Second Quarter 2007
Posted on 30/06/2007
Highlights:
Africa
BOTSWANA - KIHABE ZINC PROJECT
Initial assay results received for samples from diamond core drilling show significantly higher grades compared to those received from the RC drill samples which were used to calculate the initial Kihabe resource.
A further 243 metres of diamond core drilling completed the programme during the quarter for a cumulative total of 2035m.
Gossan float containing significant quantities of galena have been discovered some 10km south of the Kihabe resource.
Namibia - TSUMKWE BASE METALS PROJECT
During the quarter the Company continued with geochemical soil sampling in Namibia, along strike from the Kihabe Resource.
Australia
WESTERN AUSTRALIA - TELFER GOLD PROJECT
The Company is in the process of negotiating a joint venture on its Telfer tenements.
