re: Ann: Applications covering multiple coppe... Looks like a very good play:
?h Bondi has submitted 10 tenement applications covering approximately 8,000 square kilometres in north-eastern Namibia;
?h The tenements contain multiple target zones, highly prospective for sedimenthosted copper mineralisation, similar in age and style to Discovery Metals?? Boseto
copper project, in nearby Botswana;
?h The target zones, located under thin Kalahari sand cover, have been newly recognised, following detailed analysis of recent high-resolution airborne magnetic data;
?h These target-zones have had little previous exploration;
?h The applications were submitted in December 2010, and are expected to be granted in the second quarter of 2011.
?h Bondi has planned an aggressive 2011 program of airborne electromagnetic surveying, geochemical sampling of target zones, and drilling of the resultant targets;
?h The company has established a Namibian subsidiary and has engaged the services of an experienced Namibian exploration geologist to direct its Namibian activities
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