🕐05.06.12 - 02:54 Uhr

OGL RESOURCES [ASX: OGL] - MARKET UPDATE ON MINING LEASE (ML) 4712 - APPEAL





Fortbridge Media Release

OGL Resources [ASX: OGL] - Market Update on Mining Lease (ML) 4712 - Appeal

OGL Resources (ASX: OGL) has learned that an appeal has been filed by the Applicants in the Court of Appeal, Supreme Court of Queensland.

On the 4 May 2012, the Queensland Supreme Court dismissed the claim by two landowners on the renewal of the Mining Lease ML 4712 (at the Ebenezer Mine, Queensland). This claim was lodged against the Minister for Employment, Skills and Mining and was heard on 8th March 2012 (see ASX announcement Market Update on Queensland Mining Lease 4712 - Supreme Court Upheld Lease).

The Company wishes to inform shareholders that OGL has taken legal advice on this matter and will support Zedemar Holdings Pty Ltd and the Crown to defend this Court Appeal by the two applicants.

OGL Chairman Mr. Jack Tan says recommissioning the Ebenezer Mine will create jobs and economic growth within the community. In the current climate, this is a critical consideration that appears to have been overlooked by a small minority.�

Please see more in the attached announcement.

For further information, please contact:

Matthew Storey � Director, Corporate Finance
Jonathan Pearce � Associate Director, Corporate Finance
Email: or
Ph: +61 2 8238 6222

Media & Investor Relations
Fortbridge
+61 2 9003 0477
Bill Kemmery +61 400 122 449
Email:








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