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El Maniel International, Inc Announces Plans for Operations in Papua New Guinea
Press Release Source: El Maniel International, Inc. On Thursday July 28, 2011, 8:28 am EDT
NEW YORK, July 28, 2011 (GLOBE NEWSWIRE) -- El Maniel International Inc (Pink Sheets:EMLL.PK - News) announced today that the Company has formalized its venture on a promising alluvial mining interest of 100 acres located in Enga Province of Papua New Guinea (PNG) after a recent exploration visit to the project site "We are very excited about this new alluvial mining claim as this project is expected to generate long-term revenue and growth opportunities for the company as well as enhancing our bottom-line profits" according to Jamie Khoo, CEO of El Maniel International, Inc "We strongly believe that the occurrence of gold mineralization in this property is significant for us to commence commercial production and we are currently planning to accelerate the commissioning of alluvial mining operations from 12 months per initial schedule to 6 months in view of promising preliminary findings and we remain very excited with this new frontier"
"In view of rising gold prices and promising features of this gold asset such as high mineral reserves, we have reasons to believe that this project can become a significant revenue generating and profit centre" added Jamie Khoo. Stay tuned to www.elmaniel.com for further updates.
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