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Gold/Mining/Energy : Manhattan Minerals (MAN.T)
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To: marcos who wrote (4446)9/20/2002 9:11:03 AM
From: George M.  Read Replies (2) of 4504
 
News

Manhattan Minerals Corp. is pleased to confirm that the Executive Board of
the Congress of Peru has approved Motion No. 2196. This motion recommends
to the Minister of Energy and Mines and the Minister of Economy and
Finance, that the Government of Peru transfer it's 25% ownership interest
in the Tambogrande project, to the region of Tambogrande and Piura, and
that the company's EIS be subject to an independent third party review.
This motion was described in our press release of September 17, 2002.

Manhattan welcomes this support, as it increases local participation and
benefits resulting from development. This will be in addition to direct
benefits that development of the Tambogrande project will provide for the
region and the country of Peru.
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