GULF MANGANESE CORPORATION LIMITED - Corporate Spotlight

21 December, 2017


Gulf to undertake due diligence on high-grade Timorese manganese mine

Highlights:

• Intention to underpin high-quality ore supply for the Kupang Smelting Hub
• Gulf to perform due diligence on the mine leading to potential acquisition
• The mining concession covers 1007 hectares in North Central Timor, East Nusa Tenggara Province 

Gulf Manganese Corporation Limited (ASX: GMC) (“Gulf” or “the Company”) is pleased to advise that it has commenced due diligence on a previously operating manganese mine in Timor East Nusa Tenggara. 

The mine has a Production Operation Mining Business License issued in respect to the mining concession which comprises 1007 hectares in North Central Timor, East Nusa Tenggara Province. The concession is certified Clean & Clear, confirming that ownership and other legalities have been verified by the Government and that the production of manganese ore is approved.

Read the full 21 December 2017 ASX Announcement