NEW YORK, July 12, 2011 (GLOBE NEWSWIRE) -- El Maniel International, Inc (Pink Sheets:EMLL) announced today that a webcast covering the CEO's recent trip to China has been released via the Company's corporate website www.elmaniel.com "This webcast covers our visit to one of the biggest and well established exporters and manufacturers of mining equipments in China located in the Jiangxi Province and we consider the trip very successful as we were introduced to new mining technologies that has the capabilities to significantly reduce throughput time as well as achieving higher rates of production output" according to Jamie Khoo, the Chief Executive Officer of El Maniel International Inc "We are very excited with the opportunity to implement this innovative mining technology that promises efficiency without compromising on other criterias of selection such as durability nor pricing as we had been offered very attractive and competitive packages with logistic solutions right up to our specified destination ports. Our immediate plans will take into consideration the addition of alluvial gold mining equipments as mentioned in our webcast to our current and new operations".
"We are still optimistic that the gold price will hit record high of $1,600 per Oz very soon as mentioned previously and we will continue our efforts to aggressively increase the value of the company as well as shareholder's value by exploring new horizons for our gold business domain which includes newly identified gold fields in Papua New Guinea, a country in the region of Australasia which is well known for its world class gold deposits" added Jamie Khoo "Papua New Guinea is located on the eastern half of the island of New Guinea and is 160 kilometers north of Australia which is south of the equator. More visual updates can be expected in our next forthcoming webcast on our recent visit to Papua New Guinea". Stay tuned to www.elmaniel.com
El Maniel International Inc is a publicly traded company currently focusing in the gold business domain including but not limited to trading, prospecting, developing and expanding the economic potential of world class mining claims located in Ghana, West Africa and the company is committed in creating shareholder's value by ensuring constant development of current and new resources in the region.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.