Citadel Resource Group Limited

Another significant mineral resource upgrade announced today for Citadel Resource Group Limited (ASX:CGG) Jabal Sayid copper-zinc project in Saudi Arabia means the estimated resource has now more than doubled since the first resource was released.
Sydney-based Citadel - which in February last year unveiled a 61% jump in the Jabal Sayid resource inventory from 46 million tonnes to 74 million tonnes - today announced a further 22% increase to 100 million tonnes.

Citadel Resource Group Limited (ASX:CGG) is pleased to announce that it has completed an updated estimate of the mineral resources at Jabal Sayid. Jabal Sayid (50%) is the flagship project in Citadel's portfolio of Saudi Arabian gold and base metal projects.

Citadel Resource Group Limited (ASX:CGG) is pleased to announce that it has started underground diamond drilling from the decline at Jabal Sayid.

Citadel Resource Group Limited (ASX:CGG) announces the December Quarterly Report

Yesterday the Australian stock market fell sharply led by falls in Wall Street and the bleak local jobless data. Analysts expect worse to come after the ABS unemployment figure rose from 4.4% to 4.5% as the global economy further deteriorates this year. The benchmark S&P/ASX200 index fell 157.5 points, or 4.27 per cent, to 3,529.5 and the broader All Ordinaries index retreated 147.5 points, or 4.07 per cent, to 3,476.8.

Citadel Resource Group Limited (ASX:CGG) is pleased to announce that it has received further high-grade assays from its second drilling program at the Company's 100%-owned Shayban Gold Project in Saudi Arabia.

Citadel Resource Group Limited (ASX:CGG) is pleased to announce further significant results from its drilling program at Lode 2, Jabal Sayid. Jabal Sayid is the flagship project in Citadel's portfolio of Saudi Arabian gold and base metal projects. Jabal Sayid is a 50% joint venture between Citadel and Consolidated Mining Company (CMCI).

Citadel Resource Group Limited (ASX:CGG) is pleased to announce an update on the Definitive Feasibility Study (DFS) for the Jabal Sayid Copper Gold Project, which remains on schedule to be delivered in July 2009.

Citadel Resource Group Limited (ASX:CGG) is pleased to announce that it has received further high-grade assay results from the second drilling program at the Company's 100%-owned Shayban Gold Project in Saudi Arabia. Gold assay results have been received for a further 5 reverse circulation ("RC") drill holes of the continuing 40 hole drilling program.

Citadel Resource Group Limited (ASX:CGG) is pleased to announce the results of early stage leach testwork on the Jabal Shayban Gold project with Ammtec in Perth. The testwork, conducted on a composite from 11 RC drillholes, indicated gold recoveries of 92.8% increasing to 95.8% after grinding to 75 microns. The testwork is very encouraging in terms of gold recovery for either a heap leach or a conventional CIL circuit