Anglo Aluminum Corp

Published : January 23rd, 2009

Outlines Bauxite Resources of 343 Million Tonnes Indicated and 63 Million Tonnes Inferred at Koba P

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Navasota Outlines Bauxite Resources of 343 Million Tonnes Indicated and 63 Million Tonnes Inferred at Koba Project, Guinea

Navasota Resources Ltd. (TSX-V : NAV) is pleased to report initial bauxite resources for the Koba Bauxite Project located in the Boke Bauxite Belt of northwestern Guinea, West Africa. Total Indicated resources are estimated at 343,183,000 tonnes averaging 42.78% Al2O3, 2.85% SiO2, and 27.83% Fe2O3 (Table 1), and an additional 63,342,000 tonnes averaging 43.81% Al2O3, 2.74% SiO2, and 26.76% Fe2O3 classified as Inferred resources (Table 2). Scott Wilson Roscoe Postle Associates Inc. (SWRPA), part of the Scott Wilson Mining Group, completed the resource study, which conforms to Canadian National Instrument 43-101, Standards of Disclosure for Mineral Projects.

Table 1: Indicated Bauxite Resources, Koba Bauxite Project

Plateau

Tonnage

Al2O3 (%)

Fe2O3 (%)

SiO2 (%)

TiO2 (%)

CaO (%)

MgO (%)

Eastern Plateaus

 

 

 

 

 

 

 

Farenya

32,020,000

41.28

29.49

2.93

3.01

0.01

0.04

Madina Diang+Tito

100,836,000

41.65

29.53

2.69

2.57

0.01

0.04

Nomo

120,553,000

43.58

26.77

2.74

2.29

0.01

0.03

Ouda

43,411,000

43.73

26.86

2.84

2.20

0.01

0.02

Western Plateaus

 

 

 

 

 

 

 

Foye

14,802,000

42.58

26.94

3.72

2.08

0.01

0.03

Kouraidendeli

31,561,000

43.62

26.52

3.33

2.07

0.02

0.03

TOTAL

343,183,000

42.78

27.83

2.85

2.40

0.01

0.03

 

Table 2: Inferred Bauxite Resources, Koba Bauxite Project

Plateau

Tonnage

Al2O3 (%)

Fe2O3 (%)

SiO2 (%)

TiO2 (%)

CaO (%)

MgO (%)

Western Plateaus

 

 

 

 

 

 

 

Fakkerefonye

31,970,000

44.87

25.08

2.82

2.50

0.01

0.03

Killikocco

7,944,000

41.41

30.19

2.54

2.73

0.02

0.02

Ore Pousse 1

1,137,000

41.33

30.27

2.79

1.91

0.02

0.03

Ore Pousse 2

7,439,000

44.18

26.33

2.87

2.32

0.02

0.04

Touguiwel Competa

14,852,000

42.84

28.49

2.63

2.29

0.01

0.05

TOTAL

63,342,000

43.81

26.76

2.74

2.44

0.01

0.03


Mineral resources were estimated using cut-off grades of >35% Al2O3, <35% Fe2O3, <6% SiO2, <5% TiO2, <0.2% CaO, <0.2% MgO, and Al2O3/SiO2 >10. A minimum mining thickness of 2 metres and a maximum stripping ratio of 3:1, waste: ore were also used in the estimation process. Resources are classified as Indicated based on hole spacings of 150 metres. Inferred resources are based on drill hole spacings up to 300 metres. CIM definitions were followed for the Mineral Resource estimate.

Resource estimation utilized much of the drill hole database of 36,759 metres in 2,147 drill holes in two phases of aircore drilling over 26 bauxitic plateaus. Only results available prior to October 31, 2008 were included. As a result, only 58% of the holes from Kouraidendeli Plateau, 82% from Nomo, and 0% from Sapi are included in the estimate. No resources are included from the Central Plateaus as the density of drilling is currently insufficient to establish continuity of the bauxite intervals. In addition, no estimates have been made for the plateaus located in the north part of the Gaoual Permit as assay results are pending. Once outstanding results become available, mineral resource estimates will be updated and preliminary economic assessments initiated.

Phase 1 drilling was designed to confirm the presence of bauxite mineralization on 26 target "plateaus" identified through Aster satellite imagery analyses. This initial phase of drilling totalled 10,666 metres and consisted of 558 shallow holes at 300 and 600-metre hole spacings. Phase 2 drilling, totalling 26,093 metres in 1,589 holes, reduced the drill spacing to 150-metres on 12 plateaus previously covered by Phase 1 drilling. Phase 2 drilling allowed SWRPA to determine the continuity of bauxite mineralization, grade and thickness variability; necessary parameters for resource modelling.

Table 3 Summary of Drilling, Koba Bauxite Project

Plateau

PHASE 1

PHASE 2

AC Holes

Drill Metres

AC Holes

Drill Metres

Eastern Plateaus

 

 

 

 

Madina Diang

24

570

269

4,702

Tito

18

438

 

 

Nomo

40

917

418

7,105

Ouda

13

298

101

1,962

Farenya

26

499

117

1,839

Maniega

-

-

-

-

Akounedjande

14

174

 

 

Central Plateaus

 

 

 

 

Kaoulak

18

329

 

 

Horefilo

13

247

 

 

Fillo

8

165

 

 

Kendaya

12

239

 

 

Bounna

17

279

 

 

Kounsitokhe

15

254

43

601

Dounoama

13

212

 

 

Lakhorde

15

244

59

822

Tenkele

25

441

68

976

Northeastern Plateaus

 

 

 

 

Kouraidendeli

111

2,077

320

5,094

Touguiwel Competa

11

259

 

 

Killikocco

8

165

 

 

Fakkerefonye

25

559

 

 

Northwestern Plateaus

 

 

 

 

Ore Pousse 1

7

103

 

 

Ore Pousse 2

8

155

 

 

Sapi North

10

163

37

557

Sapi South

14

246

58

933

Foye

30

505

99

1,502

Gaoual North Plateaus

 

 

 

 

Kounsidji

57

1,026

 

 

Bhoundoutchale

6

102

 

 

TOTALS

558

10,666

1,589

26,093

GRAND TOTAL

 

2,147

36,759


Technical Studies Initiated

Navasota has retained SWRPA to perform a high-level preliminary environmental and social review of the Koba Bauxite Project in Guinea. This process included a review of existing data, site visit, and report identifying both social and environmental issues to be addressed prior to project development. A SWRPA team recently completed the data review and site visit.

An average bulk density of 2.346 was derived from 10 representative samples collected from freshly dug pits on Nomo and Madina Diang plateaus. This bulk density value is higher than typically encountered in Guinea due to the relatively high iron content of the bauxite. Coffey Mining is currently on-site overseeing the collection of additional samples for bulk density and metallurgical studies. The program consists of excavating a series of pits on several plateaus to collect a broad suite of samples representing the different varieties of bauxite comprising the Koba resource.

General Information

Navasota has the right to earn a 100% interest in the "AMIG" permits, which cover 1,064 square kilometres in the T�lim�l� and Gaoual prefectures of Guinea. These permit areas are located in the Boke Bauxite Belt, which hosts the world's largest and highest-quality bauxite deposits, and are directly surrounded by several of the world's major bauxite miners.

Koba bauxite deposits are predominantly "blanket-type" and fall within the Gaoual deposit group of the Boke-Gaoual Bauxite District. The bauxite is primarily residual in nature, gibbsitic in composition, and containing 40-50% Al2O3 and 1-3% SiO2. Gibbsite is the most desirable aluminum hydroxide species as it can be processed at substantially lower temperatures than either boehmite or diaspore. The bauxite horizon is typically 5 -- 8 metres thick but locally may reach 15 -- 20 metres thickness.

Don Hains, P.Geo., Associate Consultant with SWRPA, and Christopher J. Wild, P.Eng., Vice-President Exploration with Navasota Resources Ltd., both Qualified Persons as defined by Canadian National Instrument 43-101, have reviewed and approved the technical disclosure contained in this news release.


For more information on Navasota and the Koba Bauxite Project, please visit www.navasota.com or contact Kyle Stevenson of Stevenson & Associates IR at 604-687-1779.

On behalf of the Board of Directors
Navasota Resources Ltd.
Signed
James T. Gillis, President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

You can also view this News Release on our website at:
http://www.navasota.com/s/NewsReleases.asp?ReportID=335650

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Anglo Aluminum Corp

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CODE : ALU.V
ISIN : CA0348601067
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Anglo Aluminum is a exploration company based in Canada.

Its main exploration property is KOBA BAUXITE in Guinea.

Anglo Aluminum is listed in Canada and in United States of America. Its market capitalisation is CA$ 8.7 millions as of today (US$ 8.4 millions, € 6.4 millions).

Its stock quote reached its highest recent level on June 20, 2008 at CA$ 0.86, and its lowest recent point on July 12, 2013 at CA$ 0.01.

Anglo Aluminum has 87 305 000 shares outstanding.

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Annual reports of Anglo Aluminum Corp
2008 Annual Report
Financings of Anglo Aluminum Corp
2/8/2008CLOSES PRIVATE PLACEMENT
Nominations of Anglo Aluminum Corp
7/10/2008Appoints New Director
Project news of Anglo Aluminum Corp
1/23/2009(Koba Bauxite)Outlines Bauxite Resources of 343 Million Tonnes Indicated ...
Corporate news of Anglo Aluminum Corp
1/3/2013Gets Title Extension for Koba Koumbia and Renewal for Mamou-...
8/1/2012July 27, 2012
4/27/2012April 26, 2012
1/24/2012January 19, 2012
1/6/2012January 4, 2012
1/5/2012December 28, 2011
6/16/2010Completes Bauxite Resource Drilling at Koumbia, Commences Ba...
4/16/2010Announces Changes to its Board of Directors
3/19/2010Acquires Mamou-Dalaba Bauxite Project, Guinea
9/3/2008Drills Up to 56% Alumina on Northeast Plateaus, Koba Bauxite...
8/26/2008Announces Proposed Implementation of Shareholders Rights Pla...
8/21/2008Drills Up to 53% Alumina on Northwest Plateaus, Koba Bauxite...
7/22/2008Drills Up to 57.4% Alumina at Koba Bauxite Project
7/5/2008Closes $2,750,000 Financing
6/13/2008Announces $2,750,000 Financing
5/30/2008on Navasota's Koba Bauxite Project=2C Guinea
4/8/2008Update on Navasota’s Koba Bauxite Project, Guinea
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