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African Queen Mines Limited

Publié le 23 mai 2016

05/20/16 -AFRICAN QUEEN MINES COMMENCES 2016 EXPLORATION PROGRAM AT YELLOWJACKET GOLD PROJECT WITH DRONE AERIAL SURVEY

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Mots clés associés :   Canada | Drone | Dubai | Mines |

05/20/16 -AFRICAN QUEEN MINES COMMENCES 2016 EXPLORATION PROGRAM AT YELLOWJACKET GOLD PROJECT WITH DRONE AERIAL SURVEY

AFRICAN QUEEN MINES COMMENCES 2016 EXPLORATION PROGRAM AT YELLOWJACKET GOLD PROJECT WITH DRONE AERIAL SURVEY

Vancouver, British Columbia - AFRICAN QUEEN MINES LTD. (the 'Company') is pleased to announce that it has completed a UAV drone aerial survey of the Pine Creek fault zone gold target at its Yellowjacket Gold Project (the 'Project') in Atlin, B.C. The Project covers an area aggregating approximately 79.56 sq. km. of strategic ground 9 km East of Atlin, B.C., in the historic Pine Creek Valley, which has been the site of continuing mining operations for over a century.

The resulting high-resolution aerial photography generated in the survey has been integrated with ongoing geological compilations and exploration planning for the coming work season, which typically runs from May through October in the region. Combined with the historic airborne magnetics data and the known geology, the new images have allowed the Company to identify target areas for further investigation and mapping in preparation for the Company's upcoming core drilling program. The survey provides an update to the profile of the main gold trend on the property and is a step forward in the overall compilation of data in that area, providing an up-to-date detailed imagery base.

A detailed 3-D terrain model and imagery were delivered as part of the survey. These have added detail to the 3-D component of the compilation, aiding in understanding the orientation of interesting structural trends with respect to important surface features. The 3-D products are also aiding in advancement of the Mine Plan and Reclamation Program that are part of the Company's overall long-term commitment to the project.

The Company's exploration program at the Project is being overseen by Ms. Fionnuala Devine, P.Geo., a Qualified Person. She is an experienced geologist with a background largely in early to advanced-stage exploration. She has a thorough understanding of the geology, mineralization and social structure of the Atlin mining camp, which is one of B.C.'s most prolific placer gold-producing regions. Ms. Devine and her technical team are presently developing a database and carrying out additional geological mapping and alteration studies with a view toward developing targets for the Company's upcoming core drilling program anticipated to commence shortly at the Project.

According to Irwin Olian, CEO of the Company, 'We are very excited that our exploration program at the Yellowjacket Gold Project is now underway. Our technical team is moving forward with targeting work for our upcoming core drilling program. The initial drone aerial survey is one state-of-the art exploration tools we are utilizing to provide data to increase effectiveness of our targeting efforts.'

About African Queen

The Company is an exploratory resource company engaged in exploration and development of mineral properties in Canada and Africa. It is presently focusing on development of its Yellowjacket Gold Project iin Atlin, British Columbia, which covers an aggregate of approximately 79.56 sq. km. The Company has its executive offices in Vancouver, Canada. The Company was incorporated under the laws of the Province of British Columbia, Canada on April 30, 2008, and received certain southern African assets in a spin off transaction related to the acquisition of Pan African Mining Corp. by Asia Thai Mining Co., Ltd.

ON BEHALF OF THE BOARD OF DIRECTORS OF AFRICAN QUEEN MINES, LTD.

'Irwin Olian'
Irwin Olian
Chairman & CEO

For more information, contact:

Irwin Olian
President and CEO
E-mail: [email protected]
Phone: (604) 899-0100
Fax: (604) 899-0200

Carrie Howes
Corporate Communications
Email: [email protected]
Phone:
Dubai - +971 55 997 0427
London - +44 (0) 7780 602 788
Germany - +49 (0) 21141 740411
U.K. - +44 (0) 870 490 5443

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of the information contained herein. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.

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Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

African Queen Mines Limited

EXPLORATEUR
CODE : AQ.V
ISIN : CA00830C1095
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African Queen est une société d’exploration minière d'or basée au Canada.

African Queen détient divers projets d'exploration au Botswana, au Mozambique et en Namibie.

Ses principaux projets en exploration sont KING SOLOMON et CAZULA au Mozambique, NOYEM NYAFOMAN au Ghana et OKAVANGO KIMBERLITE et TSAU KIMBERLITE au Botswana.

African Queen est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 2,5 millions CA$ (2,0 millions US$, 1,6 millions €).

La valeur de son action a atteint son plus haut niveau récent le 08 octobre 2010 à 0,75 CA$, et son plus bas niveau récent le 11 septembre 2015 à 0,01 CA$.

African Queen possède 101 190 000 actions en circulation.

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Financements de African Queen Mines Limited
06/03/2012ANNOUNCES PRIVATE PLACEMENT
Nominations de African Queen Mines Limited
18/04/2012APPOINTS JENNIFER TODHUNTER AS NEW CFO AND DIRECTOR
Projets de African Queen Mines Limited
07/09/2016AFRICAN QUEEN FURTHER EXPANDS LAND POSITION SOUTH OF YELLOWJ...
26/04/2013PRESENTING AT CHICAGO RESOURCE EXPO ON APRIL 26, 2013
25/03/20132013 FIELD EXPLORATION PROGRAM COMMENCES AT AFRICAN QUEEN
14/01/2013EXPLORATION LICENSE FOR AFRICAN QUEEN?S NOYEM-NYANFOMAN
13/11/2012INITIAL CORE DRILL RESULTS AT AFRICAN QUEEN?S NOYEM-NYAN
12/07/2012ENCOUNTERS BROAD ZONES OF MINERALIZATION AT
16/04/2012CORE DRILLING COMMENCES AT AFRICAN QUEEN?S ODUNDU PROPER
22/02/2012COMMENCES DRILLING AT NOYEM-NYANFOMAN GOLD P
19/02/2012FAVORABLE EXPLORATION RESULTS AT AFRICAN QUEEN?S ODUNDU
19/01/2012SECURES DRILLER FOR NOYEM-NYANFOMAN PROJECT
06/01/2012(King Solomon)REPORTS RESULTS FROM 2011 RECONNAISSANCE DRILL PROGRAM AT KI...
25/05/2011COMMENCES 2011 FIELD PROGRAM AT NOYEM-NYAFOMAN GOLD PROJECT ...
24/02/2009(Cazula)ABANDONS CAZULA PROJECT IN MOZAMBIQUE TO FOCUS ON HIGHLY PRO...
05/02/2009(Okavango Kimberlite)Executes Contract for Core Drilling at Its Okavango Diamond ...
15/12/2008(Okavango Kimberlite)SAMPLING YIELDS G10 GARNETS AND OTHER KIMBERLITIC INDICATORS...
Communiqués de Presse de African Queen Mines Limited
26/07/201607/25/16 -DRILLING COMMENCES ON AFRICAN QUEEN’S YELLOWJACKET...
12/07/201607/11/16 -DR. REINHARD RAMDOHR TAKES REINS OF AFRICAN QUEEN’...
07/07/201607/06/16 -PLACER MINING OPERATIONS COMMENCE AT AFRICAN QUEEN...
28/06/201606/27/16 -AFRICAN QUEEN CLOSES $450,000 PRIVATE PLACEMENT
22/06/201606/21/16 -AFRICAN QUEEN CEO TO PRESENT AT RICHMOND CLUB LUNC...
18/06/201606/17/16 -AFRICAN QUEEN MINES EXPANDS LAND POSITION IN ATLIN...
01/06/201605/31/16 -AFRICAN QUEEN ANNOUNCES PRIVATE PLACEMENT
23/05/201605/20/16 -AFRICAN QUEEN MINES COMMENCES 2016 EXPLORATION PRO...
01/12/201511/17/15 -AFRICAN QUEEN MINES PRESENTING AT CHICAGO NATURAL ...
15/10/201510/14/15 -AFRICAN QUEEN MINES HIRES FIONNUALA DEVINE TO OVER...
08/10/201510/1/15 -AFRICAN QUEEN MINES ACQUIRES ADDITIONAL GROUND AT Y...
19/08/201508/05/15 - AFRICAN QUEEN MINES SIGNS FORMAL ASSET PURCHASE A...
19/08/201508/11/15 -AFRICAN QUEEN MINES COMPLETES ACQUISITION OF YELLO...
09/02/2015IIROC Trading Resumption - WOW.P; PEP; AQ; MTH; LBI.H
04/02/2015IIROC Trading Halt - AQ, CPP, PKS, SPF
08/08/2014IIROC Trading Resumption - AQ
04/04/2012SECURES DRILLER FOR ITS ODUNDU PROPERTY IN KENYA; MOBILIZATI...
31/03/2012CLOSES SECOND TRANCHE OF $2.417 MILLION PRIVATE PLACEMENT
17/03/2012CLOSES $1.7 MILLION FIRST TRANCHE OF PRIVATE PLACEMENT
02/06/2011JOIN AFRICAN QUEEN MINES AT THE 2011 WORLD RESOURCE INVESTME...
02/03/2011JOIN SACRE - COEUR & AFRICAN QUEEN MINES AT THE 2011 PDAC CO...
22/01/2011GHANA MINISTRY CONSENTS TO TRANSFER OF NOYEM LICENSE FROM NE...
21/02/2009ACCELERATING WORK PROGRAM ON KEY GOLD TARGET
13/02/2009AMENDS STOCK OPTION PLAN
24/01/2009ENGAGES CARRIE HOWES FOR INVESTOR RELATIONS TEAM
08/01/2009shifts to gems
27/12/2008Abandons Braganza Gold Project in Mozambique to Focus on Pri...
17/12/2008COMMENCES TRADING ON THE FRANKFURT STOCK EXCHANGE
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