Metals of Africa Limited (ASX: MTA) – $0.130 (+4%)
28 Oct 2014
Metals of Africa has completed an initial reconnaissance visit at its Kroussou Project in central southern Gabon (Figure 1) and confirms high grade base metal mineralisation outcropping at surface from numerous localities. The five metre wide mineralised horizon is flat dipping and laterally extensive along a paleovalley with a strike length of more than 3km.
The results from the company’s recently completed rock chip sampling program include zinc grades ranging from 3.58% up to 35.01% and lead grades ranging from 7.62% up to 23.06% based on field portable Niton XRF analysis. The company is preparing 60 rock chip samples for export to a laboratory in South Africa for whole rock analysis to verify the field results. The results are expected in December 2014.
Figure 1. Location of the Kroussou Project in Gabon
For further information, visit www.metalsofafrica.com.au
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