Positive Reports of Gold Mineralization at Concessions in Three Countries
29 August 2010

ASCOM Group announces positive preliminary reports of gold mineralization in its concessions in Ethiopia, Sudan and Algeria as it continues to expand its operations across several North African countries...

...In Algeria, APM is the largest shareholder in GMA Resources, a UK-listed gold exploration and mining company. GMA owns 52% of ENOR, an existing mining operation in Southern Algeria with excellent further exploration potential. The current focus in Algeria is on increasing production. GMA recently announced that it had re-commissioned an additional gold processing plant to treat high grade ores at its Amesmessa mine to increase gold production by 1,000 ounces per month. In the six-month period between January and June 2010, ENOR produced an average 1,971 ounces of gold per month.

"These promising results in Algeria, Ethiopia and Sudan underscore the fundamental soundness of Citadel in the coming period."...

http://www.zawya.com/story.cfm/sidZAWYA20100829081040/Positive%20Reports%20of%20Gold%20Mineralization%20at%20Concessions%20in%20Three%20Countries

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