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Company Announcement: Drilling Approval Granted

9th January 2013

  

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Stonehenge Metals Ltd is pleased to advise that following the land access agreements secured in July 2012, it has received approval from the East District of Daejon Metropolitan City Council, Korea to create access roads for the purpose of commencing an initial 12 hole diamond drill programme at the Company’s Daejon Project. The approval from the East District now enables Stonehenge to finalise the details of the drill programme which will aim to confirm historical uranium drill results through twinning, upgrade the resource to the next category and establish a maiden vanadium resource. Chairman of Stonehenge, Richard Henning said today “There have been a number of administrative hurdles to overcome in securing this approval, however, we are pleased that we can now work on the Daejon project with the support of the local Government, and we look forward to accelerating our progress.”

Edited by Creamer Media Reporter

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