International Mining and Dredging Holding Ltd. (IMDH) has confirmed that testing of DP the Explorer is now nearing completion and it will be ready to commence sampling activities as soon as the government of Namibia’s Ministry of Home Affairs issues the requisite permits for Afri-Can Marine Minerals Corp.’s geologists to join the vessel for the period of the sampling program. Issuance of the permits is expected shortly, and shareholders will be advised once the Explorer departs from the port of Luderitz.
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 proved 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.
