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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (28364)	11/3/2008 10:03:52 PM
From: LoneClone	Read Replies (1) \| Respond to of 193446

Petaquilla Minerals Ltd. to Begin Gold Production-Revised Mon Nov 3, 5:07 PM ca.news.finance.yahoo.com VANCOUVER, BRITISH COLUMBIA -- Petaquilla Minerals Ltd. (the "Company") (TSX: PTQ.TO)(OTCBB: PTQMF.OB)(FRANFURT: P7Z) released news this morning providing details of the progress made at its 100% owned Molejon gold mine in central Panama. As mentioned, the Company is in the final stages of completing its Molejon gold production facility and has scheduled its first test production for the latter part of December 2008. With respect to the production estimates provided for the first twelve months of production, the Company would like to remind readers that the projections are based on information currently available to the Company. However, the Company does not have a feasibility study and there is no assurance that these projections will be realized. No representation or prediction is intended nor should be implied regarding the economic viability of the Molejon Project based on presently published results. About Petaquilla Minerals Ltd. - Petaquilla Minerals Ltd. is an emerging gold producer scheduled to bring its 100%-owned Molejon Gold Project into production in 2008. Anticipated throughput for the project during the first year of production will be 2200 tonnes of ore per day with an estimated gold production of 100,000 ounces. The plant utilizes three ball mills and a carbon-in-pulp processing facility. On behalf of the Board of Directors of PETAQUILLA MINERALS LTD. Richard Fifer, President and Chief Executive Officer No stock exchange has approved or disapproved the information contained herein. Contacts: Petaquilla Minerals Ltd. Richard Fifer President and Chief Executive Officer (604) 694-0021 or Toll Free: 1-877-694-0021 (604) 694-0063 (FAX) Website: www.petaquilla.com SOURCE: Petaquilla Minerals Ltd. petaquilla.com