Harmony Receives Final Exchange Acceptance On Acquisition of the Purisima Project
HARMONY GOLD CORP.
#1780 – 355 Burrard St Vancouver, BC V6C 2G8 Tel: 604 608-6611 Fax: 604 608-6620 Trading Symbol: H
Harmony Receives Final Exchange Acceptance On Acquisition of the Purisima Project
Vancouver, BC, July 6, 2011 – Harmony Gold Corp. (the “Company”) is pleased to announce it has received final TSX Venture Exchange acceptance to the Company’s acquisition of an option to acquire up to a 70% interest in the Purisima Property from ECI Exploration and Mining Inc. The Company has also filed a NI 43-101 compliant technical report dated June 29th 2011 prepared by Owen D.W. Miller, Ph.D. and William J. Burnett on the Purisima Property on SEDAR (www.sedar.com).
Harmony entered into a formal option agreement with ECI Exploration and Mining Inc. to acquire up to a 70% interest (see news release 12-04-07) in the Purisima Property, located in the state of Nayarit, in westcentral Mexico. ECI’s Mexican subsidiary, Minera Electrum, S.A. de C.V., wholly controls the mining property, including two Exploration and Transfer Promise Agreements. The Purisima Property covers a total area of 21,515 hectares in 14 concessions, located 40 km north east from the city of Tepic, towards the SW border of the geological Province of Sierra Madre in west central Mexico.
The finder for the project West Isle Ventures Ltd. has elected to be paid its fee in cash and therefore the Company will pay $80,250 to West Isle Ventures Ltd. on closing.
HARMONY GOLD CORP.
Per: “Craig M. Engelsman”
Craig Michael Engelsman President Telephone: 604 608-6611 E-mail: [email protected]
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.