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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?

To: Letmebe Frank who wrote (6937)	8/8/2002 12:15:35 PM
From: Gord Bolton	Read Replies (2) \| Respond to of 7235

SouthernEra Joint Venture Awarded New Platinum Properties in South Africa Shares Issued and Outstanding: 51,580,800 TSX: SUF TORONTO, Aug. 8 /CNW/ - SouthernEra Resources Limited is pleased to announce that the South African government's Department of Minerals and Energy has awarded three new platinum properties in the vicinity of the Messina Platinum Mine to the Company and its 50 percent joint venture partner Mvelaphanda Resources. Mvelaphanda Resources is South Africa's leading black- controlled platinum mining company and, like SouthernEra's 70.4 percent controlled subsidiary Messina Limited, is listed on the Johannesburg Stock Exchange. The three properties awarded to the SouthernEra joint venture are Rooibokbult 121 KS, Turfpan 122 KS and Dwaalkop 455 KS. These properties are located in the area between Messina's current Phase 1 (Voorspoed Section) and Phase 2 (Doornvlei Section). It is anticipated that a prospecting contract will be concluded between the South African government and the joint venture in the near future, following which a prospecting permit will be issued. Commenting on the awarding of these new platinum properties, SouthernEra's President and CEO, Patrick Evans, said: "We are very pleased that our application for these new properties has been successful. The joint venture expects to be able to commence a prospecting program over the new properties as soon as the necessary permits have been issued. These properties have the potential to add significantly to the current known resources at Messina Platinum." The SouthernEra joint venture had also applied for the property to the east of Messina's current Phase 2 (Doornvlei Section), known as Mphahlele Location. However this property has been awarded to a third party. SouthernEra Resources is a fully integrated international mining company, which generates projects offering exceptional rates of return. The Company's focus is on platinum group metals and diamonds. Its operations in South Africa include the 70.4 percent owned Messina Platinum Mine and the 50 percent owned Klipspringer Diamond Mine. -30- For further information: PLEASE CONTACT: SouthernEra Resources Limited, Patrick C. Evans, President and CEO; or Dr. Sally Eyre, Vice President Corporate Affairs, Telephone: (416) 359-9282, Fax: (416) 359-9141, e-mail: inbox@southernera.com newswire.ca