Petaquilla Minerals Ltd.
OTC Bulletin Board : PTQMF

Petaquilla Minerals Ltd.

July 16, 2009 09:01 ET

Petaquilla Provides Update on the Commissioning of the Molejon Gold Plant

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 16, 2009) - Petaquilla Minerals Ltd. (the "Company") (TSX:PTQ)(OTCBB:PTQMF)(FRANKFURT:P7Z) is pleased to announce that in the process of commissioning the Molejon Gold Plant, it has produced approximately 9,525 ounces of gold and 3,195 ounces of silver since April 7, 2009.

The Company has produced a total of 3,781 ounces of gold and 1,144 ounces of silver in the first 15 days of July and estimates production for the month of July to be approximately 6,500 ounces.

The Company is bringing its third ball mill and the full crushing plant into operation and expects commercial production to commence in August 2009.

About Petaquilla Minerals Ltd. - Petaquilla Minerals Ltd. is an emerging gold producer commissioning the operation of its gold processing plant at its 100% owned Molejon Gold Project. Anticipated throughput for the project during the first year of commercial production is estimated to be 2200 tonnes per day. The plant utilizes three ball mills and a carbon-in-pulp processing facility.

On behalf of the Board of Directors of PETAQUILLA MINERALS LTD.

Richard Fifer, President and Chief Executive Officer

No stock exchange has approved or disapproved the information contained herein.

Contact Information

  • Petaquilla Minerals Ltd.
    Richard Fifer
    President and Chief Executive Officer
    (604) 694-0021 or Toll free: 1-877-694-0021
    (604) 694-0063 (FAX)