TIDMBRR
RNS Number : 4060Z
Braemore Resources PLC
21 September 2009
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AIM: BRR/ JSE: BRE
Braemore Resources Plc
("Braemore" or "the Company")
Leinster Tailings Competent Person's Report
Further to the posting of the circular to Braemore shareholders on 14 September
2009 regarding the offer by Jubilee Platinum plc to acquire the issued and to be
issued share capital of Braemore (the "Circular"), the Company announces that
the updated Competent Person's Report ("the CPR") on the Leinster Tailings
Mineral Resource as referred to on pages 21 and 27 of the Circular is now
available on the Company's website at www.braemoreresources.com .
The CPR will also be available for inspection at the offices of Watson, Farley &
Williams LLP, 15 Appold Street, London EC2A 2HB in the UK and at Braemore's
South African office, Block B, 1st Floor, Stoney Ridge Office Park, Cnr
Witkoppen and Waterford Roads, Kleve Hill Park, Johannesburg
Enquiries:
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| Braemore Resources Plc | |
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| Leon Coetzer, Chief Executive Officer | +27 (0)11 465 1913 |
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| WH Ireland: (Nomad and Joint Broker) | |
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| James Joyce | +44 207 220 1666 |
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| Mirabaud Securities: (Joint Broker) | |
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| Rory Scott | +44 207 878 3360 |
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| Qinisele Resources: (RSA Corporate | |
| Advisers) | |
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| Dennis Tucker | +27 82 492 4957 |
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| Russell and Associates: (RSA Public | |
| Relations) | |
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| Nicola Taylor/Charmane Russell | +27 11 880 3924 |
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| Walbrook PR: (UK Public Relations) | |
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| Louise Goodeve/Leah Kramer | +44 207 933 8780 |
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| Sasfin: (RSA Corporate Sponsor) | |
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| Sharon Owens | +27 11 809 7762 |
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Notes to Editors:
Braemore Resources offers investors an attractive opportunity to enter into the
PGMs and nickel business, initially through the mid-stream processing of these
metals and, in time, through mine-to-market production opportunities.
Braemore Resources is principally involved in evaluating, establishing and
operating independent facilities for the roasting, smelting and refining of
concentrates containing PGM and associated base metals and for the reclamation
and processing of sulphide nickel tailings. Diversified both geographically and
in terms of product, the company is located in two key mining regions - Braemore
Nickel in Western Australia and Braemore Platinum in South Africa. Braemore's
access to proprietary technology, and in particular the Mintek ConRoast
technology, which has successfully operated at test plant level, makes the
company well-positioned to become a significant player in the burgeoning South
African PGMs sector, offering a more cost-effective, environmentally friendly
and accessible smelting option to many junior mining companies. Unlike
conventional smelters, ConRoast is unaffected by the high-chrome content ores,
which are increasingly being mined.
Braemore's management team, in South Africa and Australia, bring with them
impressive credentials in their respective sectors, combined with a Board that
has experience in metals processing, financial and commodities markets.
This information is provided by RNS
The company news service from the London Stock Exchange
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