Miyabi Drilling Update
African Eagle Resources plc
JV Partner Announces High Grade Drill Results
At Miyabi Gold Project
African Eagle Resources plc ("African Eagle" or "the Company"; AIM: AFE; AltX:
AEA) is pleased to report that its joint venture partner BrightStar Resources
Ltd ("BrightStar") has announced gold results from its reverse circulation
drilling programme at Miyabi gold project in Tanzania.
New results include:
* 9m at 1.45g/t gold from 28m
* 2m at 1.83g/t from 53m
* 2m at 5.4g/t from 81m
* 4m at 1.78g/t from 1m
* 5m at 1.34g/t from 1m
The results confirm broad zones of gold mineralisation near the granite-
greenstone contact.
BrightStar´s latest results are from reverse circulation (RC) holes in the
contact and Ndagalu areas, following up results from earlier shallow rotary air
blast drilling. In all, 31 RC holes for 2,605m were completed on sections
spaced 200m to 400m apart, with results from about half having been announced
previously.
Lesen Sie auch
The drilling revealed broad zones of gold mineralisation in sheared and
brecciated greenstones close to the granite contact. These zones included
intersections such as 71m at 0.22g/t Au from 13m and 48m at 0.22g/t Au from
18m. BrightStar comment that these broad zones of primary gold mineralisation
require follow-up to understand the controls on the higher grade mineralisation,
which will be done in conjunction with testing of a high grade zone discovered
during 2011.
BrightStar also reports that a new rig has arrived in Mombasa, Kenya and is
expected to be drilling at Miyabi in May.
The Miyabi gold project is a Joint Venture between African Eagle and ASX-listed
BrightStar Resources Ltd, under which BrightStar can earn up to 75% of the
project by completing exploration and a feasibility study.
A table of all mineralised intersections is set out in the appendix to this
release and full details of the Miyabi drilling programme and results can be
found on BrightStar´s web site: http://brightstarresources.com.au/
About African Eagle
African Eagle Resources plc is a junior mining developer and explorer with
projects in Tanzania and Zambia. The Company´s flagship project is the Dutwa
nickel project in Tanzania located about 25 kilometres south of Lake Victoria
and 140 kilometres east of Mwanza within Greenstone gold belt which hosts many
of Tanzania´s operating and developing gold mines. The Company is quoted on the
AIM market of the London Stock Exchange (AIM: AFE) and on the AltX of the JSE
(ALTX: AEA).
Qualified Person
Information in this report relating to reported exploration results is based on
data reviewed by Mr Christopher Davies BSc, MSc, DIC, FSEG, FAusIMM, Operations