Announcement
Whitehorse, YT - 16 July 2008 � The Board of European Goldfields Limited (TSX / AIM: EGU) has noted the recent significant fall in its share price. European Goldfields continues to make substantial progress on all of its assets and is looking forward to announcing its second quarter results on 14 August 2008. The Directors know of no reason for the share price decline.
About European Goldfields
European Goldfields is a resource company involved in the acquisition, exploration and development of mineral properties in Greece, Romania and South-East Europe.
Greece � European Goldfields holds a 95% interest in Hellas Gold S.A. Hellas Gold owns three major gold and base metal deposits in Northern Greece. The deposits are the polymetallic projects of Stratoni, the Olympias project which contains gold, zinc, lead and silver, and the Skouries copper/gold porphyry project. Hellas Gold commenced production at Stratoni in September 2005 and commenced selling an existing stockpile of gold concentrates from Olympias in July 2006. Hellas Gold is applying for permits to develop the Skouries and Olympias projects.
Romania � European Goldfields owns 80% of the Certej gold/silver project in Romania. European Goldfields submitted in March 2007 a techni cal feasibility study to the Romanian government, in support of a permit application to develop the project. In March 2008, European Goldfields submitted the Environmental Impact Study to the Romanian environmental authorities to start the assessment of the environmental impact of the Certej Project.
For further information please contact:
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European Goldfields
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PRODUCTEUR |
CODE : EGU.L |
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European Goldfields est une société de production minière d'or basée au Royaume-Uni. European Goldfields est productrice d'or, d'argent, de plomb et de zinc en Grece, en développement de projets d'argent, de cuivre et d'or en Grece et en Roumanie, et détient divers projets d'exploration en Roumanie. Son principal projet en production est STRATONI en Grece et ses principaux projets en développement sont SKOURIES et OLYMPIAS en Grece et CERTEJ en Roumanie. European Goldfields est cotée au Canada, au Royaume-Uni, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 147,8 milliards GBX (232,7 milliards US$, 174,0 milliards €). La valeur de son action a atteint son plus bas niveau récent le 05 décembre 2008 à 100,00 GBX, et son plus haut niveau récent le 28 janvier 2011 à 990,40 GBX. European Goldfields possède 183 932 000 actions en circulation. |