targets large marine diamond deposits in unexplored prospective territories
The most recent 43-101 report has established a potential ranging from 0.7 million to 1.8 million carats on 35% of the mineralized area
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

Email Updates

Search

AGORACOM News Flash


AGORACOM WIRE - MONDAY MAY 22ND


LOMIKO METALS - Graphite and Zinc Price Outlook is Favourable Through 2013  Read More 

  • Lomiko owns 100% of the 5,407 Ha Vines Lake Zinc Property and has an agreement to acquire 100% of the Quatre Milles Graphite Property which has recently been expanded to 3,780 Ha.
  • The price for flake graphite is $ 1,500 - 3,000 per tonne depending on flake size and grade.

Lomiko Metals is a *Sponsor  |  Visit the Lomiko Metals HUB 

AGORACOM LAUNCHES FACEBOOK HUB Facebook closes at $34, below IPO price ... Now What?  ... BUY? SELL? GO TO HUB

GOT GRAPHITE? AGORACOM Graphite Stocks Blog Visit Blog

2.46 MILLION OUNCES PGM + GOLD - Pacific North West Capital Corp (TSX:PFN) Read More AGORACOM Twitter: On Palladium Equivalent, PFN  has 3.94M ounce M&I resource http://stks.co/3uSb Anglo Platinum a major shareholder *CLIENT

 

 

Message: Afri-Can Will Start Diamond Sampling on Block J in Namibia

Agoraa_profile
Rank: [?]
President
Points: [?]
19515
Rating: [?]
Votes: 1 Score: 5.0
  • Currently 5.0/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Afri-Can Will Start Diamond Sampling on Block J in Namibia

posted on Apr 20, 10 09:58AM

MONTREAL, QUEBEC--(Marketwire - April 20, 2010) - Afri-Can Marine Minerals Corporation (TSX VENTURE:AFA)(FRANKFURT:AJF) ("Afri-Can") has been informed by International Mining and Dredging Holding Ltd ("IMDH") 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 23th. Afri-Can and IMDH have agreed to start the sampling program on Block J on April 24th, 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 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% interest in Block J through a joint venture agreement with the licensee, Woduna Mining Holdings (Pty) Ltd.

Afri-Can is a Canadian company, actively involved in the acquisition, exploration and development of major mineral properties in Namibia. Afri-Can's creative and scientific approach targets large marine diamond deposits in unexplored prospective territories.

This press release contains certain "forward-looking statements," as identified in Afri-Can's periodic fillings with Canadian Securities Regulators that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Shares outstanding: 177,887,484

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

New Message

Please login to post a reply

AGORACOM Quick Tips

Small-Cap CEO Lessons - Is Your CEO Out Of Touch? ... Not Anymore
Watch
Today's Show
in 00:00:000

President's D.D.

New feature: Hub Presidents can add important links here.