🕐21.09.11 - 01:00 Uhr

NYOTA MINERALS LIMITED ANNOUNCEMENT - COMMENCEMENT OF DEFINITIVE FEASIBILITY STUDY




20 September 2011
ANNOUNCEMENT - COMMENCEMENT OF DEFINITIVE FEASIBILITY STUDY
Highlights
The Directors of Nyota Minerals Limited ("Nyota" or "the Company") are pleased to announce the appointment of the lead engineer and other key consultants for the Definitive Feasibility Study ("DFS") for the Tulu Kapi Gold Project ("the Project") in Western Ethiopia.
SENET (Pty) Limited ("SENET") has been appointed as Lead Engineer, Golder Associates ("Golder") has been appointed to undertake the Environmental & Social Impact Assessment ("ESIA") and to design the tailings storage facility, and Wardell Armstrong International ("WAI") has been appointed to manage resource estimation and mine design/planning.


The DFS is provisionally scheduled for completion by Q3 2012and is targeting an accuracy within +/-10%.

Mine and processing plant design will be based on a standard 2 million tonne per annum ("mtpa") gold plant, a format frequently built in Africa and ideally suited to the environment anticipated in Ethiopia.
To view the full announcement, please go to:
http://www.nyotaminerals.com/files/NYO20092011DFSAppointment_1.pdf?PHPSE SSID=cce2892225c71786f40b196bc93b16af
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Tamara Nardon Office Manager - Perth
Office: +618 9324 2955 Mobile: +61 422 308 988 Fax: +618 9324 2977
Nyota Minerals Limited Suite 2, 5 Ord Street West Perth, Western Australia 6005

www.nyotaminerals.com
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