KEH - Keaton Energy - Delmas Project Mining Right Granted
KEH
KEH
KEH - Keaton Energy - Delmas Project Mining Right Granted
Keaton Energy Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/011090/06)
JSE share code: KEH ISIN: ZAE000117420
("Keaton Energy" or "the company")
DELMAS PROJECT MINING RIGHT GRANTED
Keaton Energy Holdings Limited is pleased to announce that the Department of
Minerals and Energy (DME) has granted its 74%-held subsidiary, Keaton Mining
(Pty) Ltd, a 20-year mining right on its Delmas Project in South Africa`s
Mpumalanga Province.
Keaton Energy recently released an updated mineable in situ coal resource
estimate for the Delmas Project of 163.4 million tonnes, inclusive of a 25.9
million tonne coal reserve.
Keaton Energy Managing Director Paul Miller said: "The granting of the mining
right is the single most important step towards bringing the mine into
production. We are grateful to the DME for its support and co-operation."
Note: the detailed May 2009 Coal Resource and Reserve Statement for both the
Delmas and Sterkfontein projects is available on Keaton Energy`s website,
www.keatonenergy.co.za.
Bryanston
17 June 2009
Sponsor
Nedbank Capital
Date: 17/06/2009 14:00:01 Produced by the JSE SENS Department.
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