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CHAIRMAN'S OUTLOOK |
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GENERAL ANNOUNCEMENT TO NSX TODAY The Directors of Mount Rommel Mining Ltd ( MMT – NSXA code) can announce that on Thursday, 12 November 2009, the Company obtained formal confirmation from the Department of Primary Industries regarding its application for renewal of Exploration Licence 3821, made to cover those sections of the historic Madame Berry Goldfield, Allendale, considered most prospective for gold exploration today. The grant of renewal comes at a time of rising world-wide interest in gold. The renewed licence area extends over 12 square kms, that area including the zone of anomalous mineralogy outlined in percussion drilling by the former Aberfoyle Resources Ltd. some years ago, and not followed up at that time of low gold prices (1996/7). The accompanying drawing shows the part of the Allendale goldfield selected for the renewal application. Members of the Company will be pleased to note that the term of this renewal extends to expire 26 February, 2012. The Company, with this new authorisation, has the tenure on which re-launch an already advanced exploration program, at the time of its choosing. Fred Hunt Previous Chairman's Outlooks |
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