28 May 2009
Dwyka
Resources Limited (Dwyka or the Company)
Muremera
Nickel Project Phase 2 Update
Highlights
- Drilling commences on the first
three of 17 targets at Muremera
- Handover of the exploration
programme from BHP Billiton complete and Dwyka
now owns 100 per cent of the project
- Licence renewal application for
the Muremera licence submitted to the Burundi
authorities for approval
Dwyka
announces that a drilling contractor has been engaged and has commenced the
second phase of diamond drilling at the Muremera
Nickel Project in Burundi.
The drilling targets have been identified following
intensive VTEM surveys that generated signatures consistent with massive
sulphide bodies that may have a nickel signature and are approximately 10km
from the Barrick/Xstrata Kabanga
Project (Kabanga), currently the world’s
largest undeveloped nickel sulphide project.
Following drilling, the core samples will be assayed
by ALS Chemex Laboratory in Johannesburg.
Dwyka
secured 100% ownership of the Muremera Project in
March 2009 with the handover of the exploration programme from BHP Billiton now
complete. The next Phase of the work programme has been submitted to the
Government of Burundi in order to secure the extension of the current
exploration licence.
Melissa
Sturgess, CEO of Dwyka
Resources commented ?We are delighted to have secured 100% ownership from BHP
Billiton who has previously invested in excess of US$7.3m into the
Project. We are now proceeding on schedule with the planned exploration programme at Muremera
and remain optimistic about the project?s
potential.?
For further information please contact:
Melissa Sturgess
Dwyka
Resources Limited
(+44) (0)78 2555 1397 or melissa@dwyresources.com
In United
Kingdom
Richard Brown
Richard Greenfield
Ambrian
Partners Limited
(+44) (0)20 7634 4700
Press enquiries
Charlie Geller or Leesa
Peters
Conduit PR
+44 (0)20
7429 6604/ +44 (0)79 7006 7320
Or visit:
http://www.dwyresources.com
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Kind regards
Tamara Bolik
Dwyka Resources Limited
Suite
2, 5 Ord Street
West
Perth WA
6005
Phone: +618 9324
2955
Fax: +618 9324
2977
Email: tamara@dwyresources.com
Website: www.dwyresources.com