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TAW - Tawana Resources NL - Orapa project-Botswana-drilling completed

Release Date: 28/11/2007 09:21
Code(s): TAW
Wrap Text

TAW - Tawana Resources NL - Orapa project-Botswana-drilling completed Tawana Resources NL (Incorporated in Australia) (Registration number ACN 085 166 721) Share code on the JSE Limited: TAW ISIN: AU000000TAW7 Share code on the Australian Stock Exchange Limited: TAW ISIN: AU000000TAW7 ("Tawana" or "the Company") 28 November 2007 Orapa Project-Botswana-Drilling Completed Highlights: Drilling shows Orapa kimberlite BK20, at approximately 0.7ha, larger than previously thought The initial two phase drilling program of the BK19 - BK26 kimberlites in the Orapa Project area in Botswana has been completed. A total of 56 holes were drilled. The first phase was designed to sample each of the eight kimberlites to a depth of 100 metres to gain an understanding of the geology and mineral chemistry of the pipes. Samples from this phase have been prescreened and sent to Tawana`s Melbourne Laboratory for mineral analysis. Results can be expected during the first quarter of 2008. The second drilling phase was designed to determine the surface areas of selected kimberlites. To date this drilling indicates that BK24 has a surface area of between 3.3 and 3.6ha, BK22/23 has a surface area of 2.2ha, and BK20 has a surface area of approximately 0.7ha. This kimberlite was reported to be less than 0.5ha by the previous explorer. The probable development by De Beers and AIM listed African Diamonds Plc (AFD-L) of a new diamond mine in the Orapa area on the AK6 kimberlite, (located 25km to the south of the Tawana licence), which was originally discovered and evaluated in the 1970`s and considered at that time to be a small, low-grade kimberlite, provides an indication of the potential that still remains in Botswana. It is also noteworthy that Firestone Diamond Plc (FDI-L) has also reported encouraging results from its work in the Orapa field and elsewhere in Botswana. The Orapa kimberlite field is located in north eastern Botswana, and includes the Orapa, Letlhakane and Damtshaa diamonds mines, which produce in excess of 13 million carats of diamonds per year. The Orapa kimberlite field is one of the largest diamondiferous kimberlite fields in the world, containing 79 known kimberlites, of which the majority has been proven to be diamondiferous. The Orapa mine is one of the largest producing kimberlites in the world and is 113 hectares in surface area. The Orapa mine is located 20 km to the west, Letlhakane is 30km to the south, and Damtshaa is 6km to the south of the Tawana licence. Contact: Wolf Marx Tel: +61 (0)3 98635222 Mob: +61 (0)428 398446 Email:wolf.marx@tawana.com.au This report is based on information compiled by Wolf Marx BSc, BA, FAusIMM, CPGeo, Managing Director of Tawana Resources NL. He has sufficient experience relevant to the style of mineralisation and types of deposits under consideration, and to the activities undertaken, to qualify as a competent person as defined in the 2004 edition of the "Australasian Code for the Reporting of Mineral Resources and Ore Reserves" This article can be viewed on the Company`s website at www.tawana.com.au Date: 28/11/2007 09:21:13 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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