Tawana - Company Press Release Release Date: 14/08/2006 08:00:01 Code(s): TAW
Tawana - Company Press Release
Tawana Resources NL
(Incorporated in Australia)
(Registration number ACN 085 166 721)
Share code on the JSE Limited: TAW
Share code on the Australian Stock Exchange Limited: TAW
("Tawana" or "the Company")
Pilbara Region - Western Australia
Ministerial approval granted for bulk sampling program
Diamonds recovered from small test sample
Dense Media Separation plant being mobilised
The Company is pleased to advise that Ministerial approval has been granted for
the bulk sampling of the Blacktop kimberlite. This approval enables the Company
to mobilise plant and equipment and to commence bulk sampling.
The aim of the bulk sampling program is to determine the grade and diamond
quality of the kimberlite fissure located some 40km east of Pannawonica in the
Pilbara Region of Western Australia.
A 418kg check sample of the Blacktop Kimberlite was recently collected at the
same location as the previously reported De Beers 35.85t sample to review and
assess the mineral chemistry of the kimberlite. 197kg of minus 2mm kimberlite
was concentrated and examined at the Company"s Melbourne Laboratory. This
resulted in the recovery of 19 diamonds weighing 0.054carats. The bottom cut-off
size fraction for treatment and examination was 0.3mm. The plus 2mm fraction was
not examined as mineral chemistry analyses are typically not conducted on the
coarser fractions. Sample details are listed in Table 1.
TABLE 1: Blacktop Kimberlite Sample Details
Sample Weight Diamonds Diamond
Fraction Kg Recovered Weight
+2.0mm 221 Not Examined Not Examined
-2.0mm 197 19 0.054
While the sample size was small, the diamond recoveries are considered an
encouraging lead up to the bulk sample program and the progressive advancement
of the Pilbara Project over the coming months.
Tawana has completed a Machinery Lease Agreement with Perth-based NTF Mineral
Processing for the lease of a 20 tonne per hour dense media separation plant
(DMS) to process the kimberlite bulk samples. The DMS is currently being
mobilised to site and is expected to be commissioned by late September.
The Blacktop Project is a Tawana/De Beers Australia Exploration Limited 50/50
Wolf Marx Basil Tambanis
Tel: +61 3 98635222 Tel: +61 3 98635222
Mob: 0428 398446 Mob: 0414 434339
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 addition of the "Australasian Code for the
Reporting of Mineral Resources and Ore Reserves"
All press releases and announcements may be inspected on the Company"s web site,
14 August 2006
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 14/08/2006 08:00:03 AM Supplied by www.sharenet.co.za
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