El Maniel International Inc (EMLL:OTC) announced today that the Company has released its consolidated financial results for the fiscal quarter ended June 30, 2011 and during this quarter, the Company achieved consolidated net revenues of $185,000 "We are very excited in this important milestone of becoming a revenue generating company and this result exemplifies the growing success of the business model that the management of El Maniel has implemented by focusing in the development of current and new resources in the gold business domain" according to Jamie Khoo, CEO of El Maniel International.
"We expect to achieve higher top-line growth under our global gold business domain through recurring and new revenue streams in the next quarter which we believe will eventually lead to bottom-line profits" added Jamie Khoo. Stay tuned to www.elmaniel.com for more updates.
El Maniel International Inc is a publicly traded company currently focusing in the gold business domain including but not limited to trading, prospecting, developing and expanding the economic potential of its world class mining claims and the company is committed in creating shareholder's value by ensuring constant development of current and new resources in its global gold business domain. For further information, visit www.elmaniel.comPosts: 195 | From: Florida | Registered: Feb 2010
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$EMLL!!! .0009x.001 Has been a steady gainer as of late!!!
El Maniel International Inc is currently focused in its West African ventures...
El Maniel International Inc, is currently focusing in world-class exploration, development and prospecting of alluvial gold mining claims and 90% of the Company's future revenue income stream is expected to come from its gold field productions. El Maniel's experienced management is production oriented and committed to deliver results in the earliest possible profitable opportunity. El Maniel currently holds more than 250 acres of alluvial gold mining claims situated at prominent locations in Ghana, West Africa where alluvial gold deposits have been mined at various sites in the vicinity of our properties.
Ghana - The Gold Mining Industry: Ghana is situated in West Africa with a coastline on the Gulf of Guinea and in area it is about the size of the United Kingdom and extends between 5◦ and 11◦N. It is also bordered on the west by Ivory Coast, on the north by Burkina, and on the east by Togo. Ghana is Africa's second biggest producer of gold, and hosts more estimated reserves than many prolific gold-producing nations. The country is well known as a mining-friendly nation with over 1000 years history of gold production and the famous mines in Ghana has been in continuous production for 110 years. Ghana's mines produced 2.9 million ounces, compared with 2.6 million a year earlier, according to data from the Ghana Chamber of Mines handed to Bloomberg in April 2010 and the country is still continuously attracting billions of foreign investment due to the long mining history, prospective minerals deposits, reasonable taxation, stable government and favorable all year round weather conditions. Furthermore, Ghana is a former British Colony which celebrated its independence in 1957 and has a politically stable business environment with favorable mining laws. Ghana's has an outstanding reputation of proven gold production and is well known for being one of the largest areas of gold deposits in all of Africa.
El Maniel - Gold Domain: El Maniel currently holds more than 250 acres of alluvial gold mining claims situated at prominent locations in the Western and Central Region of Ghana, West Africa surrounded by established miners listed in stock exchanges such Toronto Stock Exchange (TSX), Australian Stock Exchange (ASX), and Frankfurt Stock Exchange. El Maniel's projects are located in one of the most active gold exploration areas in the world.
Posts: 394 | Registered: Sep 2008
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$EMLL .0011 News El Maniel International, Inc Mobilizes Mining Project Crew for Pilot Operations in Papua New Guinea
NEW YORK, Aug 15, 2011 (GlobeNewswire via COMTEX) -- El Maniel International Inc (Pink Sheets:EMLL) announced today that the Company is sending its mining project crew to the project site in Papua New Guinea (PNG) for preliminary preparations towards the mobilization of pilot alluvial gold mining operations. "We are all set to send a team comprising of experienced engineers, geologist and equipment specialists to the project site by end of August 2011 for the initialization of preliminary site preparations such as site boundary demarcation, site clearing as well as pre-construction work where we will assess the existing terrain condition of the project site to designate a location to erect the two-channel elevated sluice-box system," according to Jamie Khoo, the Chief Executive Officer of El Maniel International, Inc. "We will also be gathering the necessary resources that we require including but not limited to heavy equipments such as bulldozers, excavators, tipper trucks and other materials such as metal, timber and concrete for the construction the two-channel elevated sluice-box system and preliminary preparations are expected to continue for 3-4 weeks for us to commence operations." "In view of soaring gold prices to records levels, we must capitalize on this opportunity to bring gold to the market as soon as possible so as to increase our overall bottom-line as well as the shareholders' value," added Jamie Khoo. More information and updates will be made available via www.elmaniel.com.
El Maniel International Inc is a publicly traded company currently focusing in the gold business domain including but not limited to trading, prospecting, developing and expanding the economic potential of its world class mining claims and the company is committed in creating shareholder's value by ensuring constant development of current and new resources in its global gold business domain. Visit us at www.elmaniel.com.Posts: 394 | Registered: Sep 2008
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