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Lonrho Mining Limited

Published : January 23rd, 2009

Reports Kimberlite Discovery and Upgrades Potential of Lulo Diamond Project

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Keywords :   Angola | Botswana | Chrome | Collapse | Diamond | Gold | Ilmenite |
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class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:34.0pt+ADs-text-align:justify+ADs-text-indent:-34.0pt'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Symbol+ADs-mso-ansi-language:EN-AU'+AD4-?+ADw-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-AU'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ADw-/span+AD4APA-span class+AD0-GramE+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs- font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4-Significant+ADw-/span+AD4APA-/b+AD4APA-/span+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4- results from field-based exploration at +ADw-span class+AD0-SpellE+AD4-Lulo+ADw-/span+AD4- Diamond Concession, +ADw-u1:place u2:st+AD0AIg-on+ACIAPgA8-u1:country-region u2:st+AD0AIg-on+ACIAPg-Angola+ADw-/u1:country-region+AD4APA-/u1:place+AD4-.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:34.0pt+ADs-text-align:justify+ADs-text-indent:-34.0pt'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:34.0pt+ADs-text-align:justify+ADs-text-indent:-34.0pt'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Symbol+ADs-mso-ansi-language:EN-AU'+AD4-?+ADw-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-AU'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ADw-/span+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-High counts of kimberlitic indicator minerals reported from all six aeromagnetic targets sampled in December 2008.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:34.0pt+ADs-text-align:justify+ADs-text-indent:-34.0pt'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:34.0pt+ADs-text-align:justify+ADs-text-indent:-34.0pt'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Symbol+ADs-mso-ansi-language:EN-AU'+AD4-?+ADw-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-AU'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ADw-/span+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-K72 and adjacent K71 targets reported both +ADw-span class+AD0-SpellE+AD4-pyrope+ADw-/span+AD4--garnets and +ADw-span class+AD0-SpellE+AD4-picro-ilmenites+ADw-/span+AD4-, with K72 positively identified as a Group 1 +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipe.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:34.0pt+ADs-text-align:justify+ADs-text-indent:-34.0pt'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:34.0pt+ADs-text-align:justify+ADs-text-indent:-34.0pt'+AD4APA-span class+AD0-GramE+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Symbol+ADs-mso-ansi-language:EN-AU'+AD4-?+ADw-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-AU'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ADw-/span+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-K72 discovery supported by high alluvial Diamond grades of 9-20cpht from historical bulk sampling from nearby +ADw-u1:place u2:st+AD0AIg-on+ACIAPgA8-u1:PlaceName u2:st+AD0AIg-on+ACIAPgA8-span class+AD0-SpellE+AD4-Canguige+ADw-/u1:PlaceName+AD4APA-/span+AD4- +ADw-u1:PlaceType u2:st+AD0AIg-on+ACIAPg-River+ADw-/u1:PlaceType+AD4APA-/u1:place+AD4-.+ADw-/span+AD4APA-/b+AD4APA-/span+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:34.0pt+ADs-text-align:justify+ADs-text-indent:-34.0pt'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:34.0pt+ADs-text-align:justify+ADs-text-indent:-34.0pt'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Symbol+ADs-mso-ansi-language:EN-AU'+AD4-?+ADw-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-AU'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ADw-/span+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-Increases confidence that most of the 217 aeromagnetic anomalies in the +ADw-span class+AD0-SpellE+AD4-Lulo+ADw-/span+AD4- field are related to +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipes.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:34.0pt+ADs-text-align:justify+ADs-text-indent:-34.0pt'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:34.0pt+ADs-text-align:justify+ADs-text-indent:-34.0pt'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Symbol+ADs-mso-ansi-language:EN-AU'+AD4-?+ADw-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-AU'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- +ADw-/span+AD4APA-span class+AD0-GramE+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs- font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4-Planning+ADw-/span+AD4APA-/b+AD4APA-/span+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4- underway for dry season drilling and bulk sampling program at K72 and eight other selected targets.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-div style+AD0-'border:none+ADs-border-bottom:solid windowtext 1.5pt+ADs-padding:0cm 0cm 1.0pt 0cm'+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-/div+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-Australian-based Diamond exploration company +ADw-span class+AD0-SpellE+AD4-Lonrho+ADw-/span+AD4- Mining Limited (ASX: +ADw-b+AD4-LOM+ADw-/b+AD4-) is pleased to report highly encouraging results from its first major field-based exploration program at the +ADw-span class+AD0-SpellE+AD4APA-b+AD4-Lulo+ADw-/b+AD4APA-/span+AD4APA-b+AD4- Diamond Concession+ADw-/b+AD4- in north-eastern +ADw-u1:place u2:st+AD0AIg-on+ACIAPgA8-u1:country-region u2:st+AD0AIg-on+ACIAPg-Angola+ADw-/u1:country-region+AD4APA-/u1:place+AD4-.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-Field-based inspection and surface sampling of the +ADw-b+AD4-first six of a total of 217 targets+ADw-/b+AD4- derived from a high-resolution aeromagnetic/radiometric survey completed last year has returned very high levels of kimberlitic indicator minerals, with one of the anomalies, K72, positively identified by +ADw-span class+AD0-SpellE+AD4-Lonhro?s+ADw-/span+AD4- exploration team as a Group 1 +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipe.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-The high counts of indicator minerals +ADw-span class+AD0-SpellE+AD4-pyrope+ADw-/span+AD4--garnets and +ADw-span class+AD0-SpellE+AD4-picro-ilmenite+ADw-/span+AD4-, combined with the presence of indicator-rich +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- outcrop, has substantially upgraded the potential of the +ADw-span class+AD0-SpellE+AD4-Lulo+ADw-/span+AD4- Concession to host multiple Diamond-bearing +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipes. A total of 217 magnetic anomalies have been identified in the field, possibly related to +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipes.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-fareast-font-family: +ACI-Times New Roman+ACIAOw-mso-bidi-font-family:+ACI-Times New Roman+ACIAOw-mso-ansi-language: EN-AU+ADs-mso-fareast-language:FR+ADs-mso-bidi-language:AR-SA'+AD4APA-br clear+AD0-all style+AD0-'page-break-before:always'+AD4- +ADw-/span+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-The new results have been reviewed by +ADw-span class+AD0-SpellE+AD4-Lonhro?s+ADw-/span+AD4- Consulting Geologist, Manfred Marx, and independently reviewed by highly experienced Consulting Geophysicist, E.O. +ADw-span class+AD0-SpellE+AD4-Kostlin+ADw-/span+AD4-, and experienced Australian-based Diamond geologist, David Jones. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-They are considered to be comparable to some of the best early-stage exploration results seen in the Diamond industry, including those achieved in the early stages of the world-class +ADw-span class+AD0-SpellE+AD4-Oropa+ADw-/span+AD4- Diamond Mine in +ADw-u1:place u2:st+AD0AIg-on+ACIAPgA8-u1:country-region u2:st+AD0AIg-on+ACIAPgA8-span class+AD0-GramE+AD4-Botswana+ADw-/u1:country-region+AD4APA-/u1:place+AD4- ?+ADw-/span+AD4- +ADw-span class+AD0-GramE+AD4-a+ADw-/span+AD4- discovery with which Mr Marx was closely involved.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-The +ADw-span class+AD0-SpellE+AD4-Lulo+ADw-/span+AD4- Concession covers an area of 3,000km+ADw-sup+AD4-2+ADw-/sup+AD4- on the eastern margin of the +ADw-u1:PlaceName u2:st+AD0AIg-on+ACIAPgA8-span class+AD0-SpellE+AD4-Cuango+ADw-/u1:PlaceName+AD4APA-/span+AD4- +ADw-u1:PlaceType u2:st+AD0AIg-on+ACIAPg-River+ADw-/u1:PlaceType+AD4- catchment area, 650km east of +ADw-u1:City u2:st+AD0AIg-on+ACIAPg-Luanda+ADw-/u1:City+AD4- in the +ADw-u1:PlaceName u2:st+AD0AIg-on+ACIAPgA8-span class+AD0-SpellE+AD4-Lunda+ADw-/u1:PlaceName+AD4APA-/span+AD4- +ADw-u1:PlaceName u2:st+AD0AIg-on+ACIAPgA8-span class+AD0-SpellE+AD4-Norte+ADw-/u1:PlaceName+AD4APA-/span+AD4- +ADw-u1:PlaceType u2:st+AD0AIg-on+ACIAPg-Province+ADw-/u1:PlaceType+AD4- of north-eastern +ADw-u1:place u2:st+AD0AIg-on+ACIAPgA8-u1:country-region u2:st+AD0AIg-on+ACIAPg-Angola+ADw-/u1:country-region+AD4APA-/u1:place+AD4-. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span class+AD0-SpellE+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs- font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4-Lonhro+ADw-/span+AD4APA-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4- has signed Joint Venture agreements with +ADw-span class+AD0-SpellE+AD4-Endiama+ADw-/span+AD4-, the national Diamond company of +ADw-u1:place u2:st+AD0AIg-on+ACIAPgA8-u1:country-region u2:st+AD0AIg-on+ACIAPg-Angola+ADw-/u1:country-region+AD4APA-/u1:place+AD4- and exclusive concessionary for the Angolan Diamond mining rights, to develop this highly prospective Concession. The Company will have an initial 39+ACU- interest in all +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- deposits discovered on the Concession, decreasing to 30+ACU- after recoupment of its investment, and a 40+ACU- interest in all alluvial deposits discovered on the tenements. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4-December 2008 Field Exploration Program+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-During December, +ADw-span class+AD0-SpellE+AD4-Lonhro?s+ADw-/span+AD4- exploration team completed detailed field inspection of six priority targets derived from a helicopter-borne high resolution MIDAS system aeromagnetic/radiometric survey completed by +ADw-span class+AD0-SpellE+AD4-Fugro+ADw-/span+AD4- Airborne Surveys in early 2008. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-This survey covered an area of 1,000km+ADw-sup+AD4-2+ADw-/sup+AD4- over the Diamond bearing +ADw-span class+AD0-SpellE+AD4-Cacuilo+ADw-/span+AD4- and +ADw-u1:place u2:st+AD0AIg-on+ACIAPgA8-u1:PlaceName u2:st+AD0AIg-on+ACIAPgA8-span class+AD0-SpellE+AD4-Lulo+ADw-/u1:PlaceName+AD4APA-/span+AD4- +ADw-u1:PlaceType u2:st+AD0AIg-on+ACIAPg-River+ADw-/u1:PlaceType+AD4APA-/u1:place+AD4- catchments. The north-south flight lines were flown at an altitude of 25 metres above the surface and at 100m line spacing. The resulting data is of exceptionally high quality.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-The interpretation of this data was completed by Consulting Geophysicist E.O. +ADw-span class+AD0-SpellE+AD4-Kostlin+ADw-/span+AD4-, who was employed for 37 years by Anglo American Corporation and De Beers Diamond Mines and their subsidiary companies. He concluded that +ADw-b+AD4-the 217 dipolar magnetic anomalies identified are in all likelihood due to +ADw-span class+AD0-SpellE+AD4-kimberlites+ADw-/span+AD4- and/or +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- magma blows+ADw-/b+AD4-. This is supported by the 27 +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipes reported within the +ADw-span class+AD0-SpellE+AD4-Lulo+ADw-/span+AD4- concession area during colonial times.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-The objective of the field program was to map the surface geology of the +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- targets and to collect a 20kg to 40kg surface loam sample from each. The presence of kimberlitic indicator minerals within these soil samples would point to an underlying +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipe+ADs- secondly, the geochemistry of the grains is generally a reflection of the Diamond grade of the host rock. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4-Heavy Mineral Results+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-At the six locations, a single -2 mm screened soil sample was collected, weighing 20kg to 40kg, at the central point of the anomaly. The material was then concentrated using a gold pan, dried, packaged and delivered to the MSA Group laboratories in +ADw-u1:place u2:st+AD0AIg-on+ACIAPgA8-u1:City u2:st+AD0AIg-on+ACIAPg-Johannesburg+ADw-/u1:City+AD4-, +ADw-u1:country-region u2:st+AD0AIg-on+ACIAPg-South Africa+ADw-/u1:country-region+AD4APA-/u1:place+AD4-. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4-Significantly, all six of these locations produced significant counts of kimberlitic indicator minerals+ADs- as such, they are considered to have a high probability of being related to underlying +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipes+ADw-/span+AD4APA-/b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4-.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-In addition, a +ADw-span class+AD0-SpellE+AD4-pyrope-garnet/picro-ilmenite+ADw-/span+AD4- rich +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- outcrop was identified on the summit of hill at the K72 target, which has a surface area of about 30 hectares (see Figures 1 and 2 below). +ADw-b+AD4-The K72 aeromagnetic/satellite/+ADw-span class+AD0-SpellE+AD4-topgraphic+ADw-/span+AD4- feature was identified from field-based inspection as a Group 1 +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipe+ADw-/b+AD4-.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal align+AD0-center style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt: auto+ADs-text-align:center'+AD4APA-b+AD4APA-span style+AD0-'font-size:11.0pt+ADs-font-family:Georgia'+AD4APA-img width+AD0-523 height+AD0-342 id+AD0AIg-Picture+AF8-x005f+AF8-x005f+AF8-x005f+AF8-x0020+AF8-2+ACI- src+AD0AIg-IMG/14129330+AF8-image004.jpg+ACIAPgA8-/span+AD4APA-/b+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal align+AD0-center style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt: auto+ADs-text-align:center'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:9.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4-Figure +ADw-span class+AD0-GramE+AD4-1 ?+ADw-/span+AD4- Priority topographic/satellite image K71 and K72 targets+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-The sample processing at the MSA Group laboratories included screening into 3 size fractions (1.0mm, 0.5mm and 0.3mm) which were weighed and concentrated using TBE heavy liquid. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-Where necessary, the concentrates were re-concentrated using magnetic separation. These concentrates were then sorted by experienced observers. Based on the final sorting results, a selected population of kimberlitic indicator mineral grains will be +ADw-span class+AD0-SpellE+AD4-microprobed+ADw-/span+AD4-. The geochemical analyses have a bearing on the Diamond content of the host +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4-. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4-+ADw-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-This allows for the early targeting of the highest priority Diamond potential +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipes for drilling and bulk sampling. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-Results are reported in Table 1 below.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-div align+AD0-center+AD4- +ADw-table class+AD0-MsoNormalTable border+AD0-0 cellspacing+AD0-0 cellpadding+AD0-0 style+AD0-'border-collapse:collapse+ADs-mso-padding-alt:0cm 0cm 0cm 0cm'+AD4- +ADw-tr style+AD0-'mso-yfti-irow:0+ADs-mso-yfti-firstrow:yes'+AD4- +ADw-td width+AD0-489 colspan+AD0-3 valign+AD0-top style+AD0-'width:366.9pt+ADs-border:solid windowtext 1.0pt+ADs- padding:0cm 5.4pt 0cm 5.4pt'+AD4- +ADw-p class+AD0-MsoNormal align+AD0-center style+AD0-'margin-top:6.0pt+ADs-mso-margin-bottom-alt: auto+ADs-text-align:center'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs- font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4-TABLE 1+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal align+AD0-center style+AD0-'mso-margin-top-alt:auto+ADs-margin-bottom: 6.0pt+ADs-text-align:center'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs- font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4-HEAVY MINERAL RESULTS+ADw-/span+AD4APA-/b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language: EN-AU'+AD4APA-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-/td+AD4- +ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:1'+AD4- +ADw-td width+AD0-163 valign+AD0-top style+AD0-'width:122.3pt+ADs-border:solid windowtext 1.0pt+ADs- border-top:none+ADs-padding:0cm 5.4pt 0cm 5.4pt'+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language: EN-AU'+AD4-Anomaly+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-/td+AD4- +ADw-td width+AD0-163 valign+AD0-top style+AD0-'width:122.3pt+ADs-border-top:none+ADs-border-left: none+ADs-border-bottom:solid windowtext 1.0pt+ADs-border-right:solid windowtext 1.0pt+ADs- padding:0cm 5.4pt 0cm 5.4pt'+AD4- +ADw-p class+AD0-MsoNormal align+AD0-center style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt: 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align+AD0-center style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt: auto+ADs-text-align:center'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4-126+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-/td+AD4- +ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:7'+AD4- +ADw-td width+AD0-163 valign+AD0-top style+AD0-'width:122.3pt+ADs-border:solid windowtext 1.0pt+ADs- border-top:none+ADs-padding:0cm 5.4pt 0cm 5.4pt'+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:14.2pt'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4-L6+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-/td+AD4- +ADw-td width+AD0-163 valign+AD0-top style+AD0-'width:122.3pt+ADs-border-top:none+ADs-border-left: none+ADs-border-bottom:solid windowtext 1.0pt+ADs-border-right:solid windowtext 1.0pt+ADs- padding:0cm 5.4pt 0cm 5.4pt'+AD4- +ADw-p class+AD0-MsoNormal align+AD0-center style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt: auto+ADs-text-align:center'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4-0+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-/td+AD4- +ADw-td width+AD0-163 valign+AD0-top style+AD0-'width:122.3pt+ADs-border-top:none+ADs-border-left: none+ADs-border-bottom:solid windowtext 1.0pt+ADs-border-right:solid windowtext 1.0pt+ADs- padding:0cm 5.4pt 0cm 5.4pt'+AD4- +ADw-p class+AD0-MsoNormal align+AD0-center style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt: auto+ADs-text-align:center'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4-97+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-/td+AD4- +ADw-/tr+AD4- +ADw-tr style+AD0-'mso-yfti-irow:8+ADs-mso-yfti-lastrow:yes'+AD4- +ADw-td width+AD0-489 colspan+AD0-3 valign+AD0-top style+AD0-'width:366.9pt+ADs-border:solid windowtext 1.0pt+ADs- border-top:none+ADs-padding:0cm 5.4pt 0cm 5.4pt'+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language: EN-AU'+AD4-Note:+ACY-nbsp+ADs- Possible spinels were also reported from samples K6 and K14.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language: EN-AU'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs- Possible chrome +ADw-span class+AD0-SpellE+AD4-iopsides+ADw-/span+AD4- were reported in sample K50.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-/td+AD4- +ADw-/tr+AD4- +ADw-/table+AD4- +ADw-/div+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal align+AD0-center style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt: auto+ADs-text-align:center'+AD4APA-b+AD4APA-span style+AD0-'font-size:11.0pt+ADs-font-family:Georgia'+AD4APA-img width+AD0-521 height+AD0-415 id+AD0AIg-Picture+AF8-x005f+AF8-x005f+AF8-x005f+AF8-x0020+AF8-1+ACI- src+AD0AIg-IMG/14129330+AF8-image005.jpg+ACIAPgA8-/span+AD4APA-/b+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal align+AD0-center style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt: auto+ADs-text-align:center'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4-Figure +ADw-span class+AD0-GramE+AD4-2 ?+ADw-/span+AD4- Priority aeromagnetic targets K71 and K72+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:11.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4-SIGNIFICANCE OF RESULTS+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-Confirmation of the K72 magnetic anomaly as a Group 1 +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipe, together with the high count of kimberlitic indicator minerals from five other magnetic anomalies, represents a very significant step forward for the Company. The results suggest that a very high percentage of the 217 magnetic anomalies identified at +ADw-span class+AD0-SpellE+AD4-Lulo+ADw-/span+AD4- are probably related to +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipes.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-The anomalies K71 and the adjacent K72 reported +ADw-span class+AD0-SpellE+AD4-pyrope+ADw-/span+AD4- garnets in addition to the +ADw-span class+AD0-SpellE+AD4-picro-ilmenite+ADw-/span+AD4- grains (+ADw-i+AD4-see Figures 1 and 2+ADw-/i+AD4-). The fact that the +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipes in this province appear to have distinctive indicator mineral suites could assist in the early identification of the most prospective Diamond-bearing pipes. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-For example, G10 garnets are often diagnostic of diamondiferous +ADw-span class+AD0-SpellE+AD4-kimberlites+ADw-/span+AD4-. The results of the microprobe analyses of the K72 and K71 +ADw-span class+AD0-SpellE+AD4-pyrope+ADw-/span+AD4- garnets will therefore be eagerly awaited by the Company in early February.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-The significance of the K72 +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- discovery is enhanced by the alluvial Diamond grades of between 9 and 20cpht (carats per hundred tonnes) that were reported during the colonial times in bulk samples taken from the +ADw-span class+AD0-SpellE+AD4-Canguige+ADw-/span+AD4- River which drains this pipe as well as other suspected neighbouring pipes (+ADw-i+AD4-see Figure 1+ADw-/i+AD4-).+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-To put this in perspective, the average grade of alluvial Diamond deposits for southern +ADw-u1:place u2:st+AD0AIg-on+ACIAPg-Africa+ADw-/u1:place+AD4- is typically much +ADw-span class+AD0-GramE+AD4-lower ?+ADw-/span+AD4- +ADw-span class+AD0-GramE+AD4-around+ADw-/span+AD4- 1cpht.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4-FORWARD PROGRAM+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-In light of these encouraging results, +ADw-span class+AD0-SpellE+AD4-Lonhro+ADw-/span+AD4- is developing a comprehensive three-phase forward work program to fast-track exploration of the +ADw-span class+AD0-SpellE+AD4-Lulo+ADw-/span+AD4- Concession.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4-Phase 1+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:2.0cm+ADs-text-align:justify+ADs-text-indent:-1.0cm'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Symbol+ADs-mso-ansi-language:EN-AU'+AD4-?+ADw-/span+AD4APA-span class+AD0-GramE+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-AU'+AD4AJg-nbsp+ADs- +ADw-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language: EN-AU'+AD4-Confirm+ADw-/span+AD4APA-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs- font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4- the existence of +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipes associated with the heavy mineral at K50, L6, K6, K71 and K14 through a 2,500-3,000m RC drilling program.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:2.0cm+ADs-text-align:justify+ADs-text-indent:-1.0cm'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Symbol+ADs-mso-ansi-language:EN-AU'+AD4-?+ADw-/span+AD4APA-span class+AD0-GramE+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-AU'+AD4AJg-nbsp+ADs- +ADw-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language: EN-AU'+AD4-Investigate+ADw-/span+AD4APA-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs- font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4- the nature of anomalies K29, K30 and K212 which were not sampled in December 2008. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:2.0cm+ADs-text-align:justify+ADs-text-indent:-1.0cm'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Symbol+ADs-mso-ansi-language:EN-AU'+AD4-?+ADw-/span+AD4APA-span class+AD0-GramE+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-AU'+AD4AJg-nbsp+ADs- +ADw-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language: EN-AU'+AD4-Pattern+ADw-/span+AD4APA-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs- font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4- drill confirmed +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipes to confirm their dimensions.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:2.0cm+ADs-text-align:justify+ADs-text-indent:-1.0cm'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Symbol+ADs-mso-ansi-language:EN-AU'+AD4-?+ADw-/span+AD4APA-span class+AD0-GramE+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-AU'+AD4AJg-nbsp+ADs- +ADw-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language: EN-AU'+AD4-Conduct+ADw-/span+AD4APA-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs- font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4- a limited bulk sampling program of between 800-1,000 tonnes at the highest priority +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipes.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4-Phase 2+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:2.0cm+ADs-text-align:justify+ADs-text-indent:-1.0cm'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Symbol+ADs-mso-ansi-language:EN-AU'+AD4-?+ADw-/span+AD4APA-span class+AD0-GramE+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-AU'+AD4AJg-nbsp+ADs- +ADw-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language: EN-AU'+AD4-Conduct+ADw-/span+AD4APA-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs- font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4- mapping and soil sampling of a selected 50-100 magnetic anomalies including construction of access tracks.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:18.0pt+ADs-text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs- font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family: Georgia+ADs-mso-ansi-language:EN-AU'+AD4-Phase 3+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:2.0cm+ADs-text-align:justify+ADs-text-indent:-1.0cm'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Symbol+ADs-mso-ansi-language:EN-AU'+AD4-?+ADw-/span+AD4APA-span class+AD0-GramE+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-AU'+AD4AJg-nbsp+ADs- +ADw-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language: EN-AU'+AD4-Commence+ADw-/span+AD4APA-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs- font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4- evaluation of additional magnetic/satellite image anomalies identified in Phase 2.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- margin-left:18.0pt+ADs-text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs- font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4-Commenting on the results, +ADw-span class+AD0-SpellE+AD4-Lonrho+ADw-/span+AD4- +ADw-span class+AD0-SpellE+AD4-Mining+ADw-span class+AD0-GramE+AD4-?s+ADw-/span+AD4APA-/span+AD4- CEO and Director, Miles Kennedy, said the Company was excited by the results which substantially enhanced the exploration potential of the +ADw-span class+AD0-SpellE+AD4-Lulo+ADw-/span+AD4- Diamond Field. +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span class+AD0-GramE+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs- font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4-?While+ADw-/span+AD4APA-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4- clearly early stage, these results ? +ADw-span class+AD0-GramE+AD4-which+ADw-/span+AD4- have been reviewed by some of the most experienced Diamond exploration geologists in the world ? +ADw-span class+AD0-GramE+AD4-bear+ADw-/span+AD4- all the hallmarks of first pass exploration within a substantial Diamond field with genuine potential to host multiple +ADw-span class+AD0-SpellE+AD4-kimberlite+ADw-/span+AD4- pipes.?+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- mso-ansi-language:EN-AU'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span class+AD0-GramE+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs- font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4-?We+ADw-/span+AD4APA-/span+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4- intend to fast-track exploration activities in order to test the K72 pipe and several other priority target areas with a view to confirming the Diamond potential of these structures as quickly as possible.?+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4- +ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs- text-align:justify'+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-font-family:Georgia+ADs- 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Data and Statistics for these countries : Angola | Botswana | South Africa | All
Gold and Silver Prices for these countries : Angola | Botswana | South Africa | All

Lonrho Mining Limited
PRODUCER
CODE : LOM.AX
ISIN : AU000000NDM5
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Lonrho Mining Ltd. is a producing company based in Australia.

Lonrho Mining Ltd. produces diamonds in South Africa.

Its main assets in production are SCHMIDTSDRIFT, KAMFERSDAM, KAMFERSDAM SOUTH DUMP, KAMFERSDAM NORTH DUMP and KLIPSPRINGER JV in South Africa and its main exploration properties are GROEN RIVER in South Africa and LULO in Angola.

Lonrho Mining Ltd. is listed in Australia. Its market capitalisation is AU$ 34.2 millions as of today (US$ 22.3 millions, € 20.9 millions).

Its stock quote reached its highest recent level on October 15, 2010 at AU$ 1.55, and its lowest recent point on June 23, 2023 at AU$ 0.03.

Lonrho Mining Ltd. has 325 850 016 shares outstanding.
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Project news of Lonrho Mining Limited
4/30/2010(Lulo)Exploration Update - Lulo Diamond Project
1/23/2009(Lulo) Reports Kimberlite Discovery and Upgrades Potential of Lulo...
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AUSTRALIA (LOM.AX)
0.105+0.00%
AUSTRALIA
AU$ 0.105
04/26 12:41 -
0%
Prev close Open
0.105 0.100
Low High
0.100 0.110
Year l/h YTD var.
0.030 -  0.160 162.50%
52 week l/h 52 week var.
0.030 -  0.160 183.78%
Volume 1 month var.
69,022 -8.70%
24hGold TrendPower© : -41
Produces Diamonds
Develops
Explores for Diamonds
 
 
 
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DateVariationHighLow
2024208.82%
2023-26.09%0.050.03
2022-48.89%0.100.04
202157.89%0.100.05
2020-50.43%0.150.04
 
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