SOURCE: Amara Mining plc

April 30, 2013 07:08 ET

Amara Mining plc: Receipt of Permits for Kalsaka/Sega Haul Road

LONDON--(Marketwired - Apr 30, 2013) -


30 April
2013
AIM:AMA / TSX:AMZ




                              Amara Mining plc
                         ("Amara" or "the Company")

               RECEIPT OF PERMITS FOR KALSAKA/SEGA HAUL ROAD

Amara Mining plc, the dual AIM and TSX-listed West African focused gold
mining company, is pleased to announce that it has received the
Environmental and Construction Permits for the haul road at its Kalsaka
/Sega gold project in Burkina Faso.

The haul road will connect the existing Kalsaka heap leach plant with
the Sega deposit, 20km to the north of Kalsaka. The construction time
is estimated at three months, allowing material from the Sega deposit
to be transported to Kalsaka from Q3 2013.

Amara expects to receive the full Environmental Permit for Sega during
Q2 2013. The final negotiations with community groups are expected to
be completed in the near-term and, following this, an agreed
environmental and social compensation report will be submitted for
approval by the Burkina Faso government. The final Mining Licence is
anticipated approximately six weeks after the Environmental Permit. It
is expected that this will enable mining to commence at Sega during Q3
2013, as Amara outlined in its full year results on 27 March 2013.


Peter Spivey, Chief Executive Officer of Amara, commented:
"The receipt of the haul road permits is another milestone on our path
to bring Sega into production. Maintaining cash flow is a key priority
for Amara and with the higher grade resources at Sega, production is
expected to continue at an increased level with lower costs at our
operations in Burkina Faso. Kalsaka/Sega continues to provide the
funding for Amara's exploration pipeline, allowing us to unlock value
without recourse to the equity markets."


For more information please contact:

Amara Mining plc                             +44 (0)20 7398 1420
John McGloin, Executive Chairman
Peter Spivey, Chief Executive Officer
Pete Gardner, Finance Director
Katharine Sutton, Head of Investor Relations



Canaccord Genuity Limited                    +44 (0)20 7523 8000
(Nominated Adviser & Broker, London)
Andrew Chubb
Joe Weaving
Tim Redfern



Pelham Bell Pottinger                        +44 (0)20 7861 3232
(Financial Public Relations)
Charlie Vivian
Lorna Spears
James MacFarlane




About Amara Mining plc

Amara (formerly Cluff Gold) is a gold developer-producer with assets in
West Africa. The Company generates significant cash flow through its
Kalsaka gold mine in Burkina Faso, where the production profile has
been enhanced by the recent acquisition of the neighbouring Sega
project. Amara remains focused on its objective of becoming a mid-tier
producer through the development of its Baomahun project in Sierra
Leone and its Yaoure project in Cote d'Ivoire. With its experience of
bringing new mines into production and a project pipeline spanning
three countries, Amara aims to further increase its production profile
with its highly prospective exploration work across all assets.


This report includes certain "forward-looking information" within the
meaning of applicable Canadian securities legislation.


All statements other than statements of historical fact included in
this report, including, without limitation, the positioning of the
Company for future success, statements regarding exploration,
production estimates and future objectives of Amara, are
forward-looking information that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important factors
that could cause actual results to differ materially from Amara's
expectations include, among others, risks related to international
operations, timing of receipt of mining licence, expected time for the
construction of the road, timing for the receipt of the environmental
permit, completion time for the negotiations with community groups,
submittal of the environmental and social compensation report, the,
expected time for the commencement of mining at Sega, changes in
project parameters as plans continue to be refined as well as the
future price of gold. Although Amara has attempted to identify
important factors that could cause actual results to differ materially,
there may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such statements
will prove to be accurate as actual results and future events could
differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
statements. Amara does not undertake to update any forward-looking
statements that are included herein, except in accordance with
applicable securities laws.



                    This information is provided by RNS
          The company news service from the London Stock Exchange

END

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