Citadel Resource Group Limited

Citadel Resource Group Limited (ASX:CGG) Quarterly Report For The Period Ending 30 September 2009. Cash at the end of the quarter was A$38.7m. Expenditure for the quarter on project exploration, development and evaluation activities totalled A$10.8m.

Citadel Resource Group Limited (ASX:CGG) is pleased to announce the appointment of SNC-Lavalin (TSE:SNC) as the Engineering, Procurement and Construction Manager (EPCM) for the Jabal Sayid Project in Saudi Arabia. SNC-Lavalin is one of the leading engineering and construction groups in the world.

Citadel Resource Group Limited (ASX:CGG) has initiated a share sale facility designed to allow shareholders with less than 1250 shares to sell their shares cost effectively and simply to assist the Company in reducing in reducing administration costs. The Company will bear all brokerage and handling fees related to the sale of shares under this facility.

Citadel Resource Group Limited (ASX:CGG) is pleased to announce the signing of a joint mandate with Riyad Bank and WestLB AG, Sydney Branch ('WestLB') to act as joint lead advisors in relation to the arranging of the debt financing of the Jabal Sayid copper project in the Kingdom of Saudi Arabia.

Citadel Resource Group Limited (ASX:CGG) is pleased to announce it has at 5pm today entered into a A$25 million Share Subscription Agreement and copper concentrate off-take arrangements with Transamine SA ("Transamine"), a global non-ferrous trading house, for the sale of 50,000 dry metric tonnes per annum of copper concentrate from Jabal Sayid mine at market terms for 5 years from 2011.

Citadel Resource Group Limited (ASX:CGG) announce its quarterly activities report for June 2009, highlights include; A Memorandum of Understanding (MOU) was signed with the National Water Company in Riyadh on the 20th of June. This MOU is for the provision of treated waste water to the Jabal Sayid mine and concentrator. Concentrate specification and commercial information was sent to a number of commodity traders and smelters. Responses are due back in late July. Debt financing continued with expressions of interest received from local Saudi Arabian banks and international banks.

Citadel Resource Group Limited (ASX:CGG) is pleased to announce that it has received further high-grade assay results from its third RC drilling program at the Company's 100%-owned Shayban Gold Project in Saudi Arabia. Gold assay results have been received for ten reverse circulation ("RC") drill holes. The program was designed to in-fill and extends some areas identified as requiring additional information as part of the resource work the Company is undertaking.

Citadel Resource Group Limited (ASX:CGG) is pleased to announce that it has received further high-grade assay results from its third RC drilling program at the Company's 100%-owned Shayban Gold Project in Saudi Arabia. Gold assay results have been received for ten reverse circulation ("RC") drill holes. The program was designed to in-fill and extends some areas identified as requiring additional information as part of the resource work the Company is undertaking.

Citadel Resource Group Limited (ASX:CGG) is pleased to announce further developments in the Jabal Sayid Project. Citadel's Saudi Joint Venture Company, Bariq Mining Ltd, today signed a Memorandum of Understanding with the National Water Company (NWC) of Saudi Arabia for the supply of water for operations at the Jabal Sayid project.

Citadel Resource Group Limited (ASX:CGG) is pleased to announce the results of BDH4028 from its underground drilling program at 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).