NEW YORK, Dec. 2, 2010 (GLOBE NEWSWIRE) -- El Maniel International Inc. (Pink Sheets:EMLL) announces that on December 1, 2010, the Company acquired 95% interest in the 25 acres of gold mining claim (or better known as "Plot C") located in the Upper Denkyira District, Bosomase, Ghana, West Africa from Kumasko Mining Enterprise ("Kumasko Enterprise"), a company incorporated in Ghana. "This is the Gold Mining Claim in question with all the necessary permitting for immediate mobilization works and with Plot C in place, we can expect rapid acceleration of our mining program in Ghana" according to the CEO of El Maniel, Jamie Khoo. "This property is rectangular shaped and has proven alluvial gold mineralization being situated in the vicinity of Ghana's popular "Golden Triangle".
About Plot C – 25 Acres Mining Claim in Ghana
| Mining Claim | : | Alluvial Gold Mining Claim known as "Plot C" |
| Location | : | Upper Denkyira District, Bosomase, Central Region, Ghana, West Africa |
| Land Area | : | 25 Acres |
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Coordinates |
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North of Latitudes 5º55'26'' and 5º55'24'' and to the South of Latitudes 5º55'41'' and 5º55'40''; East of Longitudes -1º34'14'' and -1º34'10'' and to the West of Longitudes -1º34'04'' and -1º34'07'' |
| Access | : | Prospecting in this area will be aided by a river access and by national access roads. |
| Weather | : | Favourable all year round weather conditions |
About Ghana
Ghana is Africa's second biggest producer of gold, and hosts more estimated reserves than many prolific gold-producing nations. The country is situated in West Africa with a coastline on the Gulf of Guinea and in area it is about the size of the United Kingdom and extends between 5° and 11°N. It is also bordered on the west by Ivory Coast, on the north by Burkina, and on the east by Togo.
About El Maniel International Inc
El Maniel is focused on exploring, developing and expanding the economic potential of mining properties located in Ghana, West Africa. The company is led by a highly skilled management team and board of directors with decades of successful project development and project financing. The company is committed to shareholder's value creation by constant development of current and new properties that has the potential to increase El Maniel's resource base. For further information of the Company and its projects, visit www.elmanielinc.com
"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.