IVK Investika Di

RNS Number:9810O
Investika Ltd
28 February 2008

                                 INVESTIKA LTD

                                ("the Company")



                             Chilean Copper Project





Investika Ltd (ASX/AIM:  IVK) is pleased to advise that Jose Ricardo Garcia has
been appointed Project Manager for Investika's Puquios copper project in Chile.



Jose is a metallurgical engineer with 25 years experience in the Chilean copper
mining and processing industry.  In particular, he was the plant manager for
Compania Minera Carmen de Andacollo  with responsibility for construction,
commissioning and operation of the 22,000  tonne per year of copper  Andacollo
operation.   The Puquios project is in many operational aspects expected in be
very similar to Andacollo.



"The appointment of an experienced mining professional like Jose Garcia
highlights the calibre of the Puquios project and its ability to attract high
quality personnel during a period of extremely strong demand for quality mining
management" said Investika's CEO Chris Kyriakou. " Jose will be an integral part
of our development team as we continue through the process of project design,
financing and implementation".



The Puquios project is located 130km north of La Serena, in Chile's IV region.
Investika is currently on schedule to complete a Bankable Feasibility Study in
August 2008 for the 15,000 tonne per year copper cathode project.  Following
financing, construction could then start at the end of 2008 with first copper
scheduled to be produced in early 2010.



Puquios was formerly known Las Pascaulas and  recently re-named to avoid ongoing
confusion with Barrick Gold's Pascua Lama project.



Endeavour Financial International Corporation has been appointed Investika's
financial advisor and is assisting the Company in obtaining project funding for
the Puquios project.



Enquiries to:



Chrisilios Kyriakou, Chief Executive Officer

Investika Ltd

Telephone: 020 7514 1480



James Joyce/ Sarang Shah

WH Ireland Limited

Telephone: 020 7220 1666




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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