NewsSIMBERI MINING CORP
Simberi Announces Results of the Aboriginal Survey in South Australia
9/12/2007
TORONTO, ONTARIO, Sep 12, 2007 (MARKET WIRE via COMTEX News Network) --
Simberi Mining Corporation ("Simberi"), (TSX VENTURE: SAU) announces today that it has received the initial results of the Aboriginal Work Clearance Survey ("Survey") on the Lambina Property (EL 3566) in South Australia.
The Survey was carried out by approved consultants and representatives for the local Native Title Holders in accordance with the regulations. The report concluded "Drill sites 6, 7 and 8 occur within areas of cultural sensitivity and were not cleared for drilling. The remaining drill sites were found to be outside any areas of cultural significance and were cleared for drilling."
Simberi had set out a total of 10 possible drill sites for clearance and can proceed except for the three that are considered to be within areas of cultural significance. The Company will initiate discussions with local native groups to create an acceptable plan for drilling at the one site that is of cultural sensitivity. The remaining sites are secondary and will not be drilled during this phase of the program.
Simberi is now seeking proposals for drill contactors for a drill program at those sites that have been cleared. It is anticipated that drilling will be started in late September or early October.
About Simberi:
Simberi is a junior resource company focused on the exploration and acquisition of developed low cost precious and base metal projects internationally. The company's main exploration project is the Kakanda Project copper/cobalt project in that Democratic Republic of the Congo. On site exploration of this project is being managed by Amari Holdings Simberi's joint venture partner. Simberi is also involved in several joint venture projects in Australia primarily in the G-2 corridor that is the host for the Olympic Dam type copper/uranium/gold deposits.
This press release includes certain "Forward-Looking Statements" within the meaning of the US Private Securities Reform Act of 1995. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". All dollar amounts are Canadian dollars unless otherwise noted.
Neither the TSX Venture Exchange, nor any other securities regulatory authority has approved or disapproved of the contents of this news release.
Contacts: Simberi Mining Corporation Mike Newbury President and CEO (416) 603-7200 (416) 603-9200 (FAX) Email: info@simberimining.com Website: www.simberimining.com
SOURCE: Simberi Mining Corporation
mailto:info@simberimining.com https://www.simberimining.com
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