Business News of Monday, 19 January 2004

Source: --

Glencar uncovers gold at Ghana site

Mining group Glencar said today that a drilling programme at two sites in Ghana has revealed the presence of gold.

The results suggest "significant potential for economic tonnages", the company said in a statement this morning.

Glencar is planning a new drilling programme in March aimed at proving the nature and continuity of ore grade mineralisation at greater depths.