Globe Uranium is delighted to report results from the final holes of the 2007 drilling program at its
100%-owned, multi-commodity U-Nb-Ta-Zr Kanyika Project in central Malawi.
Broad widths and significant grades of mineralisation recorded from these holes in the Uzambazi and
Chikoka Zones have exceeded the Company's expectations. Mining consultant Runge Limited is
well advanced with estimation of the maiden JORC-categorised resource at Kanyika. This will be
reported by the end of March, 2008.
Globe Uranium's Managing Director, Mr. Mark Sumich, said "these results have exceeded
expectations. We are very confident that the JORC resource due at the end of the month will at least
meet our previously stated exploration target of 25 million tonnes".
Drilling Results
Results were returned from the remaining 20 RC holes, and one diamond core hole drilled in
the 2007 program at Kanyika. All results from the 81 hole, 9,000 metre program are now to
hand and form the basis of the imminent resource estimate.
The results reported below are from drilling which mainly targeted southern extensions to the
Chikoka, Uzambazi and Pangano Zones in the Central Area, with a number of holes also
testing the southern end of the Milenje Zone.
Uzambazi Zone
The Uzambazi Zone is located in the Central Area between the Pangano and Chikoka Zones.
Seven of the RC drill-holes targeted near-surface mineralisation and two targeted
mineralisation extensions at depth. All holes returned significant widths and grades of multi-
commodity mineralisation. Particularly important are the numerous moderate to high-grade
intercepts from surface, which are expected to add considerable tonnage to the upcoming resource estimate.
Chikoka Zone
The Chikoka Zone is located in the Central Area to the east of the Pangano and Uzambazi
Zones, and links into the Milenje Zone in the north. Seven of the RC drill-holes targeted near-
surface mineralisation and one targeted mineralisation extensions at depth. In addition,
diamond hole KADD001 twinned previous RC hole KARC014. Importantly, these holes also
show large widths of moderate to high-grade mineralisation from surface.
Conclusions and Discussion
Assay results have now been received for all holes to be included in the initial Kanyika Resource
estimate. The results from these latest holes have exceeded expectations, and provide the Company
with every confidence that the exploration target of 25Mt will be reached.
Sampling and Analytical Protocols
RC drill samples of each one-metre down-hole length were manually split on site through a three tier
riffle splitter. Diamond drill samples were halved on-site with a diamond saw. Samples from each
metre were submitted for analysis to Acme Analytical Laboratories Ltd. in Vancouver, Canada (ISO
9001:2000 Accredited), via their preparation laboratory in Harare, Zimbabwe. Quality control
standards, blanks and duplicates are routinely included with the drilling samples by the Company's
exploration team. Rigorous QA/QC procedures are applied to all results returned from the laboratory,
prior to acceptance into the Company's database and subsequent reporting.
Monday, 17 March 2008
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2 comments:
This is very good news. Achimwene, mwina umphawi wathu ndikutha. I must also thank you very much for taking your precious time in aggregating these stories on Malawi. I know blogging is time consuming! God bless!
zikomo achimwene for your kind comments. i hope the stories on this page are helpful to many people. thanks again
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