| Wed 28 Nov 2007, 9:21 | | TAW - Tawana Resources NL - Orapa project-Botswana |
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TAW - Tawana Resources NL - Orapa project-Botswana-drilling completed
Tawana Resources NL
(Incorporated in Australia)
(Registration number ACN 085 166 721)
Share code on the JSE Limited: TAW ISIN: AU000000TAW7
Share code on the Australian Stock Exchange Limited: TAW ISIN: AU000000TAW7
("Tawana" or "the Company")
28 November 2007
Orapa Project-Botswana-Drilling Completed
Highlights:
Drilling shows Orapa kimberlite BK20, at approximately 0.7ha, larger than
previously thought
The initial two phase drilling program of the BK19 - BK26 kimberlites in the
Orapa Project area in Botswana has been completed. A total of 56 holes were
drilled.
The first phase was designed to sample each of the eight kimberlites to a depth
of 100 metres to gain an understanding of the geology and mineral chemistry of
the pipes. Samples from this phase have been prescreened and sent to Tawana`s
Melbourne Laboratory for mineral analysis. Results can be expected during the
first quarter of 2008.
The second drilling phase was designed to determine the surface areas of
selected kimberlites. To date this drilling indicates that BK24 has a surface
area of between 3.3 and 3.6ha, BK22/23 has a surface area of 2.2ha, and BK20 has
a surface area of approximately 0.7ha. This kimberlite was reported to be less
than 0.5ha by the previous explorer.
The probable development by De Beers and AIM listed African Diamonds Plc (AFD-L)
of a new diamond mine in the Orapa area on the AK6 kimberlite, (located 25km to
the south of the Tawana licence), which was originally discovered and evaluated
in the 1970`s and considered at that time to be a small, low-grade kimberlite,
provides an indication of the potential that still remains in Botswana. It is
also noteworthy that Firestone Diamond Plc (FDI-L) has also reported encouraging
results from its work in the Orapa field and elsewhere in Botswana.
The Orapa kimberlite field is located in north eastern Botswana, and includes
the Orapa, Letlhakane and Damtshaa diamonds mines, which produce in excess of 13
million carats of diamonds per year. The Orapa kimberlite field is one of the
largest diamondiferous kimberlite fields in the world, containing 79 known
kimberlites, of which the majority has been proven to be diamondiferous. The
Orapa mine is one of the largest producing kimberlites in the world and is 113
hectares in surface area.
The Orapa mine is located 20 km to the west, Letlhakane is 30km to the south,
and Damtshaa is 6km to the south of the Tawana licence.
Contact:
Wolf Marx
Tel: +61 (0)3 98635222
Mob: +61 (0)428 398446
Email:wolf.marx@tawana.com.au
This report is based on information compiled by Wolf Marx BSc, BA, FAusIMM,
CPGeo, Managing Director of Tawana Resources NL. He has sufficient experience
relevant to the style of mineralisation and types of deposits under
consideration, and to the activities undertaken, to qualify as a competent
person as defined in the 2004 edition of the "Australasian Code for the
Reporting of Mineral Resources and Ore Reserves"
This article can be viewed on the Company`s website at www.tawana.com.au
Date: 28/11/2007 09:21:13 Produced by the JSE SENS Department.
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