African Metals Corp. Provides Update on Activities at its Luisha South and Kalande Projects, Katanga Province, Democratic Republic of Congo
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/16/10 -- 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.
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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