Key points
- After 13 days, Afri-Can excavated 169 samples, including 130 evaluation samples and 39 exploration samples.
- The program recovered 112 diamonds averaging 0.17 carat per stone, with the two largest weighing 0.52 and 0.50 carat.
- The richest single sample contained 23 diamonds.
- 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 had success from its marine sampling program on block J in Namibia. After the first 13 days of the program, Afri-Can has excavated 169 samples of which 130 samples were evaluation samples. The remaining 39 samples were exploration samples designed to test new areas. The program has resulted in the recovery of 112 diamonds averaging 0.17 carat per stone. The two largest diamonds weighed 0.52 and 0.50 carat, and the richest single sample contained 23 diamonds.
Detailed and complete results will be disclosed after the 30-day sampling program has been completed.
The aim of the complete surveying and sampling program is to delineate diamond resources on block J in compliance with National Instrument 43-101.
“We are delighted with the results to date as they will definitely lead to our primary goal of transforming the current potential into an inferred resource,” said Pierre Leveille, president and CEO of Afri-Can. Mr. Leveille will elaborate on the preliminary results in an interview which will be available at the Agoracom website on or before May 17 at 9 a.m. EST.
Further to the delineation of an inferred resource, a second sampling and/or trial mining program will be designed in order to upgrade the inferred resource into an indicated resource and commence the delineation of mining blocks.
Richard W. Foster is responsible for the technical part of this press release and is the designated qualified person under the terms of 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.
