Update re JORC Compliant MRE

RNS Number : 5201Z

Sula Iron & Gold PLC

12 December 2014

 

12 December 2014

Sula Iron & Gold

("Sula" or the "Company")

UPDATE RE JORC COMPLIANT MRE

Statement embargoed for week commencing 15 December 2014

Pursuant to the Company's recently announced successful Placings, coupled with the completion of its Magnetometer Survey carried out by SEMS on BIF-2 at its 100% owned Ferensola Project, Sula Iron & Gold, the exploration and development company focused on iron ore, gold and coltan in Sierra Leone, expects to report to the market on its anticipated JORC compliant MRE during the week commencing 15 December 2014.

The Board would like to thank all shareholders for their support and patience; a further statement will be released in due course.

**ENDS**

For further information please visit www.sulaironandgold.com or contact the following:

Sula Iron & Gold plc Nick Warrell / Matt Wood		[phone]
Cairn Financial Advisers LLP (Nominated Adviser) James Caithie / Avi Robinson		[phone]
VSA Capital Limited (Broker) Bhavesh Patel / Richard Buckle		[phone]
Strand Hanson (Financial Adviser) Simon Raggett / James Harris		[phone]
Yellow Jersey PR (Financial PR) Dominic Barretto / Kelsey Traynor		[phone]

Notes:

Sula Iron & Gold plc is a multi-commodity exploration company focused in West Africa. The Company's main objective is to explore and advance its 153 sq. km Ferensola Project in Northern Sierra Leone, which is highly prospective for iron, gold and coltan.

The information in this release that relates to Exploration Results has been reviewed by Mr Andrew Dacey, Non-Executive Technical Director of Sula Iron and Gold plc. Mr Dacey is a Fellow of the Institute of Materials Minerals and Mining, a Registered Professional Geologist with the Australian Institute of Geoscientists and a Competent Person as defined in the Australasian Code for Reporting of Exploration Results and Mineral Resources and Ore Reserves.

 

END

 

 

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