Third Quarter 2006
Posted on 30/09/2006
Highlights:
Africa
BOTSWANA – KIHABE BASE METALS PROJECT
5,899 metres of RC resource infill drilling were conducted during the quarter on the 2.4km long Kihabe zone of zinc, lead, copper, silver and vanadium mineralisation.
The Company has commissioned Ravensgate, an independent firm of consultants, to compile a JORC compliant resource estimate for the project. An initial resource estimate is expected shortly.
NAMIBIA – TSUMKWE BASE METALS project
During the quarter the Company conducted ground geochemical sampling over an area adjoining the Kihabe base metals project in Botswana.
Australia
WESTERN AUSTRALIA – TELFER GOLD pROJECT
The Company is in the process of negotiating a joint venture agreement on this project.
