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1. bounteous higher RESOLUTION AIRBORNE MAGNETIC AND RADIOMETRIC questionnaire TO COMMENCE
The initiate II expedition organisation crapper be strong through the commencement, on March 21, 2011, of the bounteous high-resolution airborne attractable and radiometric questionnaire ("Survey") more than every 4 licenses.
The questionnaire continues to be brought nervy from initiate III, to cater extra accumulation to the rendering of test results of the expert production program, and also to support in preparing initiate threesome Exploration Program.
Aeroquest (Aust) Pty. Ltd. continues to be contracted to undertake the Survey. The questionnaire handles every 4 licenses (Yanfolila, Kolondieba, Dandoko and Solabougouda) comprises 4,834 assemblage km and is also getting flown on the East-West class at 200m assemblage spacing using a nominal grime clearance of 70m. places with identified metallic targets for the Yanfolila and Dandoko licenses crapper be flown at tighter 50m assemblage spacing. It is expected the fact that full questionnaire crapper be finished exclusive of quaternary weeks.
The test results in the questionnaire module support in guiding the prepared scout-drilling organisation and in identifying extra targets. factor within the learn organisation crapper be undertaken concurrent using the questionnaire to maximize test results from every actions for the constituted metallic targets.
2. MOBILZATION OF DRILLING equipment COMMENCES
Africa Mining confirms that it has commenced the gathering of learn equipment to the initiate II 5,400m RC (reverse circulation) learn program, which crapper be swollen matter to results.
As previously announced, the content within the preliminary learn organisation would be to intersect metallic mineralization at depth, in difficult rock. The organisation module concentrate on production the pursuing preliminary targets:
â€" Solona and Yanfolila metallic anomalies for the Yanfolila authorise with production to begin preceding to the finish of March 2011; and â€" Disse pore on for the Dandoko authorise with production to begin in Apr 2011.
3. SOLABOUGOUDA LICENSE
On feb . 16, 2011, the Solabougaouda authorise was formally issued to continent Mining, pursuing the mode within the "Convention d' Etablissement" signed on January 20, 2011.
The Solabougouda authorise is situated at most 245 km point of Bamako, and whatever cardinal km East within the Yanfolila license. The authorise has an locate of 188 sq. km and also the 3 12 months duty dedication totals US$1m much as a initial 12 months obligation of $160,000.
The authorise locate continues to be chosen dependent on our rendering of regional airborne attractable content and Atlantic visits. The authorise locate is exclusive of a positioning exactly where there crapper be a trim zone that hosts another metallic deposits. The prepared questionnaire module enhance our capability to delimitate targets and crapper be analyzed in unification with grime geochemistry along with another expedition duty afterwards patch in the year.
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