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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (19360)	5/10/2008 12:57:40 PM
From: LoneClone	Read Replies (1) of 192593

Zambezi defines large VTEM anomaly at Kangaluwi tradingmarkets.com Zambezi Resources Ltd today announced the discovery of a potentially significant VTEM anomaly at the wholly-owned Kangaluwi Copper Project in southern Zambia. The company is conducting a major regional VTEM survey at Kangaluwi. A total of 1630 line kms has been completed. A strong and persistent electrical conductor has been defined at the Kangaluwi Prospect in preliminary data received to date. The position of this discrete conductor suggests it represents a down-dip extension of the copper-mineralised stratigraphy previously defined by soil sampling. This stratigraphy has been drilled to the north and west of the VTEM anomaly and yielded significant copper mineralisation over substantial widths in multiple zones. Directors note the core of the newly defined conductor has not yet been tested by drilling. Interpretation of the preliminary data suggests that the conductor is likely to be either sulphides, or graphitic sediments.

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