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New upgrade from Centamin

Companies: CEY   
20/12/2007

Gold group Centamin Egypt has increased resources at its Sukari project to 11.16 million oz.

The AIM-quoted company says latest assay results show a 620,000 oz rise in measured and indicated resources at Sukari to 7.46 million oz and a 40,000 oz increase in the inferred resource to 3.7 million oz. Recommended by Growth Company Investor at 10.25p in mid 2004, Centamin shares hit 69p last month and now stand at 34p, up 0.25p this morning, where they could still outperform several sector peers.

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