InvestorsHub Logo
Followers 71
Posts 1651
Boards Moderated 0
Alias Born 02/18/2010

Re: Biochemist2002 post# 18617

Friday, 12/31/2010 1:14:00 PM

Friday, December 31, 2010 1:14:00 PM

Post# of 75593
EMLL summary of mining/exploration events as of 12/31/2010:

The bold/underlined parts highlight the main points of interest...

El Maniel International Inc. Gears Up to Mobilize Alluvial Gold Mining Operations in West Africa; Rolls Out Mining Program Under Wholly Owned Subsidiary EMLL Mining Limited

NEW YORK, Dec. 28, 2010 (GLOBE NEWSWIRE) -- El Maniel International Inc. (Pink Sheets:EMLL) announced today that the Company has incorporated a 100% owned local subsidiary in Ghana, West Africa to consolidate all its alluvial gold mining activities in Ghana. "The primary objective of this exercise is to facilitate commencement and mobilization activities of the Plot C - 25 acre alluvial mining known as the Kumasko Project" according to El Maniel's CEO, Jamie Khoo. "EMLL Mining Limited is a company incorporated in Accra, the capital of Ghana with operations driven by skilled and experienced team in alluvial gold mining with successful project management track records."

"El Maniel is also in the advanced stages of discussion with leading financial institutions in Africa such as UniBank (Ghana) Limited to secure funding and trade facilities of US$2 million through EMLL Mining Limited in the form of letter of credit and export credit facilities," states Jamie Khoo "At this point in time, we are examining a number of very interesting offers before proceeding with a short-list of potential funding and trade financing options."

UniBank (Ghana) Limited was incorporated in December 1997 and this Ghanaian wholly owned financial institution was established to provide a broad range of banking services with a niche focus in the Small and Medium Enterprise (SME) industries. The objective of the bank is to see the growth of small and medium sized enterprises into giants that can propel the country's economy to great heights.

"Earthwork and site preparations for Kumasko Project is the first step in a program of work that has commenced and will last through to January 2011 resulting in the provision of basic infrastructure at the 25 acre alluvial gold mining site situated next to the scenic Ofin river in Bosomase - Upper Denkyira District of the Central Region of Ghana for immediate mobilization and gold production," commented Jamie Khoo. "We are quite optimistic in yielding stockpiles of alluvial gold ore from the Kumasko Project site at a recovery rate of at least 2.0 g/t," added Jamie Khoo.

El Maniel is currently focused on prospecting, developing and expanding the economic potential of world class mining claims located in Ghana, West Africa and the company is committed to shareholder's value creation by ensuring constant development of current and new resources. For further information and updates on El Maniel, stay tuned to www.elmanielinc.com

"SAFE HARBOR " STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
CONTACT: El Maniel International Inc.
+1 (917) 934 3643
info@elmaniel.com
http://www.elmanielinc.com

http://globenewswire.com/newsroom/news.html?d=209882



As I suspected, plot C would see production first. And I do believe all those re-submitted filings (November 15th, 2010) were for a reason. At this point, I suspect it has to do with EMLL seeking the $2 million in financing from UniBank (Ghana).
http://www.otcmarkets.com/stock/EMLL/financials

It looks like they still have a couple filings to update, so I'd be on the lookout for those, as well as the assay results for the on-going geological surveys for plots A and B.

In any event, the geological mapping is 100% complete for both 100 acre plots (plots A and B) per the PRs below. Now, they're doing the geological surveys on plots A and B (which per the preveious PR was 50% and 10% complete, respectively). The October 13th PR distinguishes the two processes of geological mapping and surveying. While it doesn't appear CEO Khoo was able to pull off gold production by year's end, it does appear that he's making significant headway. Check out the bold and underlined parts below and you can see the timeline a lot clearer. Essentially, they had completed the MAPPING on plot A, and were beginning the SURVEY of A concurent with the MAPPING of B. Then they announced MAPPING was complete for BOTH A and B, and updated us on the Geo SURVEY progress for both A and B. Oh, and they also mentioned the acquisition of plot C and that all permits were already in place and we're about to begin mining plot C. So, And again, I don't think they re-submitted all those financials back on November 15th for nothing.
http://www.otcmarkets.com/stock/EMLL/financials

EMLL Acquires plot C...


NEW YORK, Dec. 13, 2010 (GLOBE NEWSWIRE) -- El Maniel International Inc. (Pink Sheets:EMLL) announces the update of its corporate website www.elmanielinc.com "This current online update includes the cadastral map of our new 25 acres alluvial gold mining claim known as Plot C or the Kumasko Project which is neighbor to large scale miners listed on stock exchanges like ASX and TSX" states Jamie Khoo, President and CEO of El Maniel "We are very optimistic on the Kumasko Project as it is located near and bordered to the proven gold belt of the Ashanti Region by the Ofin River".

A cadastral map is a map that shows the boundaries and ownership of land parcels. Some cadastral maps show additional details, such as survey district names, unique identifying numbers for parcels, certificate of title numbers, positions of existing structures, section or lot numbers and their respective areas, adjoining and adjacent street names, selected boundary dimensions and references to prior maps.

"More than 1.45 million ounces of alluvial gold was historically recovered from the well known Ofin river and alluvial gold prospecting of this 25 acres area will be aided by river access" according to Jamie Khoo "We also have excellent access to port and road infrastructures from the mining site".

El Maniel is currently focused on exploring, developing, prospecting and expanding the economic potential of world class mining claims located in Ghana, West Africa and the company is committed to shareholder's value creation by ensuring constant development of current and new resources. For further information and updates on El Maniel, stay tuned to www.elmanielinc.com

http://globenewswire.com/newsroom/news.html?d=208998



NEW YORK, Dec. 2, 2010 (GLOBE NEWSWIRE) -- El Maniel International Inc. (Pink Sheets:EMLL) announces that on December 1, 2010, the Company acquired 95% interest in the 25 acres of gold mining claim (or better known as "Plot C") located in the Upper Denkyira District, Bosomase, Ghana, West Africa from Kumasko Mining Enterprise ("Kumasko Enterprise"), a company incorporated in Ghana. "This is the Gold Mining Claim in question with all the necessary permitting for immediate mobilization works and with Plot C in place, we can expect rapid acceleration of our mining program in Ghana" according to the CEO of El Maniel, Jamie Khoo. "This property is rectangular shaped and has proven alluvial gold mineralization being situated in the vicinity of Ghana's popular "Golden Triangle".

About Plot C – 25 Acres Mining Claim in Ghana
Mining Claim: Alluvial Gold Mining Claim known as "Plot C"
Location: Upper Denkyira District, Bosomase, Central Region, Ghana, West Africa
Land Area: 25 Acres
Coordinates:
North of Latitudes 5º55'26'' and 5º55'24'' and to the South of Latitudes 5º55'41'' and 5º55'40'';
East of Longitudes -1º34'14'' and -1º34'10'' and to the West of Longitudes -1º34'04'' and -1º34'07''
Access: Prospecting in this area will be aided by a river access and by national access roads.
Weather:Favourable all year round weather conditions

http://globenewswire.com/newsroom/news.html?d=208211



NEW YORK, Nov. 23, 2010 (GLOBE NEWSWIRE) -- El Maniel International Inc. (Pink Sheets:EMLL) ("El Maniel" or "the Company") is pleased to announce the progress of on-going geological survey activities on its 200 acres of alluvial gold mining concession in Ghana, West Africa, whereby the geological survey of the first 100 acres, or better known as "Plot A", and the second 100 acres ("Plot B") are 50% and 10% completed, respectively...

"Apart from these 200 acres, El Maniel is quite optimistic in accelerating the initiation of mining activities and production of another 25 acres ("Plot C") of alluvial gold mining concession located at Bosomase, with permitting in place for mobilization works, and the Company will be considering the options of inviting tenders from mining services companies for contract mining on this gold field," according to Jamie Khoo...
http://globenewswire.com/newsroom/news.html?d=207644




NEW YORK, Nov. 9, 2010 (GLOBE NEWSWIRE) -- El Maniel International Inc (Pink Sheets:EMLL) announces completion of geological mapping on the additional 100 acres [plot B] alluvial gold mining concession in the South-Western Region of Ghana, West Africa. "During this additional 100 acres geological mapping and also the on-going geological survey of the first 100 acres [plot A], we gained significant knowledge of our property located in Ghana's Golden Triangle, an area in the South-Western Region of Ghana and we are very excited about the progress" according to CEO of El Maniel, Jamie Khoo
http://globenewswire.com/newsroom/news.html?d=206516



NEW YORK, Oct. 13, 2010 (GLOBE NEWSWIRE) -- El Maniel International, Inc. (Pink Sheets:EMLL) announces completion of geological mapping on the first 100 acres [plot A] it started just weeks ago in the alluvial gold mining initiative located in Ghana, West Africa.

CEO of El Maniel International, Inc. Jamie Khoo proudly comments that, "This benchmark crystalizes the gold mining initiative of El Maniel in the African continent and immediately allows the company to expedite the geological mapping on an additional 100 acres [plot B] of alluvial gold mining concession land on the Ghana plot as results have been promisingly optimal thus far."

"Geological mapping is a special purpose overview created to show subsurface geological features which provides a plan view of a specific area," states Jamie Khoo. "They are usually produced by a combination of aerial surveys and on location mapping to produce an optimal overview for a survey. El Maniel, satisfied with the geological mapping on the initial plot [plot A], is preparing to move into geological survey [on this plot A]concurrent with the geological mapping on the additional acres [plot B]."

Specifically, a geological survey employs techniques including machine driven boreholes to extract samples for lab analysis which allows El Maniel to determine actual gold reserves and facilitate planning towards commercial production. According to Jamie Khoo, "As gold prices continue to chart record high levels, profit margins for these tangible assets are expected to increase accordingly and El Maniel will be stepping on the gas to bring gold to the market by end of Q4." Forthcoming updates will be available online via www.elmanielinc.com
http://globenewswire.com/newsroom/news.html?d=203640



Good luck to all EMLL investors,
~Biochemist2002