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EXPLORATION

SENEGAL - Massawa comes into limelight with the discovery of substantial mineralization
With continued drilling programs pointing out towards mineralization of gold closer to the surface and persisting to 180 M probed as well as panning in all directions, the region gets a thrust in infra-structure and is expected to be a focal point in the future.

02082008


ONTARIO/CANADA - Bamoos-Claw Lake-Four Dams Property
Marathon PGM Corporation take up further drilling with the intercepts and ongoing drill results confirming the PGM and Au and copper mineralization.

CHINA - Ningxia Yanchi coal reserves
Ningxia Geology and Environment Monitoring Department places the resources at 200 million tonnes which could be the first large-scale coal production facility in Ningxia. With an extent of 25 square kilometer, the occurrence is estimated over 12 layers with a maximum thickness of 6.26 meters. One third of the deposit is expected to contain coking coal.

NAMIBIA - extending undersea mineral wealth

Bonaparte Diamond Mining , Australia's only marine diamond miner announces the potential to mine marine phosphates as an extension of its diamond mining and continuing exploration.. Marine diamond mining is established in Namibia and the operations 40 kms off the coast is not expected to pose additional environmental issues. The current practice is to backfill the mined surface with all the dredged material except the final product and allow the natural rebuild.

SOUTH AFRICA - Mira prospect resource augmentation
The resources augmentation program of Kalahari Platinum Project involving drilling over a strike length of 400m has been encouraging and indicate continuous mineralization

04052008
 



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02082008

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