| Wed 27 Feb 2008, 16:07 | | MMH - Miranda Mineral Holdings Limited - Two furth |
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MMH
MMH
MMH - Miranda Mineral Holdings Limited - Two further prospecting permits granted
in Botswana
Miranda Mineral Holdings Limited
(incorporated in the Republic of South Africa)
(Registration number: 1998/001940/06)
Share code: MMH & ISIN: ZAE000074019
("Miranda" or "the Company" or "the Group")
Two further prospecting permits granted in Botswana
The board of Miranda is pleased to inform shareholders that the Botswana
Government has granted two additional prospecting permits for diamonds, in terms
of Section 16 of the Mines and Minerals Act of Botswana, to Miranda`s
subsidiary, Firefox Investments (Pty) Limited.
Both prospects lie adjacent to the Group`s current Mochudi prospect, some 80
kilometers east of Gaborone.
The prospects cover a total area of 1022.9 km2, and have been extensively
explored by De Beers in the late 1960`s and as recently as 2000. A number of
potential Kimberlite anomalies were identified, but at the time these did not
meet De Beers` development criteria.
Management is currently reviewing all of the existing geological data on these
properties and is planning for exploration activities to commence in the second
quarter of this year.
Centurion
27 February 2008
Sponsor:
Sasfin Capital
(A division of Sasfin Bank Limited)
Corporate Advisors:
Qinisele Resources (Pty) Limited
Touchstone Capital (Pty) Limited
Enquiries:
Miranda Mineral Holdings Ltd +27 (0) 12 654 1345
Wayne Ison, Financial Director
www.mirandaminerals.com
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Date: 27/02/2008 16:07:01 Produced by the JSE SENS Department.
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