praetorian Resources Limited.

For further information please contact:

Sovereign Mines of Africa PLC

David Pearl F.C.A. - Chairman
david.pearl@sovmines.com

+353 696 8961

John Barry - Exploration Director

+353 8 7669 5608

Nathan Steinberg - Finance Director

+44 20 7269 7680

Shore Capital - Nominated Adviser & Broker

Toby Gibbs / Bidhi Bhoma - Corporate Finance

Jerry Keen - Corporate Broking

+44 20 7408 4090

Square1 Consulting Limited

David Bick / Mark Longson

+44 20 7929 5599

Newgate Threadneedle

Graham Herring / Richard Gotla

+44 20 7653 9858

Click here to read the Interim Statement in full 

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