SOURCE: Amara Mining plc

September 17, 2013 07:00 ET

COMMENCEMENT OF TRUCKING OF MATERIAL FROM SEGA

LONDON, UNITED KINGDOM--(Marketwired - Sep 17, 2013) -


17 September 2013                                      AIM:AMA / TSX:AMZ



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

       COMMENCEMENT OF TRUCKING OF MATERIAL FROM SEGA GOLD PROJECT

Amara Mining plc, the West African focused gold mining company,is
pleased to announce that it has begun trucking material from its Sega
Gold Project ("Sega") in Burkina Faso to the neighbouring processing
plant at its Kalsaka Gold Mine ("Kalsaka").

Sega is approximately 20km from Kalsaka and was acquired by Amara from
Orezone Gold Corporation in Q2 2012. Since then, Amara has
successfully permitted the project, receiving the Mining Licence on 18
July 2013. The first material from Sega reached Kalsaka yesterday.

The average head grade of the Sega material is 2.41g/t[i], a 113%
increase on the head grade achieved from the Kalsaka ore in H1 2013
(1.13g/t)[ii]. Amara re-optimised the mine plan for Sega in Q2 2013 at
a gold price of US$1,100 per ounce in order to adopt a lower risk
approach during the current challenging market conditions. The
material trucked from Sega is expected to strengthen production and
generate robust cash flow in the near term. The re-optimised plan also
has a positive impact on cash costs.

Peter Spivey, Chief Executive Officer of Amara, commented:"With the
commencement of trucking, we are just days away from
processing the first Sega material and stacking it on the heap leach
pads at Kalsaka. We are firmly on track to deliver on our promise of
successfully integrating the two projects and this is expected to
strengthen production and reduce costs, as a result of the higher head
grade of the Sega material. Production will continue in Burkina Faso
in the near term and we remain focused on our strategy of using our
cash flow to underpin our growth assets."


For more information please contact:

Amara Mining plc                              +44 (0)20 7398 1420
John McGloin, 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


Bell Pottinger - Pelham                       +44 (0)20 7861 3232
(Financial Public Relations)
Charlie Vivian
James Macfarlane




About Amara Mining plc
Amara is a gold developer-producer with assets in West Africa. The
Company generates cash flow through its Kalsaka gold mine in Burkina
Faso, where the production profile has been enhanced by the 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 highly prospective opportunities
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, expected time for the construction of the road , the,
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.

Peter Brown is a "Qualified Person" within the definition of National
Instrument 43-101 and has verified the data disclosed in this release
and reviewed and approved the information contained within this
announcement. Dr Brown (MIMMM) is the Group Exploration Manager.


[i] See press release entitled "H1 and Q2 Results 2013", dated 10
September 2013
[ii] See press release entitled "H1 and Q2 Results 2013", dated 10
September 2013



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

END

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