African Aura Resources Ltd. - Continued positive gold grades at Batouri project in Cameroon
Thu Aug 20, 9:40 AM
ca.news.finance.yahoo.com
TSX-V: AAZ
TORONTO, Aug. 20 /CNW/ - African Aura Resources Ltd. ("African Aura" or the "Company", TSX-V: AAZ), an exploration company with gold, iron ore and uranium exploration activities in sub-Saharan Africa, announces that it has received further positive assay results from the remaining drill holes of the recent infill phase of drilling at the Kambele prospect within the Company's 100% owned Batouri gold project in eastern Cameroon.
- Latest Kambele drill intersections include:
- 44.55 g/t Au over 1.5m
- 8.86 g/t Au over 6.8m
- 23.25 g/t Au over 1m
- 8.26 g/t Au over 2m
- 14.18 g/t Au over 1m
- 13.45 g/t Au over 1m
- Further confirmation of multiple shallow dipping gold-in-quartz zones
- Maiden resource estimate to be undertaken
John Gray, Chief Executive Officer, commented:
"These results include further highly significant gold intercepts giving added confidence to the preliminary interpretation which allows us to project at least two shallow dipping (-20degrees) gold-mineralised structures along 500m of strike length, down 700m of dip and which remains open at depth to the north. The surface trace is presently the focus of intense artisanal gold mining with over 100 pits mapped down to 30m depth focussed on an area 600m by 600m. The Company is presently in the process of appointing an independent consultant to undertake a maiden resource estimate which will also provide data for targeting the structure at depth."
Kambele Gold Prospect
The Company has received assay results from the final nine drill holes from the recently concluded second phase of drilling at the Kambele gold prospect, located within the Company's 100% owned Batouri Gold Project in eastern Cameroon. This second phase of drilling comprised 25 holes and was completed using the Company's two in-house operated drill rigs. The programme was designed to define an initial resource estimate on the Kambele prospect and comprised five fences on a 100m step-out grid to a maximum drilled depth of 140m across an area which has been intensively worked by hard rock artisanal gold miners to depths down to 30m.
Drilling to date at the Kambele prospect indicates the presence of two or more, sub-horizontal, sub-parallel gold mineralised zones with a maximum width of 10m thickness containing quartz veins and stringers, dipping 15-20 degrees towards north. The potential aerial extent of this target is at least 500m by 700m and remains open down dip to the north. Company geologists have recorded visible gold in 25 out of 44 holes drilled to date at Kambele where the gold is associated with a specific generation of quartz veins and stringers that can be reliably targeted in future drilling programmes (Table 1 and news releases dated July 6th and 22nd, 2009 & updated maps and sections at www.african-aura.com).
Table 1 Assay results from the Phase-2 drill programme at Kambele
-------------------------------------------------------------------------
Hole ID From To Intercept Gold Comment
(m) (g/t)
-------------------------------------------------------------------------
KBDD076A 0.0 3.6 3.6 0.56 Redrill of KBDD74
----------------------------------------------------------------
29.1 30.6 1.5 1.13
----------------------------------------------------------------
39.6 43.6 4.0 0.91
----------------------------------------------------------------
71.0 72.0 1.0 1.00
----------------------------------------------------------------
74.0 75.0 1.0 0.50
----------------------------------------------------------------
88.0 89.0 1.0 0.58
-------------------------------------------------------------------------
KBDD076B 0.0 4.0 4.0 1.39 Redrill of KBDD76
----------------------------------------------------------------
14.5 19.0 4.5 4.15
----------------------------------------------------------------
22.0 23.5 1.5 44.55
----------------------------------------------------------------
26.5 28.0 1.5 0.82
----------------------------------------------------------------
32.5 39.3 6.8 8.86
-------------------------------------------------------------------------
KBDD083 77.0 78.0 1.0 1.50
-------------------------------------------------------------------------
KBDD084 42.5 43.5 1.0 0.52
-------------------------------------------------------------------------
57.0 59.0 2.0 2.12
----------------------------------------------------------------
74.0 75.0 1.0 13.45
----------------------------------------------------------------
112.0 114.0 2.0 1.56
----------------------------------------------------------------
129.0 130.0 1.0 23.25
----------------------------------------------------------------
140.5 141.5 1.0 14.18
----------------------------------------------------------------
146.0 148.0 2.0 3.38
-------------------------------------------------------------------------
KBDD085 NSR
-------------------------------------------------------------------------
KBDD086 0.0 2.0 2.0 1.21
----------------------------------------------------------------
27.5 29.0 1.5 0.53
-------------------------------------------------------------------------
KBDD087 122.0 124.0 2.0 4.87
-------------------------------------------------------------------------
KBDD088 49.5 50.5 1.0 1.19
----------------------------------------------------------------
73.5 74.5 1.0 3.27
----------------------------------------------------------------
124.5 125.5 1.0 0.53
----------------------------------------------------------------
128.5 129.5 1.0 6.89
-------------------------------------------------------------------------
KBDD089 53.0 55.0 2.0 8.26
-------------------------------------------------------------------------
Notes: - KBDD76A is a redrill of KBDD74 which recorded poor recovery
- KBDD76B is a redrill of KBDD76 which included 4.75m core loss
and, between 29-38m, intersected 1.58g/t over 1.5m Au, 24.71g/t
Au over 1m, 10.21g/t Au over 1.75m.
- NSR=No significant result.
- Intersections based on 0.5g/t Au cut-off. No top cut applied.
Maximum 2m internal waste.
Oversight
The exploration results and further planned work in Cameroon have been reviewed and approved by Mark Biddulph. He holds a BSc Hons in Geology, and GIS from Rhodes University, and a GDE in Mining Engineering (Mineral Economics) from the University of Witwatersrand in South Africa. Mr Biddulph is a Professional Natural Scientist under the South African Council for Natural Scientific Professions (SACNASP) and a Qualified Person under National Instrument 43-101.
Quality Control and Sample Preparation
African Aura has a rigorous Quality Control Program (QCP) inserting a minimum 5% standards, blanks and duplicates into the sample stream. The Company employs independently owned and managed OMAC Laboratories for all its assay requirements, including the preparation of pulps to 90% -100micron at their in-country preparation facilities in Cameroon and Liberia, followed by 50gram fire assay (with lower detection limit of 2ppb Au) at their main laboratory in Loughrea, Ireland. OMAC is accredited to ISO 17025 by INAB (Irish National Accreditation Board) which is a member of ILAC (International Laboratory Accreditation Cooperation), and is a signatory to the ILAC Mutual Recognition Arrangement. OMAC operates an internal QA/QC check assay programme using in-house standards, reagent blanks and duplicates.
About African Aura
African Aura (TSX-V: AAZ.V) has a 'first-mover' exploration strategy, focused on the discovery of economic iron, gold, and uranium deposits in sub-Saharan Africa. African Aura commenced exploration in 2004 and has established a portfolio of exploration licences totalling approximately 9,880km2, targeting areas of active artisanal gold mining within Archaean greenstone and Proterozoic volcano-sedimentary belts. The portfolio includes the 12km long Nkout iron project in southern Cameroon, the Batouri gold project in eastern Cameroon, the Fula Camp gold project in western Liberia, and a pipeline of significant prospects for drill testing, as well as numerous other gold, uranium and iron ore targets that require follow up exploration. African Aura trades on the TSX-V under the symbol AAZ.
Forward-looking Statements
This press release includes certain Forward-Looking Statements. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralisation and reserves, exploration results and future plans and objectives of African Aura, are forward-looking statements that involve various known and unknown risks and uncertainties as well as other factors. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company has no obligation to update or modify such forward-looking statements, either as a result of new information, future events or for any other reason, and we expressly deny any such obligation in relation thereto. Important factors that could cause actual results to differ materially from African Aura's expectations are disclosed under the heading "Risk Factors" and elsewhere in African Aura's reports and other documents filed from time-to-time with the TSX Venture Exchange and other regulatory authorities in Canada.
The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or the securities laws of any state and may not be offered or sold in the United States absent an exemption from registration.
For more information concerning the reports, or to obtain additional information on the Company, please visit our website at: www.african-aura.com and SEDAR's website at: www.sedar.com or contact the Company directly.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this press release.
Contacts
African Aura Resources Ltd
John Gray
Chief Executive
Tel: +44 (0) 207 239 4722
Cell: +44 (0) 779 616 7811
John.gray@african-aura.com
www.african-aura.com
