On the 4/4/2007
As previously reported, a drilling program is continuing into the March and June quarters 2007.A preliminary report from the Company's geological contractors, MSA Geoservices(Pty) Ltd, regarding status of Drillhole S36-01 is of particular interest.
NOW THERES A SLIGHT UNDERSTATEMENT!
Drillhole S36-01was drilled to a depth of 697.4m and intersected variably altered syenite, quartz porphry and hematitic breccias. Green copper-phosphate was observed from 172m to 305m depth and some thin veins and blebs of pyrite/chalcopyrite occur from 280m depth. Massive hematite replacement with abundant
pyrite and trace amounts of chalcopyrite was intersected from 640m to the end of hole.
Assays results from this hole are expected shortly.
d.
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