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African Aura Resources

Publié le 23 juillet 2009

Further Positive Gold Grades at Batouri Project in Cameroon

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Re:        News - Wednesday, July 22, 2009
Title:     Further Positive Gold Grades at Batouri Project in Cameroon



22nd July, 2009
TSX-V: AAZ

Toronto, (22nd July, 2009) - 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 positive gold results from follow up drilling at Kambele within the Company's 100% owned Batouri gold project in eastern Cameroon.

  • Drill intersections from an additional 12 holes received to date include:
    • 4.99 g/t Au over 9m
    • 5.52g/t Au over 5m
    • 34.67g/t Au over 1m
    • 37.42g/t Au over 1m
  • Confirms presence of multiple shallow dipping gold-in-quartz zones
  • Results from an additional 9 holes expected shortly
  • Data compilation underway for maiden resource estimate



John Gray, Chief Executive Officer, commented:

"These results provide further confirmation of the presence of significant shallow dipping gold mineralised structures currently defined along 500m of strike length, down 700m of dip and remaining open at depth. The surface trace of this structure is presently the focus of intense artisanal gold mining, with over 100 pits up to 20m deep over and area of 600m by 600m. We look forward to receiving further results during August and updating shareholders once these have been received and interpreted. Thereafter we will engage an independent consultant to undertake a maiden resource estimate."

Kambele Gold Prospect

The Company has received further assay results from an additional 12 drill holes from the recently concluded second phase of drilling at the Kambele gold prospect, located within the Company's 100% owned Batouri Gold Project in eastern Cameroon. This phase of drilling comprised 25 holes and was undertaken using the Company's two in-house operated drill rigs. The programme is designed to define an initial resource estimate on the Kambele prospect and comprises five fences on a 100m step-out grid to a maximum drilled depth of 140m across an area which has been intensively worked by hard rock artisanal gold miners.

Drilling to date at the Kambele prospect indicates the presence of two or more, sub-horizontal, sub-parallel gold mineralised zones up to 10m thick containing quartz veins and stringers, dipping 15 degrees towards north. The potential aerial extent of this target is at least 500m by 700m and remains open down dip to the north. Company geologists have recorded visible gold in 25 out of 44 holes drilled to date at Kambele where the gold is associated with a specific generation of quartz veins and stringers that can be reliably targeted in future drilling programmes (Table 1 below, news release dated July 6th, 2009 & updated maps and sections at www.african-aura.com).

Table 1 Assay results from the Phase-2 drill programme at Kambele

Hole ID

From

To

Intersection (m)

Gold (g/t)

KBDD27A

-

-

-

NSR

KBDD071

30.5

41

10.5

1.04

KBDD073

0

3.6

3.6

0.85

38

40

2

0.64

69

74

5

5.52

78

79

1

34.67

84

85

1

12.56

KBDD074

8

9.5

1.5

5.74

14

18.5

4.5

2.37

44

45

1

2.37

KBDD075

24.5

26

1.5

0.61

75

76

1

6.62

KBDD076

14

15.5

1.5

0.86

29

38

9

4.99 *

46

48

2

6.33

59

60

1

4.07

92

94

2

1.94

104

106

2

1.31

KBDD077

-

-

-

NSR

KBDD078

30.5

32

1.5

0.87

47

48.5

1.5

3.88

51.5

56

4.5

2.14

65.5

67.5

2

4.38

78

84

6

2.05

87

89

2

7.01

92

93

1

1.37

KBDD079

47

49

2

1.61

66

68

2

3.91

75

76

1

3.44

KBDD080

-

-

-

NSR

KBDD081

48

49

1

0.86

86

87

1

1.22

93

94

1

37.42

104

105

1

1.85

KBDD082

8.1

11.1

3

1.33

92

94

2

1.18



* Note: KBDD76 29-38m includes 4.75m core loss, 1.5m @ 1.58g/t Au, 1m @ 24.71g/t Au, 1.75m @ 10.21g/t Au.
Hole redrilled -- assays awaited.

NSR = No significant result. Intersections based on 0.5g/t Au cut-off. No top cut applied. Maximum 2m internal waste.

Assays from a further 9 holes are expected during August including a number in which visible gold has been logged.

For the complete news release please click on the link below


Associated File: http://www.african-aura.com/i/pdf/2009News/AAR NR 09-19_KAMBELE_22Jul09.pdf

81 KB in size, approx. 16 seconds to download at 56.6Kbps


 

African Aura Resources

CODE : AAZ.V
ISIN : VGG0130C1095
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African Ara Res. est une société d’exploration minière basée au Royaume-Uni.

African Ara Res. est cotée au Canada et au Royaume-Uni. Sa capitalisation boursière aujourd'hui est 3,3 millions CA$ (2,6 millions US$, 2,0 millions €).

La valeur de son action a atteint son plus bas niveau récent le 21 novembre 2008 à 0,03 CA$, et son plus haut niveau récent le 07 juin 2013 à 0,75 CA$.

African Ara Res. possède 32 630 002 actions en circulation.

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Rapports Financiers de African Aura Resources
30/11/2009Publication of Third Quarter 2009 Financials
Projets de African Aura Resources
20/08/2009(Batouri)Continued Positive Gold Grades At Batouri Project In Cameroo...
23/07/2009(Batouri)Further Positive Gold Grades at Batouri Project in Cameroon
06/07/2009(Batouri)Significant Gold structure at Batouri Project in Cameroon
09/03/2009(Nkout)to Drill Nkout Iron Ore Prospect in Cameroon
04/02/2009(Batouri)Progress Update Batouri Gold Project, Eastern Cameroon
03/12/2008(Batouri)Drilling Defines Priority Gold Target at Kambele in Cameroon
19/11/2008(Batouri)High Grades Intersected at Dimako gold prospect in Cameroon ...
11/11/2008Drilling continues to intercept high grade gold
09/09/2008(Batouri)High grade gold assays from drilling at Kambele Project, Bat...
Communiqués de Presse de African Aura Resources
03/11/2009Directors' Share Dealing
14/10/2009Completion of Merger, Share Consolidation, Name Change, De-L...
21/10/2009Directors' Share Dealing
22/09/2009RECEIVES SHAREHOLDER APPROVAL OF MERGER WITH MANO RIVER
07/07/2009Further encouraging iron results from Cameroon
11/06/2009Further Encouraging Results from Nkout Iron Project
20/02/2009Board Unanimously Recommends Shareholders REJECT Northern's ...
19/01/2009ENCOURAGING RESULTS FROM NKOUT IRON ORE PROSPECT IN CAMEROON
05/11/2008Publication of year end financials
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