Third Quarter 2005
Posted on 30/09/2005
Highlights:
Australia
WESTERN AUSTRALIA - TELFER GOLD PROJECT
Results from deep diamond core drilling conducted by Barrick Gold of Australia Limited, are now subject to review to determine the future direction of the project.
Africa
NAMIBIA - TSUMKWE DIAMOND PROJECT
Very fresh kimberlitic garnets were recovered from follow up percussion drilling conducted over areas which previously yielded high kimberlitic garnet counts in the western portion of the tenements.
BOTSWANA – KIHABE BASE METALS PROJECT
A scoping study commissioned to assess the economic viability of the Kihabe silver, lead, zinc zone of mineralisation shows that the project has the potential to generate significant cash flows. Further infill drilling will be conducted.
