SOURCE: Siguiri Basin Mining, Inc.

May 02, 2007 10:06 ET

Siguiri Basin Mining, Inc. (Pink Sheets:SBMI) Slates Equipment for Shipping

CORAL GABLES, FL -- (MARKET WIRE) -- May 2, 2007 -- The Company (PINKSHEETS: SBMI) has made arrangements for dredging and dredging related equipment to be paid in full and slated for immediate shipment to Guinea. SBMI is preparing for launch of production Phase One whereby two dredges will be processing a combined total of sixty yards per hour on the Tinkisso River property.

ABOUT THE COMPANY

Siguiri Basin Mining, Inc. (PINKSHEETS: SBMI) is a mineral exploration and development company focused on achieving producer status. The Company's targets are precious metal properties in stable countries within opportunity rich West Africa, Central and South America with near term production capabilities. www.sbmining.com

Contact Information

  • For further information contact

    Rich Kaiser
    YES International
    1-800-631-8127
    001-757-306-6090 (outside North America)
    Email: yes@yesinternational.com