Key points
- The sampling vessel DP the Explorer will return to the port of Luderitz on Friday, April 23, 2010.
- The block J sampling program will cover features 6, 8, 17 and 19 across seven geological zones, comprising 332 samples.
- Of the 332 samples, 271 are sited within delineated targets covering 19.6 square kilometres, while the remaining 61 test unproven geological formations.
- Afri-Can holds a 70-per-cent interest in block J through a joint venture with licensee Woduna Mining Holdings (Pty.) Ltd.
Afri-Can Marine Minerals Corp. has been informed by International Mining and Dredging Holding Ltd. that the umbilical cable on the sampling vessel DP the Explorer has been changed and that the umbilical compensation system has been successfully tested at sea. The umbilical cable transmits power and communicates operational instructions to the sampling tool. The vessel will return to the port of Luderitz on Friday, April 23. Afri-Can and IMDH have agreed to start the sampling program on block J on April 24, 2010.
The sampling program 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 proven as such. Approximately 22 square kilometres will be examined by future programs of detailed geophysics, vibracoring and evaluation sampling. 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 holds a 70-per-cent interest in block J through a joint venture agreement with the licensee, Woduna Mining Holdings (Pty.) Ltd.
