Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Mon 2 Oct 2006, 11:32 Tawana - Press Release
TAW
 TAW                                                                             
Tawana - Press Release                                                          
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")                                                     
Blacktop Kimberlite                                                             
Pilbara Region - Western Australia                                              
Diamonds recovered                                                              
Highlights                                                                      
- Bulk sampling program commenced                                               
- Diamonds recovered from Blacktop Kimberlite                                   
- 263 diamonds weighing 20.89 carats from 215 tonnes of minus 6mm fraction of   
Blacktop 01                                                                     
The Company is pleased to advise that the bulk sampling program has commenced   
and that 263 diamonds weighing 20.89 carats have been recovered from the first  
215 tonnes of the plus 1mm minus 6mm material examined. The largest diamond     
weighed 1.0249 carats.                                                          
The material processed was excavated from the Blacktop 1 kimberlite fissure and 
was screened to minus 19mm plus 1mm. The plus 6mm fraction of this batch will be
crushed to minus 6mm and processed. Additional diamonds are expected to be      
recovered from this fraction. The result reported here is only for the plus 1mm 
minus 6mm fraction processed to completion to date. No grade calculations for   
the kimberlite can be inferred from this preliminary result until the plus 6mm  
material has also been processed.                                               
This result is an encouraging preliminary result of an ongoing bulk sampling of 
the kimberlite during which several thousand tonnes of material will be         
processed.                                                                      
The aim of the bulk sampling program is to determine the grade and diamond      
quality of the kimberlite fissure located some 40km east of Pannawonica in the  
Pilbara Region of Western Australia.                                            
The Blacktop Project is a Tawana/De Beers Australia Exploration Limited 50/50   
joint venture.                                                                  
Contact:                                                                        
Wolf Marx                          Basil Tambanis                               
Tel: +61 3 98635222                Tel: +61 3 98635222                          
Mob: 0428 398446                   Mob: 0414 434339                             
wolf.marx@tawana.com.au            basil.tambanis@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"                                
All press releases and announcements may be inspected on the Company"s web site,
namely: www.tawana.com.au                                                       
2 October 2006                                                                  
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 02/10/2006 11:32:02 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.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
[  Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: