Resumption of Website Service & Company Activity Update

Copperbelt Board is pleased to advise that Company’s Website is again in service. The Board wishes to apologize for caused inconvenience. The suspension of public releases was caused by relocation of the Website to other service provider.

 

With this announcement we would like to assure our valuable shareholders that all this time the Company continued to successfully explore the Dostyk Project in Kazakhstan.

 

The results of these works have been approved by different reports curried out by independent specialists and laboratories:

•        Company has significantly increased JORC-standard mineral resources and exploration potential of the project

•        Metallurgical tests have confirmed achievement of a commercial copper-gold concentrate

•        Preliminary economical evaluation of the project supposes a feasible mining of copper-gold ores.

•        The Company managed to negotiate with Kazakh Mining Authorities a further extension of the exploration term till end of 2015.    

The details of the above Company progress would be discussed in following announcements.

 

The Board wishes also to advise that in 2011 and 2012 Copperbelt, with assistance of stock exchange brokers, made a number of attempts to get Company listed on stock exchanges in Frankfurt, Stuttgart and Vienna. However due to new EU Market policy the mineral exploration assets are not more attractive for those markets. Therefore the Board is now in discussion for listing opportunities on mining specialized markets like Australia and Canada. We will keep our shareholders updated with this issue.

 

 

Dr. Waldemar Mueller

Managing Director