Area
August 11, 2008 The Company continues to pursue opportunities to develop its manganese interests in Zambia, and has also entered into an agreement on 8th August 2008 with Mr Jazzman Chikwakwa, the holder of prospecting license PLLS 241/1 at Mkushi, Zambia, whereby the Company will have a period of up to 12 months in which to investigate further the property and will have the right at any time in that period to purchase an 80% interest in the license.
The license, with a calculated area of 325.666 km,² extends eastward from the eastern side of the Company's small scale mining license at Mkushi and up to the Congo border. Some sampling and test work has already been carried out in 2007 by the Company on this area, which appears to contain extensions along strike of the manganese mineralisation found on the Company's license. The license may also be prospective for other minerals.
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