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FIVE NEW DIAMONDIFEROUS PIPES IN BOTSWANA.


TORONTO--(BUSINESS WIRE)--April 4, 1995--SOUTHERN AFRICA Africa (ăf`rĭkə), second largest continent (1997 est. pop. 743,000,000), c.11,677,240 sq mi (30,244,050 sq km) including adjacent islands. Broad to the north (c.4,600 mi/7,400 km wide), Africa straddles the equator and stretches c.  (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
: SAF SAF Safety
SAF Society of American Foresters
SAF Society of American Florists
SAF Secretary of the Air Force
SAF Second Amendment Foundation
SAF Singapore Armed Forces
SAF Students for Academic Freedom
SAF Store And Forward
) Southern Africa
This article concerns the region in Africa. For the present-day country in this region, see South Africa; for the former country, see South African Republic.
Southern Africa
 Minerals Corporation (SAF-TSE) is pleased to provide the following update with respect to its diamond exploration program in Botswana, Africa.

Work is currently being focused on the 1.65 million acre Molopo property on which in excess of 100 kimberlite kimberlite: see diamond.
kimberlite
 or blue ground

Dark, heavy, often fragmented igneous rock that may contain diamonds in the rock matrix.
 targets have been identified in addition to the 35 known pipes (7 diamondiferous).

Twenty seven reverse circulation drill holes representing 3918 m of drilling have been completed to date and of these 21 have successfully intersected kimberlite pipes. Four of these holes re-tested known kimberlite pipes.

Preliminary studies of kimberlite indicator mineral results have been received only for the first five samples (being samples 3, 5, 7, 8 and 9) with the remaining samples being processed currently. The work is being carried out at Scientific Services (Pty) Ltd. of Capetown, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , by John Gurney The name John Gurney may refer to:
  • Joseph John Gurney (1788 - 1847), a banker in Norwich, England and a prominent member of the Religious Society of Friends (Quakers).
  • John Henry Gurney (1819 - 1890), an English banker and amateur ornithologist.
. Three of the samples contain a total of eight G10 garnets Garnets may have the following meanings
  • Plural for "Garnet".
  • Garnets, an obsolete unit of dry volume in Imperial Russia.
. The eclogitic chemistry remains to be fully evaluated. This is a critical point in Botswana in that the diamond mines and in particular the

Orapa mine contain a significant ecologitic diamond component.

This is also to report that diamond picking is underway and Southern Africa Minerals Corp. has received preliminary results.

All samples comprise 50 kg of dry bedrock chips, subjected to acid dissolution extraction techniques by Scientific Services (Pty) Ltd.

Diamonds have been visually reported in seven of the first fifteen samples.

Sample Kimberlite Comments ----------- -0-

         MD/8      M-1            re-testing known diamondiferous
kimberlite MD/15     94-50A         new discovery MD/19     94-50B
        new discovery MD/20     M-1-D          new discovery
(satellite to M-1) MD/24     M-4            re-testing known
diamondiferous kimberlite MD/33     94-30          new discovery
MD/35     94-38          new discovery




Processing is currently underway on the remaining samples.

Work at the laboratory to quantify the numbers and quality of stones as well as indicator mineral analyses on all of the above samples is still in progress and the company will only be provided with the results when the full diamond extraction work is concluded at the laboratory. All results will be assessed in terms of the large, known Southern African kimberlite and diamond mine database. As well, these and all subsequent results will form Southern Africa Minerals' preliminary exploration assessment program, expected to encompass some 80 holes.

The Company has planned at least 10 more drill holes on the Molopo project, which will be followed up by the additional drilling of at least 45 high priority geophysical targets on the Lekgodu, Kokong and Mabuasehube and Mosomane licences in the coming months.

The success of the drill program, especially the early discovery of five new diamondiferous kimberlites, is considered highly encouraging. Following the present reconnaissance drilling program the next phase of exploration will involve the collection of larger drill core samples from prospective pipes. Southern Africa Minerals Corp. is well funded to complete this exploration work and will make results available as they are received.

THE PRESS RELEASE WAS PREPARED BY SOUTHERN AFRICA MINERALS CORPORATION WHICH ACCEPTS THE RESPONSIBILITY AS TO ITS ACCURACY. NO STOCK EXCHANGE OR ANY REGULATORY AUTHORITIES Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest
regulatory agency

administrative body, administrative unit - a unit with administrative responsibilities
 OR SIMILAR BODY, HAVE APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.

CONTACT: Wayne J. O'Connor, Executive Vice President

416/365-0250

Fax: 416/365-0023

INDUSTRY KEYWORD: MINING OIL/GAS REPEATS: New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 212-575-8822 or 800-221-2462; Boston 617-330-5311 or
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 4, 1995
Words:552
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