Second Quarter 2006
Posted on 30/06/2006
Highlights:
Africa
BOTSWANA – KIHABE BASE METALS PROJECT
2,334 metres of drilling were conducted during the quarter on the southwest portion of the 2.4km long Kihabe zone of mineralisation. Mineralised zones intersected in this drilling have yielded average grades of 3.17% zinc, 1.81% lead and 11.04 g/t silver, with credits for copper and vanadium.
During this coming quarter, the Company will be delineating a partial resource designed to extend over 1km of strike in the south western portion of the 2.4km long zone of mineralisation.
A new zinc/lead anomaly with a strike length of 1.1km has been generated 2.5km east northeast of the Kihabe zone of mineralisation.
NAMIBIA - TSUMKWE DIAMOND PROJECT
The Company is endeavouring to mobilise a ground gravity crew to follow up on the recovery of very fresh Kimberlitic indicator minerals.
