Archive for September, 2011

Paseo Andaluz, already built in the township of San Antonio, one of the tourists landmarks of Penonome, province of Cocle, and Paseo de Los Angeles, that will be built soon, in the future will become the path or ways that will take locals, national and international tourists to the mystical Angostura, a place of great beauty, named by the regions Municipality as a tourism attraction zone.

Angostura is a natural landscape created by the work of nature at that point the Zarati rivers shrinks and its flow is turned into cascades at times, passes swiftly between a couple of stone mountains that form a small canyon, as a few Panamanian composers have described.

At the Angostura of Penonome, Castilla del Oro Foundation, led by entrepreneur Richard Fifer-Carles, plans to develop another interesting tourism Project that will provide total change to this region. In this area they will build gardens, they’ll have an area to show horses in their Spanish style stables, among other tourism attractions.

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Homage to the Duke of Veragua

The tour followed by the International President of the Castilla Del Oro Foundation. The Duke of Veragua, Cristobal Colon de Carvajal was surrounded by pleasant moments characterized by the recognitions granted to him by the Panamanian authorities in the city of Colon.

The Colon de Carvajal, who agreed to lead this Foundation at the request of Eng. Richard Fifer Carles, arrived to Panama accompanied by the President of the Castilla del Oro Foundation in Panama, Pascual Montañes Duato; and the General Director of the Public Companies of the Autonomous Region of Extremadura in Spain, Jaime Ruiz Peña who was awarded the keys to the city of colon.

During the recognition event also participated provincial authorities, including Regional Directors, Representatives, Mayors, Deputies,  Governors, Representatives of the Colon Free Zone, the Chamber of Commerce in Colon, the Minister of Government, the Minister of Tourism and the National Institute of Culture.

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Petaquilla Minerals Ltd. (TSX:PTQ)(OTCBB:PTQMF)(FRANKFURT:P7Z)(the “Company”) is pleased to announce that its wholly-owned subsidiary, Petaquilla Gold, S.A., a signatory of the International Cyanide Management Code (the “Code”), has been audited by a lead auditor and a technical expert as part of the final process to become certified by the International Cyanide Management Institute (“ICMI”).

Companies that are signatories to the Code must have their operations audited by an independent third party to demonstrate their compliance with the Code. In this regard, Petaquilla Gold, S.A., once certified by the ICMI, will join only 14 other gold mining companies worldwide possessing this certification.

Within the next two months the technical expert will conclude a final review of the Company’s Molejon Gold Project to confirm compliance with minor recommendations prior to submitting the final report to ICMI for issuance of the official certification.

The ICMI was established to administer the Code, to promote the Code’s adoption and implementation, to evaluate its implementation, to manage the certification process and to make information on safe cyanide management practices widely available.

The Code is a voluntary industry program covering the manufacture, transport and use of cyanide in the gold mining industry. The Company supports the promotion of responsible management of cyanide used in gold mining for the purpose of enhancing the protection of human health and reducing the potential of environmental impacts.

About Petaquilla Minerals Ltd. Petaquilla is a growing, diversified gold producer committed to maximizing shareholder value through a strategy of efficient production, targeted exploration and select acquisitions. The Company operates a surface gold processing plant at its Molejon Gold Project, located in the south central area of its 100% owned 842 square kilometre concession lands in Panama – a region known historically for gold content. In addition, the Company has acquired 100% of the Lomero-Poyatos project located in the northeast part of the Spanish/Portuguese (Iberian) Pyrite Belt and several other exploration licenses in Iberia.

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