Press release from CNW Group
Anglo Aluminum Announces Filing of NI 43-101 Compliant Technical Report on the Koba and Koumbia Bauxite Projects, Guinea
Thursday, December 23, 2010
Anglo Aluminum Announces Filing of NI 43-101 Compliant Technical Report on the Koba and Koumbia Bauxite Projects, Guinea17:56 EST Thursday, December 23, 2010TSX-V:ALUKAMLOOPS, BC, Dec. 22 /CNW/ - Anglo Aluminum Corp. (TSX-V:ALU) announces that it has filed with regulatory authorities an independent technical report dated December 15, 2010, on the Koba and Koumbia Bauxite Projects, located in Guinea, West Africa, prepared by Coffey Mining Limited (the "Coffey Technical Report"). Further detail with respect to the Coffey Technical Report is included in Anglo Aluminum's news release dated November 4, 2010, and the full text of the Coffey Technical Report is available for viewing under Anglo Aluminum's profile on SEDAR at www.sedar.com.Iain Macfarlane, BSc (Hons) App Geo, MAusIMM, Associate Consultant - Resources, and N. Ingvar Kirchner, BSc (Hons) Geol, MAusIMM, Manager Resource Geology, Perth, Western Australia, both with the firm of Coffey Mining Limited, West Perth, Australia, are the Qualified Persons responsible for preparation of the Coffey Technical Report. The authors have consented to the filing of the Coffey Technical Report and to the disclosure by Anglo Aluminum in its news releases with respect to the Coffey Technical Report.Anglo Aluminum has the right to earn a 100% interest in the Koba and Koumbia permits, which cover 532 square kilometres in the Télimélé and Gaoual prefectures of Guinea. These permit areas are located in the Boke Bauxite Belt, which hosts the world's largest and highest-quality bauxite deposits being mined by several of the world's major aluminum producers.On behalf of the Board of DirectorsAnglo Aluminum Corp.James T. Gillis, President & CEO This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although we believe the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of our management on the date the statements are made. Anglo Aluminum Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change, except as required by law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.For further information: on Anglo Aluminum Corp. and the Koba and Koumbia Bauxite Projects, please visit: www.angloaluminum.com.