🕐10.05.12 - 09:54 Uhr
CITIGOLD LICENSE GRANTED
Citigold Corporation Limited | Growth Built On Gold | citigold.com ( http://www.citigold.com ) | ASX Share Price (
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Announcement: 08-05-2012
Citigold License Granted
Citigold Corporation Limited (Citigold) (ASX:CTO, FSE:CHP) today announced a new large 1,724 hectare (17.24 square kilometres) Mineral Development
Licence MDL 252 (MDL) has been granted to the Company by the Minister for Natural Resources and Mines for the State of Queensland.
This large MDL, granted under the Queensland Mineral Resources Act, covers the immediately north section of the Central mining area at Charters Towers
and has an east-west length of over 8 kilometres
The grant of this MDL means that essentially all of the Company’s Mineral Resources and Ore Reserves are now held under granted Mining Leases and
Mineral Development Licences.
It has taken many years to gradually progress towards the remainder of the Mineral Resource moving out of Exploration
Permit into the higher level of tenure.
This further consolidates and improves the overall quality of the Company’s mining titles held at Charters
Towers.
For further information please click here ( http://www.citigold.com/downloads/doc_download/390-citigold-license-granted ) or visit Citigold’s
website at www.citigold.com ( http://www.citigold.com/ )
Citigold Corporation Limited
Level 13, 500 Queen Street
Brisbane, QLD, 4000 Australia
Tel: +61 (0) 7 3834 0000
Email: ( mailto: )
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