Canada’s Afri-Can Marine Minerals Corporation (TSX VENTURE: AFA)(FRANKFURT: AJF) announces that following the acquisition of data from a regional geophysical survey carried out in 2007 by International Mining and Dredging Holding Ltd (IMDH), Afri-Can’s geological team, in conjunction with its consultant Zstar Mineral Resource Consultants (Zstar), have revised and increased the surface of the target areas for the marine diamond sampling program.
The total potential target area for evaluation sampling in Block J now stands at 41.7 square kilometres, as opposed to 27.6 square kilometres in the NI 43-101 report of April 2007. The sampling targets for 2010 have been increased to 19.6 square kilometres from 15.5 square kilometres. Afri-Can holds a 70% interest in Block J through a joint venture agreement with the licensee, Woduna Mining Holdings (Pty) Ltd.
The 2010 sampling program to be undertaken on Block J will cover Features 6, 8, 17 and 19 covering seven Geological Zones and will comprise a total of 332 samples. Of these, 271 are sited within delineated targets covering 19.6 square kilometres. The remaining 61 samples are designed to test geological formations that are thought to be potentially diamond bearing, but have not yet been proved as such. Approximately 22 square kilometres will be examined by future programs of detailed geophysics, vibracoring, and evaluation sampling.
The preparation for the 2010 sampling program is currently underway and progressing very well. The exact date of sampling commencement will be decided as soon as the logistics and preparations are nearing completion and will be communicated to shareholders forthwith. The aim of the complete surveying and sampling program is to delineate diamond resources on Afri-Can’s Block J marine diamond concession in Namibia in compliance with National Instrument 43-101.
Afri-Can is a Canadian company, actively involved in the acquisition, exploration and development of major mineral properties in Namibia. Afri-Can’s creative and scientific approach targets large marine diamond deposits in unexplored prospective territories.
Related posts:
- Afri-Can to Commence Diamond Sampling Program on Block J in Namibia
- Afri-Can Marine Agreement on Sampling Block J Marine Diamond Concession in Namibia with International Mining and Dredging Holding Amended
- Afri-Can Marine Minerals Corporation Amends Agreement over Diamond Sampling in Namibia
- AFRI-CAN COMPLETES DIAMOND SAMPLING PROGRAM ON EPL 3403 IN NAMIBIA
- AFRI-CAN MARINE MINERALS ESTABLISHES DIAMOND RESOURCE AND POTENTIAL ON THE BLOCK J MARINE CONCESSION IN NAMIBIA
