African Eagle Resources plc - Latest Drilling Results From African Eagle`s Dutwa Nickel Project In Tanzania
November 2009

First assay results from 2009 drilling programme                               

-    Results received from first 17 of approximately 120 planned holes.        

-    Key mineralised intersections include                                     

    -    18m at 1.2% nickel including 9m @ 1.7%                                

-    15m at 1.1% nickel                                                    

    -    27m at 0.9% nickel                                                    

-    Option exercised on the Ngasamo deposit                                   

-    Deposit modelling contract awarded to Snowden Mining Services             

-    Logistics study awarded to Drum Resources Limited                         

 

African Eagle`s Managing Director Mark Parker comments, "We are pleased to report that we have successfully completed our drilling programme to define the margins of the Wamangola Hill Deposit at the Dutwa Nickel Project in Tanzania. We recently received preliminary assay results from the first few drill holes, which are in line with our expectations. The rig will now move to Ngasamo Hill, where our recently completed surface surveys have confirmed that the laterite is nickel bearing. As a result, we have exercised our option to earn an interest in Ngasamo.

 

"The appointment of Snowden Mining Industry Consultants to conduct the deposit modelling and Drum Resources Limited to carry out the logistics study gets our feasibility study well under way."  

 

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