El Maniel International, Inc Announces Assay Results
New York – August 22, 2011 - El Maniel International Inc (EMLL:OTC) announces assay results of alluvial gold samples extracted from the project site situated in Enga Province, Papua New Guinea (PNG) during our recent exploration visit. “We are absolutely thrilled about the results of our sampling which exceeds our initial expectations as the assay report indicates high quality of gold with a purity of 76.97% from the first batch of alluvial gold samples” according to Jamie Khoo, CEO of El Maniel International, Inc “High quality of gold means higher revenues which translates into higher profitability and we have achieved a significant milestone with these promising results as we were successful in proving the project site as an exciting mining asset as the assay results also support our belief that this project has a gold-rich geological formation with the potential of becoming a world-class alluvial gold producing mine in the very near future”
The assay report with serial number 10943 which is currently being exhibited in our corporate website www.elmaniel.com through a webcast update was done by an ISO certified assaying office. “The assay results reinforced our decision to accelerate pilot operations as the first step in bringing gold to the market in the soonest instance in order to capitalize on the golden opportunity to increase top-line revenues as well as bottom-line profits in view of soaring gold prices to record levels which many believe will go beyond $2,000 an ounce in the near future” added Jamie Khoo “Our experienced mining crew is all set for departure to PNG to initialize the preliminary preparations and gathering of resources as we continue our focus in the market-proof gold business domain which we believe will deliver robust growth and progress along with stellar financial performance to the Company”. More information will be released to further update our valued shareholders on the progress and developments of our activities in the gold business domain. 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 its world class mining claims and the company is committed in creating shareholder's value by ensuring constant development of current and new resources in its global gold business domain. Visit us at www.elmaniel.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.
Contact:
Investor Relations
El Maniel International, Inc
(212) 726-2179
ir@elmaniel.com
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