🕐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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