Sub Nigel Obtains Temporary Mining Licence
Sub Nigel Gold Mining Company Limited
(Incorporated in the Republic of South Africa)
(Registration number 1984/006179/06)
Share code: SBN ISIN: ZAE 000006391
("Sub Nigel" or "the company")
SUB NIGEL OBTAINS TEMPORARY MINING LICENCE
Sub Nigel has applied for and been granted a temporary mining licence in terms
of section 39(4) of the Minerals Act, Act 50 of 1991, ("the Minerals Act") to
conduct a drilling programme on the northern section of the Ventersburg Project
in the Free State, South Africa. This licence was granted on 6 April 2004.
An application for the Ventersburg Project in terms of Section 9 of the Minerals
Act was submitted to the Department of Minerals and Energy ("DME") in October
2003 and an Environmental Management Programme ("EMPR") for the project was
submitted in November 2003.
The company has been informed by the DME that apart from the approval of the
EMPR there were no further outstanding issues with regards to the granting of a
permanent mining licence for the Ventersburg Project. In terms of the EMPR, the
Department of Water Affairs and Forestry ("DWAF") have requested additional
groundwater information before approving the EMPR.
The company has already been granted a permanent mining licence (ML 8/2003) for
its Spaarwater Project on the East Rand, South Africa in terms of Sections 9 and
39 of the Minerals Act.
Date: 07/04/2004 11:40:03 AM Produced by the JSE SENS Department
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