African Metals Corp. Provides Update on Activities at its Luisha South and Kalande Projects, Katanga Province, Democratic Republ
September 16 2010 - 7:56PM
Marketwired
African Metals Corporation (TSX VENTURE: AFR)(FRANKFURT: OWW)
("AFR") is pleased to provide an exploration update on its on
activities at its projects in the Democratic Republic of the Congo.
Luisha South Soil Geochemical Sampling
Basanga Consulting Sprl, geological contractors, recently
completed a regional soil sampling program on the Luisha South
Project. A total of 349 samples were collected from a grid with a
layout designed to highlight possible extensions of the Luisa South
open pit copper and cobalt mineralization (refer AFR press release
15 June 2010). The mineralization has been inferred as continuing
to the southeast towards the license boundary.
Geochemical results based on Niton analysis of the samples
collected from the program have been received. A review of the
results suggests that a strong degree of geochemical masking may be
present by deep soil and laterite cover which has been shown by
geological logging of RC chips to be greater than 12m deep in holes
collared south and southwest of the open pit.
Low order Cu anomalies have been identified in two sample lines
to the southeast of the Pit, along the expected strike extension to
mineralization. The anomalies possibly reflect shallower soil and
laterite horizon development over mineralized stratigraphy. Soil
samples collected from reconnaissance lines extended to the south
of the line of lode have highlighted a strong geochemical copper
anomaly near the break of slope of a northwest-southeast trending
ridge line. The anomalous values are consistent over 2 lines
initially covering approximately 800m of strike potential. Some of
the reconnaissance rock chip samples collected in March 2010 that
returned anomalous values are proximal to the anomalous soil
results (refer AFR press release 15 June 2010).
Basanga Consulting Sprl has commenced an infill soil sampling
program of approximately 340 samples. The program is expected to be
completed by mid-September. Results from Niton analysis of the
infill soils are expected to be released in late September.
Anomalous samples from both first pass and infill sampling programs
will be forwarded to ALS Laboratories in South Africa for
comparative check analysis.
Follow-up trenching and reconnaissance RC drilling to test the
sub-surface extent of the mineralization is planned to commence
before the onset of the wet season in November.
Kalande Project
Basanga Consulting Sprl have commenced a test pitting program at
the company's Kalande Project, located approximately 60 kilometers
NE of Lubumbashi. Results from previous regional soil sampling
highlighted large scale copper and cobalt anomalies of up to 1200 x
800 meters in dimension, overlying leached prospective Roan
Formation (refer AFR press release 22 April 2008). Some of the
anomalies are cut by a regional scale northeast trending linear
structure which may have contributed to the mineralization.
AFR will be keeping the market updated on progress as and when
results become available during this exciting phase of the
development of the company.
To view the images associated with this press release, please
visit the following link:
http://media3.marketwire.com/docs/afr916.pdf
Nigel Ferguson, AusIMM, President and CEO of the Company and a
qualified person under National Instrument 43-101, has verified
data disclosed in this release.
ON BEHALF OF THE BOARD OF DIRECTORS OF AFRICAN METALS
CORPORATION
Nigel Ferguson, President & CEO
This News Release contains forward-looking statements.
Forward-looking statements are statements which relate to future
events. These statements are only predictions and involve known and
unknown risks, uncertainties and other factors that may cause our
or our industry's actual results, levels of activity, performance
or achievements to be materially different from any future results,
levels of activity, performance or achievements expressed or
implied by these forward-looking statements. While these
forward-looking statements, and any assumptions upon which they are
based, are made in good faith and reflect our current judgment
regarding the direction of our industry, actual results will almost
always vary, sometimes materially, from any estimates, predictions,
projections, assumptions or other future performance suggested
herein. Except as required by applicable law, the Company does not
intend to update any of the forward-looking statements to conform
these statements to actual results.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this new release.
Contacts: African Metals Corporation Nigel Ferguson President
& CEO +1-604-507-2181 +1-604-507-2187 (FAX)
info@africanmetals.com www.africanmetals.com
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