African Aura Resources

Published : November 11th, 2008

Drilling continues to intercept high grade gold

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Re:        News - Tuesday, November 11, 2008
Title:     Drilling continues to intercept high grade gold




TSX-V: AAZ

November 11, 2008

African Aura Resources Ltd. ("African Aura" or the "Company", TSX-V: AAZ ),an exploration company with gold, iron ore and uranium exploration activities in sub-Saharan Africa, announces that it has received further high grade intersections from its first phase diamond drilling programme on the Company's 100% owned Batouri project in eastern Cameroon.

  • Drilling intersects 65.9g/t over 2.67m, and 43.3g/t Au over 1.50m at Kambele
  • 29 holes completed at Kambele to date for a total of 3,464m
  • Drilling also underway at Dimako gold prospect
  • New 8km gold in soil anomaly at Djengou prospect, trenching underway

The Company's diamond coring rigs are nearing completion of an initial 50 hole programme on the 3.5km long Kambele trend, which in places is up to 500m wide as defined by a >250ppb gold-in-soil contour that coincides with extensive hard rock artisanal workings. Drilling to date has comprised five discontinuous fences to maximum depths of 157m across approximately 30% of the trend. As of 10 November 08, hole KBDD030 was being drilled at Kambele. See map at:http://www.african-aura.com/s/Batouri.asp?ReportID=155407)

Results to date from Kambele indicate good correlation between the surface geochemical anomaly, potassic alteration as defined by a geophysical survey, and the presence of high grade gold bearing quartz veins.

Intersections from recent assay data are shown in Table 1.

Table 1. Up to date assay results from drilling at Kambele and Dimako

Prospect

Hole ID

From (m)

To (m)

Aparent width (m)

Gold (g/t Au)

Kambele

KBDD0017

86.45

88.45

2.00

5.70

 

and

104.45

105.45

1.00

32.40

 

KBDD0019

43.45

44.74

1.29

9.60

 

and

90.00

92.67

2.67

65.90

 

KBDD0019A

58.25

59.75

1.50

43.30

 

and

64.11

65.68

1.57

5.70

 

and

73.00

76.00

3.00

4.60

 

and

86.00

87.10

1.10

1.90

 

and

144.40

145.50

1.10

4.50

 

KBDD0021

31.60

34.60

3.00

8.24

 

KBDD0025

43.45

44.95

1.50

3.30

 

and

70.00

72.00

2.00

1.45

 

KBDD0026

9.00

12.00

3.00

2.99

 

and

47.00

48.00

1.00

35.07

 

and

63.00

64.00

1.00

1.08

 

and

68.00

69.00

1.00

1.55

 

and

79.00

80.00

1.00

1.84

 

and

93.00

95.00

2.00

1.51

 

KBDD0028

30.00

33.00

3.00

4.75

 

and

54.00

55.00

1.00

14.50

 

and

63.00

65.00

2.00

12.35

 

and

75.00

78.00

3.00

0.83

Intersections are based on a 0.5 g/t cut-off grade with no top cut applied.

Dimako Prospect

The Company's second diamond rig is presently drilling hole DMDD013 of an initial 20 hole programme to test the 3.5km long Dimako - Mongonam shear zone hosted gold prospect. Dimako is located 7km to the south west of Kambele and results from this first phase programme will be announced when received.

Djengou Prospect

Elsewhere, a regional soil sampling programme, with samples collected at 200m intervals on 200m spaced lines, has outlined an 8km long gold in soil anomaly defined by a greater than 25ppb gold contour at Djengou. The prospect coincides with a major structural lineament as observed from remote sensing data which is considered to be a potential shear zone with the same strike as the Dimako - Mongonam zone. A systematic programme of trenching is currently underway across the structure. Results from the trenching will be used to guide follow up trenching and any future drilling

see map at:
http://www.african-aura.com/s/Batouri.asp?ReportID=155407

To see the remainder of this press release please see the link below


Associated File: http://www.african-aura.com/i/pdf/2008News/AAR NR 08-12 BATOURI UPDATE 11-11-08.pdf

75 KB in size, approx. 15 seconds to download at 56.6Kbps


Copyright � 2008 AFRICAN AURA RESOURCES LTD. (AAZ) All rights reserved. For more information visit our website at http://www.african-aura.com/ or send email to info@african-aura.com ..
Message sent on Tue Nov 11, 2008 at 9:03:07 AM Pacific Time


 

African Aura Resources

CODE : AAZ.V
ISIN : VGG0130C1095
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African Ara Res. is a exploration company based in United kingdom.

African Ara Res. is listed in Canada and in United Kingdom. Its market capitalisation is CA$ 3.3 millions as of today (US$ 2.6 millions, € 2.0 millions).

Its stock quote reached its lowest recent point on November 21, 2008 at CA$ 0.03, and its highest recent level on June 07, 2013 at CA$ 0.75.

African Ara Res. has 32 630 002 shares outstanding.

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Financials of African Aura Resources
11/30/2009Publication of Third Quarter 2009 Financials
Project news of African Aura Resources
8/20/2009(Batouri)Continued Positive Gold Grades At Batouri Project In Cameroo...
7/23/2009(Batouri)Further Positive Gold Grades at Batouri Project in Cameroon
7/6/2009(Batouri)Significant Gold structure at Batouri Project in Cameroon
3/9/2009(Nkout)to Drill Nkout Iron Ore Prospect in Cameroon
2/4/2009(Batouri)Progress Update Batouri Gold Project, Eastern Cameroon
12/3/2008(Batouri)Drilling Defines Priority Gold Target at Kambele in Cameroon
11/19/2008(Batouri)High Grades Intersected at Dimako gold prospect in Cameroon ...
11/11/2008Drilling continues to intercept high grade gold
9/9/2008(Batouri)High grade gold assays from drilling at Kambele Project, Bat...
Corporate news of African Aura Resources
11/3/2009Directors' Share Dealing
10/14/2009Completion of Merger, Share Consolidation, Name Change, De-L...
10/21/2009Directors' Share Dealing
9/22/2009RECEIVES SHAREHOLDER APPROVAL OF MERGER WITH MANO RIVER
7/7/2009Further encouraging iron results from Cameroon
6/11/2009Further Encouraging Results from Nkout Iron Project
2/20/2009Board Unanimously Recommends Shareholders REJECT Northern's ...
1/19/2009ENCOURAGING RESULTS FROM NKOUT IRON ORE PROSPECT IN CAMEROON
11/5/2008Publication of year end financials
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