Fourth Quarter 2007
Posted on 31/12/2007
Highlights:
Africa
BOTSWANA - KIHABE ZINC PROJECT
Drill results have confirmed the potential to extend the Kihabe resource to the west.
Drilling conducted during the quarter on sections up to 4.2 kilometres along strike to the east of the Kihabe resources has intersected similar geology with indications of mineralisation.
NAMIBIA - TSUMKWE DIAMOND & BASE METALS PROJECT
921 geochemical soil samples were collected during the quarter to test for further base metals mineralisation on the western extension of the Kihabe strike on the Namibian side of the border.
NAMIBIA - HARDAP DIAMOND PROJECT
Initial reconnaissance was conducted over the four Hardap Exclusive Prospecting Licences.
Australia
WESTERN AUSTRALIA - TELFER GOLD & BASE METALS PROJECT
The Company is still in joint venture negotiations on its Telfer Project.