TBX - Thabex - Correction Of Resources Update: Sal
TBX
TBX
TBX - Thabex - Correction Of Resources Update: Salt River Base Mineral Project
Thabex Exploration Limited
("Thabex" or "the Company")
Registration No 1988/000763/06
(Incorporated in the Republic of South Africa)
JSE share code: TBX
ISIN Code: ZAE000013686
Young Lions Exploring Africa
CORRECTION OF RESOURCES UPDATE: SALT RIVER BASE MINERAL PROJECT
Shareholders are referred to the SENS announcement released earlier today dated
11 June 2007, relating to the Salt River Base Mineral Project ("Salt River
Project").
The final column in the table of the aforementioned SENS announcement
incorrectly referred to US$bn under the heading "Estimated Value" when it should
have referred to US$m.
The correct summary of the updated Mineral Resources is listed below:
Mineral Mt Grade Cu Estimated
Resources value
As at 7 Zn Cu Pb Ag Au Equivalent US$/t* US$m
June 2007
Cut-off at % % % g/t g/t %
1.0% Zn
Indicated 14.13 1.78 0.66 0.35 18.86 0.69 1.90 144.16 2037
Resources
Measured 9.97 1.83 0.46 0.55 21.35 0.45 1.83 138.92 1385
Resources
Total 24.10 1.80 0.58 0.43 19.89 0.59 1.84 138.84 3322
*Using 7 June 2007 metal prices (zinc US$3690/t; copper US$7559/t; lead
US$2315/t; gold US$660/oz and silver US$13.15/oz).
All updates about the Salt River project are available on the Company`s website
http://www.thabex.com - News releases and on request by e-mail info@thabex.com
Johannesburg
11 June 2007
Date: 11/06/2007 14:22:37 Produced by the JSE SENS Department.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
