This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.
Polo Resources Limited – NI 43-101 Technical Report Filed
Hamilton, Bermuda – 15 August, 2013 – In a filing to the Bermuda Stock Exchange, Polo Resources Limited ("Polo" or "the Company"; Tickers: AIM: POL and BSX: POL.BH), issues an update on the Nimini gold project. The filing states:
“Further to the announcement on 1 July 2013, Polo Resources Limited (AIM: POL and BSX: POL), the natural resources investment company with interests in gold, oil and gas, coal and iron ore, today announces the filing on SEDAR (www.sedar.com) of a technical report (the “Technical Report”) on the Nimini Gold Project, also known as the Komahun Gold Project, in Sierra Leone, in which Polo has a 90 per cent interest through its holding in Nimini Holdings Limited. The Technical Report has been prepared in compliance with Canadian National Instrument 43-101 by the MSA Group (Pty) Ltd.
A copy of the Technical Report may be obtained under the Company’s profile held on www.sedar.com and also on the Company’s website at www.poloresources.com
Polo’s Board of Directors is pleased with the substantial progress of the project made under the management of Plinian Capital. The Mineral Resource Estimate forms the basis for the technical inputs of the Preliminary Economic Assessment (“PEA”). The date of publication of the PEA Press Release is in part dependent on the outcome of discussions with the Government of Sierra Leone regarding the fiscal terms which will apply to this project.
Polo Resources is an investment company focused on investing in the natural resources sector, principally in undervalued companies and projects with strong growth and attractive earning fundamentals. For complete details on Polo Resources refer to: www.poloresources.com
For further information, please contact:
Polo Resources Limited
Ian Burns, Finance Director +27 787 312 919
ZAI Corporate Finance Ltd (nominated adviser)
Ray Zimmerman, Peter Trevelyan-Clark,
Steve Feng +44 (0) 20 7060 2220
Liberum Capital
Tim Graham, Thomas Bective +44 (0) 20 3100 2000
Blythe Weigh Communications
Tim Blythe, Halimah Hussain, Eleanor Parry +44 (0) 207 138 3204