Cluff Gold PLC
AIM : CLF
TSX : CFG

Cluff Gold PLC

April 19, 2012 09:30 ET

Cluff Gold plc: Environmental Permit Received for the Baomahun Project in Sierra Leone

LONDON, UNITED KINGDOM--(Marketwire - April 19, 2012) - Cluff Gold plc (AIM:CLF)(TSX:CFG), the dual listed West African focused gold mining company, is pleased to announce that it has received an environmental permit for the Company's 100% owned Baomahun Gold Project ("Baomahun") in Sierra Leone. The receipt of this permit will enable the Company to complete the environmental impact assessment for Baomahun, one of the last outstanding parts of the feasibility study which is due for completion in H1 2012.

Peter Spivey, Chief Executive of Cluff Gold, commented:

"We are pleased to report the receipt of the environmental permit for Baomahun, and would like to express our gratitude to the Government of Sierra Leone for its continued support. This important milestone in the project's development will allow us to progress with the feasibility study, which remains on track for completion in H1 2012."

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, and is exploring the significant sulphide potential at its Yaoure project in Côte d'Ivoire. The Company remains focused on its objective of becoming a mid-tier producer through the development of its wholly-owned Baomahun project in Sierra Leone, which is expected to contribute an additional 135,000oz of gold per annum, with significant exploration potential along strike. With its experience of bringing new mines into production and a project pipeline spanning Burkina Faso, Côte d'Ivoire and Mali, the Company aims to further increase its production profile with its highly prospective exploration work across all assets. For more information, please visit www.cluffgold.com.

All statements other than statements of historical fact included in this report, including, without limitation, the completion of the feasibility study for Baomahun and future plans and objectives of Cluff Gold, 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 Cluff Gold's expectations include, among others, risks related to international operations, the actual results of current exploration and drilling activities, changes in project parameters as plans continue to be refined as well as future price of gold. Although Cluff Gold 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. Cluff Gold does not undertake to update any forward-looking statements that are included herein, except in accordance with applicable securities laws.

Peter Brown (MIMMM) is Cluff Gold's Group Exploration Manager and is a "Qualified Person" within the definition of National Instrument 43-101. Mr. Brown has verified the data disclosed in this press release, including the data underlying the information or opinions contained in this press release, and has reviewed and approved the technical information contained in this press release.

Contact Information

  • Cluff Gold plc
    John McGloin
    Executive Director
    +44 (0)20 7340 9790

    Cluff Gold plc
    Peter Spivey
    Chief Executive
    +44 (0)20 7340 9790

    Cluff Gold plc
    Pete Gardner
    Finance Director
    +44 (0)20 7340 9790

    Cluff Gold plc
    Carrie Lun
    Investor Relations Manager
    +44 (0)20 7340 9790
    www.cluffgold.com

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