Trading Halt on ASX (3698W)
January 30 2012 - 3:00AM
UK Regulatory
TIDMNGL
RNS Number : 3698W
Norseman Gold PLC
30 January 2012
Norseman Gold plc / Epic: NGL / Index: AIM / Sector: Mining
& Exploration
NORSEMAN GOLD PLC
('Norseman Gold' or 'the Company')
Trading Halt on ASX
Norseman Gold, the AIM-listed and ASX-listed Australian gold
production and exploration company announces that it has today
requested and been granted a trading halt from its shares on the
Australian Stock Exchange pending an announcement with respect to
its operations and corporate restructuring at Central Norseman Gold
Company Ltd. The Company's shares have not been suspended from
trading on AIM.
As announced on 22 December 2011, the Company is in discussions
with a potential strategic partner looking to take an active role
in the development of Norseman Gold. The potential partner has
experience in operating at Norseman, and therefore understands the
mines, the ore bodies and their potential.
The Company anticipates making a further announcement by 1
February 2012.
* * ENDS * *
For further information visit www.norsemangoldplc.com or
contact:
David Steinepreis Norseman Gold Plc. Tel: +44 (0) 7913402727
Barry Cahill Norseman Gold Plc. Tel: +61 (0) 8 9473 2200
William Vandyk / Rod Venables Northland Capital Partners Ltd
Tel: 020 7796 8800
Guy Wilkes Ocean Equities Ltd Tel: 020 7786 4370
Susie Geliher / Hugo de Salis St Brides Media & Finance Ltd
Tel: 020 7236 1177
E-mail investors@ngold.com.au
Note to editors:
Norseman Gold plc is an AIM listed and ASX listed Australian
gold production company, which acquired the Norseman Gold Project
in May 2007, Australia's longest continually running gold
operation. The Norseman Gold Project is located in the Eastern
Goldfields of Western Australia in the highly prospective
Norseman-Wiluna greenstone belt, 725km east of Perth and 186km from
Kalgoorlie. The tenements cover a 2,360 sq km area centred on the
Norseman Township.
Gold was first found on the Norseman field in 1894 and over the
last 65 years, it has produced over 5.5 million ounces of gold. The
mine is currently producing from two high-grade narrow-vein
underground mines - the Bullen and Harlequin and developing the
North Royal Open Pit. Currently, it has a total resource inventory
of 3.4 million ounces of gold at an average grade of 4.7 g/t.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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