Replies to post #8326 on El Maniel International Inc (EMLL)

[Gold_Dust]

El Maniel International, Inc. Goes for the Gold in Ghana With Exploration Launch


EMLL Initiates Sampling, Mapping on First 100 Acres of West Africa Plot
NEW YORK, Sep 20, 2010 (GlobeNewswire via COMTEX) -- El Maniel International Inc. (Pink Sheets:EMLL) announces that it has begun proceedings on a survey program for 100 acres of its Alluvial Gold Mining project in Ghana, West Africa, which was announced about a month ago. The Exploration initiative includes active stream sediment sampling and geological mapping. According to CEO, Jamie Khoo, "This is tremendous progress for El Maniel in West Africa and we are expecting expedited progress as we move forward on a lucrative venture for the company."
Gold production in Ghana grew 12 percent in 2009 and gold remains the predominantly produced mineral in the country apart from other minerals on large scale mining such as diamonds, bauxite, manganese and salt. Ghana's mines produced 2.9 million ounces, compared with 2.6 million a year earlier, according to data from the Ghana Chamber of Mines handed to Bloomberg in April 2010. Revenue rose to $2.8 billion from $2.2 billion. In addition, Ghana, a former British Colony which celebrated its independence in 1957, is a politically stable business environment with favorable mining laws aligned with a proven supply as one of the largest areas of Gold deposits in all of Africa.

Gold mining positions in Ghana tend to provide a higher level of income for workers than any other form of mining and El Maniel has set forth motions to ensure that good job opportunities will be created for the locals in harmony with the company's socio-economic objectives. "We expect a good and promising success here with additional opportunities thereafter," added Jamie Khoo.

El Maniel will follow-up these first steps with an additional 100 acres for Exploration in the next week, to be announced via press release. "These activities are crucial to determining the full potential success for the project, which we are confident will be overall attractive for El Maniel," states Jamie Khoo. "This sets us on-schedule for mining operations to begin by the end of Q4 2010."