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Mano River Resources granted mining licence in Liberia
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Wednesday, 12 Aug 2009
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Mano River Resources Inc announced that it has been granted by the government of Liberia its Class 'A' Mining licence within the Bea Mineral Development Agreement. Highlights are:

1. Class 'A' 25 year Mining Licence granted on July 29th 2009

2. Bankable feasibility study for underground mine planned for completion by the end of 2010

3. Up to 10,000 meter drilling program planned to assist feasibility study

4. Current resource of 1.4 Moz, (NI 43-101) 13.533 tonnes measured and indicated at 3.18 g/t gold with further potential

Mr Luis da Silva president & CEO of Mano said that "This represents another positive step forward towards commercial production from Liberia's first ever hard rock gold mine. The support from the Government of Liberia is evident to achieving the Company's goals and we are now in a position to undertake the confirmation drilling in advance of completing a bankable feasibility study in 2010 for an underground mine targeting 100,000 ounce per annum. We are in the process of finalizing a new geological model with a firm of independent consultants, incorporating the positive drilling results received in 2008 from below 200 meters, including 23 meters grading 4.95 g/t and 26 meters grading 5.04 g/t. In addition the Company will also be looking to further grow the resource base on the Bea MDA through advancing exploration of the satellite gold deposits at Weaju and the Silver Hills and Gondoja prospects, which lie in close proximity to the New Liberty Gold Project."

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