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Tuesday, December 15, 2009

Britannia Increases Mindale Iron Ore Area to 650 sq km

Britannia Mining (“Britannia”) is pleased to announce that it has secured a significant addition to its iron ore exploration portfolio in southern Africa after being granted a second Exclusive Prospecting Licence ("EPL") covering a total area of 630 square kilometres in the Mindale area of south Malawi, located near Blantyre. The grant of the EPL, to Britannia’s 100%-owned subsidiary, Britannia Malawi Ltd, was announced by the Minister of Energy, Mines and Natural Resources of the Republic of Malawi, giving Britannia the right to explore for iron ore, within the Mindale Project Area.
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