TAW - Tawana - Orapa Project-Botswana Release Date: 21/11/2007 08:55:53 Code(s): TAW
TAW - Tawana - Orapa Project-Botswana
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")
Eight Kimberlites Drilled
Drilling shows Orapa kimberlites larger than previously thought
Orapa kimberlite BK24 surface area 3.3 - 3.6ha
Orapa Kimberlites BK22 and BK23 are joined sub-surface
BK22/23 surface area 2.2ha
Drilling of the BK19 - BK26 kimberlites in the Orapa Project area in Botswana is
nearing completion. Drilling was conducted in two phases. The first phase was
designed to sample kimberlite to a depth of 100 metres in each of the eight
kimberlites to gain an understanding of the geology and mineral chemistry of the
pipes. This drilling phase is complete and the samples from the kimberlites have
been transported to Tawana`s processing facility in Kimberley, South Africa.
Full mineral chemistry results from each of the 8 kimberlites will be available
during Q1 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 3.6 ha. The pipe has basalt breccia infill to 30 metres
depth which is thought to have caused an under-estimation of the diamond grade
when tested to this depth by previous explorers.
The kimberlites BK22 and BK23 were previously thought to be two separate small
pipes. Drilling by Tawana has shown this to be incorrect and that the pipes are
joined subsurface to form one 2.2ha body.
Commenting on the program Tawana Managing Director, Wolf Marx, said: "It is
pleasing to be able to report such encouraging results from the first program
conducted by us in the Orapa Project area. Tawana now joins other junior diamond
explorers in reporting successful outcomes in the Orapa diamond field."
Tel: +61 (0)3 98635222
Mob: +61 (0)428 398446
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"
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
21 November 2007
Date: 21/11/2007 08:55:52 Supplied by www.sharenet.co.za
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