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re: down in london/further to mokopane From Aims websiteAIM owns...

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    re: down in london/further to mokopane From Aims website

    AIM owns 100% Mokopane PGM Project which has prospecting rights on the on the predominantly farmland adjoining the town or Mokopane (farm Potgietersrus Town and Townlands 44KS) covering an area of 960 hectares, and first right of refusal over the remaining portions of the farm, measuring approximately 3,000 hectares. The project was acquired in June 2004, following the purchase of Platinexco (Pty) Ltd from JSE listed Thabex Exploration Limited ("Thabex"), for a total consideration of Rand 20 million (approx A$4.2m).

    The Mokopane PGM Project is located on the northern outskirts of the township of Mokopane in the Limpopo Province of South Africa, about 30 km south of Anglo Platinum's PPRust's open pit platinum mine (producing approximately 200,000oz per annum), Pan Paladium’s Grass Valley project (1.53m oz platinum) and immediately south of African Minerals' large Platreef Project.

    PGM mineralisation occurs from SURFACE TO VERTICAL DEPTH of over 200m, within the Platreef zone of the Bushveld Complex. The Platreef on the Mokopane Project has a potential strike length of approximately 4.5 km to the north of Mokopane. The project area includes five known mineralised areas: South-West, Central, North-West,North-East and Far North Anomalies. In the South West deposit the mineralised Platreef is approximately 800 metres long and up to 250 metres wide in outcrop, and dips at 25o-50 o towards the south west and west.

    Approximately 15,330 metres of drilling was undertaken by Thabex and its forebears from 1989 to 1992, mostly on the South West Anomaly.

    AIM engaged Snowden to review the past exploration, and previous resource estimates, and for the South West deposit have estimated a JORC compliant Inferred Resources (at a zero cut off grade) of 39.7 million tones at 0.146% nickel, 0.085% copper, 0.22 g/t platinum and 0.33g/t palladium.

    Importantly, this is the first time that the resources at Mokopane have been classified in accordance with the 1999 JORC Code. Due to the lack of sufficient data at this stage, the estimate excluded any contained gold and rhodium.

    d.
 
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