Central Asian Minerals and Resources PLC

January 18, 2012 03:51 ET

Licence Acquisition

                                                                                            18 January 2012

                                 CENTRAL ASIAN MINERALS AND RESOURCES PLC
                                        ("CAMAR" or the "Company")
                                            Licence Acquisition

CAMAR (PLUS:CMRP), the gold production and exploration company focused in Tajikistan, announces that is has
been  granted the exploration licence for the Stepnoye prospect.  The licence area lies 5 km  west  of  the
Company's  open-pit  Burgunda  deposit, with historic Soviet data to be interpreted  and  analysed  by  the
David  Russell,  Director of CAMAR, said "We look forward to announcing further internal  analysis  of  the
existing data in the near future."

Central Asian Minerals and Resources PLC                                01624 679 000
Oliver Vaughn/Christine Melian
St Helens Capital Partners LLP                                          020 7368 6959
Mark Anwy/Duncan Vasey
Threadneedle Communications                                             020 7653 9850
Laurence Read/Richard Gotla

The Directors are responsible for the contents of this announcement.


CAMAR  is  currently  operating  at five licence areas in Tajikistan with  further  applications  currently
pending  at  1  highly prospective area.  The primary producing mill at Kansai  is being fed ore  from  the
Aprelevka, Ikkijelon, Kizil Cheku and Burgunda pits, with the latter also supplying the Burgunda  heapleach
pad.   The company is currently producing 1,000oz of gold per month with the aim of doubling to 2,000oz  by
optimising  the  mill operations with the mid-term intention of proving up a delineated  JORC  Resource  to
internationally recognised standards.

Contact Information

  • Central Asian Minerals and Resources PLC