NEW YORK, July 15, 2011 (GLOBE NEWSWIRE) -- El Maniel International Inc (Pink Sheets:EMLL) announced today that the Company is exploring alluvial gold mining opportunities in Papua New Guinea (PNG), a country in the region of Australasia and visual updates of our recent exploration visit to a promising alluvial gold mining claim via our webcast series are now available at www.elmaniel.com "During the visit, we put together a group of artisan miners at a prospective alluvial gold mining claim located in Enga Province and we were thrilled by the results from the site visit as we managed to recover and collect some samples of alluvial gold" according to Jamie Khoo, CEO of El Maniel International Inc "We are very excited about the alluvial gold mining opportunities in PNG and we gained significant knowledge of the country as well as its vastly untapped world class gold resources during our recent fact finding and exploration visit"
The Capital city of PNG is Port Moresby and is located on the Southern Coast of the mainland. PNG has a total land area of 180,000 square miles and the official language is English. The main exports of PNG are gold, petroleum, copper, palm oil, cocoa, coffee, copra, and timber logs. The main mineral deposits are gold, silver and copper but there are also other recoverable deposits of other minerals such as nickel and cobalt. "Alluvial gold occurrences in PNG are mainly found in the East Sepik Province, Enga Province, Madang Province, Eastern Highlands, and Northern Province and in 2009, the total gold production in PNG was recorded at 2.1 million ounces" added Jamie Khoo "We will continue our efforts in exploring new horizons for our gold business domain to enhance the value of our company as well as increasing shareholder's value and we will continue bringing more updates to our supportive shareholders through press releases, webcasts as well as visual updates via our corporate website – 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.