Company Spin Out Update
Wednesday 8th July, 2009
During the first half of 2009 Leland has been busy compiling and reanalysing its 2008 results in preparation of the proposed "spin out" of the company's gold, base metal and uranium interests into Dhahabu Resources and Mwamba Minerals. This has included the development of separate work programmes and budgets for each company as well as the identification of ground to be "farmed out" to several parties that have expressed interest. Ron Fletcher, CEO will be overseeing the commencement of our uranium exploration programmes later in July as well as meeting several joint venture candidates in Dar es Salaam.