Afri-Can Marine Reports Highlights From Ongoing Diamond Sampling Program on Block J In Namibia
MONTREAL, QUEBEC--(May 13, 2010) - Afri-Can Marine Minerals Corporation ("Afri-Can") (TSX VENTURE:AFA) reports 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 carats per stone. The two largest diamonds weighed 0.52 and 0.50 carats, and the richest single sample contained 23 diamonds.
Detailed and complete results will be disclosed after the 30 days 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 Mr. Pierre Léveillé, President and CEO of Afri-Can." Mr. Léveillé will elaborate on the preliminary results in an interview which will be available at: http://agoracom.com/ir/Afri-Can on or before May 17th at 9:00AM 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.
Mr. 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% 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 the 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.
A map is available at the following address: http://file.marketwire.com/release/afa_map.pdf
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The TSX Venture Exchange (TSX-V) does not accept responsibility for the adequacy or accuracy of this release.
For more information, please contact
Afri-Can Marine Minerals Corporation
Pierre Leveille
President & CEO
514-846-2133
514-846-1435 (FAX)
Or
Afri-Can Marine Minerals Corporation
Bernard J. Tourillon
Executive V.P. and CFO
514-846-2133
514-846-1435 (FAX)
info@afri-can.com
www.afri-can.com
