RESOURCE BASE - HISTORICAL
(1988) Kawiri South: 16Mt at 1.52% Cu
Joint Venture Agreement:
70% TEAL Exploration & Mining Incorporated
30% Antofagasta Minerals Plc (ANTO can earn up an additional 20%)
April 8, 2008
Area 2 Kinsenda West - PLLS 73: Kawiri copper prospect and other drill-ready exploration prospects
Area 4 - PLLS 100: Kabula, Chipopo, Katembula and CFA3 copper prospects
(ex Korea Zinc Copperbelt JV - PLLS 72-73-74-100-102 dated March 9, 2005)
Area 2 Geology:
Deep basin lying east and northeast of Konkola/Konkola North. Northern and southern edges comprise Roan Group. Central parts comprise Nguba Group. Type 1a, 1b and Type 2 targets.
In Area 2 (PLLS 73) Lower Roan stratigraphy extends from the previously defined Kawiri zone of mineralisation towards the very rich Kinsenda deposit in the DRC. The Kawiri mineralisation comprises 16Mt at 1.52% total Cu (Freeman, 1988). A high resolution airborne magnetic survey was undertaken by ARMZ, but no follow-up work has yet been undertaken. TEAL intends to assess the potential for the continuation of the mineralisation into PLLS 73.
Historical drilling: 21 diamond drillholes.
TEAL: 5 diamond drillholes. No economic intersections were drilled
Technical Report on Sedar dated October 21, 2005 (2216K)
Antofagasta Minerals Plc (LSE:ANTO)