Phase 2 - 25 holes drilling programme is announced"Continued...

Phase 2 - 25 holes drilling programme is announced

"Continued good results from the Phase 1 drill programme provides the company with a lot of confidence to undertake the Phase 2, 12000m drill programme which is planned to commence at the end of April 2011.

This work will consist of 25 exploration holes, a proportion of which will be utilised to infill drill the current mineralised footprint for resource upgrade purposes and the balance to extend the mineralisation on the current grid which is open laterally.

Ten of the 25 holes will also serve as metallurgical drill holes required for the previously announced definitive feasibility study (DFS) which is to start shortly.

An additional 12 exploration holes for 4200m are planned to test the lateral extension of the Kola mineralisation and also the extent of potash mineralisation on the broader 1436.5 km2 Sintoukola Licence as indicated by the previously completed historical drilling."