Replies to post #4210 on Besra Gold Inc (BESAF)

[starboy]

PR. 02.22.11
Olympus Signs Refining Agreement With Vietnamese Firm
22-Feb-2011

Toronto, February 22, 2011 – Olympus Pacific Minerals Inc. (TSX & ASX: OYM, OTCBB: OLYMF, and Frankfurt: OP6) (the "Company" or "Olympus").

Olympus’ CEO David Seton is pleased to announce that the Company has entered a formal agreement with a local Vietnamese firm to refine gold dore´ to 99.99% Au. Olympus’ two Vietnamese Joint Ventures expect to export their first shipments of 99.99% Au within the week. Benefits from refining in country are twofold; the value-adding process is now carried out completely in Vietnam and it allows the Company to export gold without incurring the 10% export tax.