TBX
TBX
Thabex - 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
THABEX - UPDATE: SALT RIVER BASE MINERAL PROJECT
The sampling results of borehole number TBX05, referred to in the SENS
announcement dated 3 March 2006, are:
Mineralised Depth Reef *In Cu Pb Zn Ag Au
width situ
Zone (m) (m) US$/t (%) (%) (%) (g/t) (g/t)
Upper Zone 525.93-529.15 3.22 170,02 1.11 0.55 3.35 34 0.43
Lower Zone 536.08-540.09 4.01 328.58 4.05 0.28 2.72 37 1.65
Total 525,93-540.09 14.16 159.46 1.72 0.24 1.78 23 0.70
* Metal prices as at 27 March 2006 - Copper:U$5260/t, Lead:US$1229/t,
Zinc:US$2541/t, Gold:US$585/oz and Silver:US$10.92/oz.
The above results were compiled by consulting geologist, Deon le Roux, a
qualified Competent Person.
Boreholes TBX06 and TBX07 intersected, both the upper and lower reef zones, the
results of which will be published as soon as they become available.
As a result of the above successful drilling results, the resource estimate of
the Salt River Base Mineral project is expected to be significantly enhanced. An
update of the resource figures for the project will be published in the
Company"s Annual Report to be published before 31 May 2006.
Johannesburg
4 April 2006
Date: 05/04/2006 08:00:08 AM 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
